Company Profile: MFS Africa

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MFS Africa is a leading Pan-African fintech company, operating the largest digital payments hub on the continent. The MFS Hub is connected to over 170 million mobile wallets in Sub-Saharan Africa, offering unparalleled reach for financial services providers. The company allows merchants, banks, mobile operators and money transfer companies to take advantage of the unique ubiquity of mobile wallets as a safe, convenient, and cost-effective transaction channel. The company works in close partnership with players across the ecosystem to bring simple and secure mobile financial services to un- and under-banked customers, and Africa’s growing digital consumers. 

As the largest digital payments network in Sub-Saharan Africa, MFS Africa operates a payments hub that is effectively a “network of networks”, allowing a user on any of its partners to transact  with any other user, irrespective of their network operator or country. 
MFS Africa recently announced its appointment as Ecobank’s Digital payment partner, and in 2017, the company was named by international business magazine Fast Company, as one of the world’s Most Innovative Companies of 2017.

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Dare Okoudjou

Founder & CEO

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Rachel Balsham

Deputy CEO

The Global Money Transfer Summit (GMTS) is the most recognised conference in the money transfer industry. GMTS connects the global network of innovators, disruptors and established industry stakeholders who are driving the worldwide payments and payment ecosystems in Africa.

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