MFS Africa is a mobile money cross-border and cross-wallet transfer service provider in South Africa. For the African market, the company connects different platforms such as mobile operators, financial institutions, cross-border remittance companies, and various consumption scenarios in African countries to provide transfer and transaction channels for mobile money between platforms. Recently announced the completion of the C+ round of financing of 100 million US dollars, and the cumulative C round financing has reached 200 million US dollars. It is reported that the C+ round was led by Admaius Capital Partner. The new investors included Vitruvian Partners and AXA Investment Management, and the original investors such as AfricanInvest and CommerzVentures continued to participate in the investment.
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