Tag : MFS Africa

Artificial Intelligence Digital Payments News

MFS Africa Selects Thetaray AI Tech For Transaction Monitoring And Sanctions Screening To Boost Global Expansion

Fintech News Desk
MFS Africa, the largest digital payments hub in Africa, and ThetaRay, a leading provider of AI-powered transaction monitoring technology, announced they will collaborate to protect MFS Africa’s growing network of services against financial crimes. “ThetaRay is thrilled to partner with a forward-thinking company whose strategy is to provide new technology......
Paysend Partners With Afrimoney to Enable Transfers to the Gambia and Sierra Leone
Digital Wallet Fintech News

Paysend Partners With Afrimoney to Enable Transfers to the Gambia and Sierra Leone

Fintech News Desk
Paysend, the UK-based fintech with over 6.5 million customers, announces a technology partnership with Afrimoney, the mobile money service provided by Africell, to enable money transfers to West Africa, specifically The Gambia and Sierra Leone. Through the partnership, which is powered by MFS Africa, Paysend will enable users to send......
Verdant Capital Advises Baxi, a Leading Super-Agent in Nigeria, on Its Sale to MFS Africa
Capital Markets News Risk Management

Verdant Capital Advises Baxi, a Leading Super-Agent in Nigeria, on Its Sale to MFS Africa

Fintech News Desk
MFS Africa is acquiring Baxi to expand its network into Nigeria, Africa’s largest economy and perhaps its most fintech dynamic market. Nigeria is also the largest remittance market in Africa representing one-third of intra-Africa remittance flows, and is home to the largest number of SMEs. Verdant Capital views the two......
MoneyGram Deploys Leading Technology Solutions as Digital Transformation Progresses
Business Fintech Mobile Banking News

MoneyGram Expands Mobile Wallet Capabilities and Leading Position in Africa with New Strategic Partnerships

Fintech News Desk
MoneyGram International, a global leader in cross-border P2P payments and money transfers, announced four mobile wallet and fintech partnerships that give the Company access to mobile wallets in 28 markets in Africa, creating the largest footprint in the industry. As mobile money adoption rapidly grows in Africa, these new partnerships with Airtel,......
Katapult Removes Late Fees as Part of a Consumer-Centric Focus
Fintech Investment Services News

Africa’s fintech sector bucks global downturn with landmark sale of digital payments provider Beyonic to MFS Africa

Fintech News Desk
Africa’s fintech sector is key to the region’s economic growth as technology enables remittance inflows of money from its diaspora to boost disposable income and balance of payments. So says ICON Corporate Finance, the tech-focused investment bank, which recently advised on one of the sector’s most significant transactions in recent......
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