Tech Company Financing Transactions

MFS Africa Funding Round

On 6/14/2022, MFS Africa announced $100 million in funding from AfricInvest, AXA Venture Partners and CommerzVentures.

Transaction Overview

Company Name
Announced On
Transaction Type
Venture Equity
Proceeds Purpose
The new investment will allow it to achieve four objectives.

Company Information

Company Status
Private & Independent
Mailing Address
3rd Floor The Place 1 Sandton Dr. Sandhurst
Sandton, Undisclosed
South Africa
Email Address
MFS Africa is the leading digital payments gateway supported by a multi-cultural, multi-talented, agile team from over 30 different nations that is driven to create access to a borderless world - a world where access overcomes borders.
MFS Africa LinkedIn Company Profile
Social Media
MFS Africa Company Twitter Account
Company News
MFS Africa News
MFS Africa on Facebook
MFS Africa on YouTube

Management Team

Email & Social
Chief Executive Officer
Dare Okoudjou
  Dare Okoudjou LinkedIn Profile  Dare Okoudjou Twitter Account  Dare Okoudjou News  Dare Okoudjou on Facebook
Chief Operating Officer
Rashi Gupta
  Rashi Gupta LinkedIn Profile  Rashi Gupta Twitter Account  Rashi Gupta News  Rashi Gupta on Facebook
Chief Technical Officer
Maz Chaponda
  Maz Chaponda LinkedIn Profile  Maz Chaponda Twitter Account  Maz Chaponda News  Maz Chaponda on Facebook
General Manager
Zakir Hosenbux
  Zakir Hosenbux LinkedIn Profile  Zakir Hosenbux Twitter Account  Zakir Hosenbux News  Zakir Hosenbux on Facebook
Vice President
Abiodun Ogunlabi
  Abiodun Ogunlabi LinkedIn Profile  Abiodun Ogunlabi Twitter Account  Abiodun Ogunlabi News  Abiodun Ogunlabi on Facebook
Vice President
Sidali Stiti
  Sidali Stiti LinkedIn Profile  Sidali Stiti Twitter Account  Sidali Stiti News  Sidali Stiti on Facebook
VP - Bus. Development
Filip Nilsson
  Filip Nilsson LinkedIn Profile  Filip Nilsson Twitter Account  Filip Nilsson News  Filip Nilsson on Facebook
VP - Bus. Development
Fulgence Stolk
  Fulgence Stolk LinkedIn Profile  Fulgence Stolk Twitter Account  Fulgence Stolk News  Fulgence Stolk on Facebook
VP - General Counsel
Tlotlo Khomo
  Tlotlo Khomo LinkedIn Profile  Tlotlo Khomo Twitter Account  Tlotlo Khomo News  Tlotlo Khomo on Facebook
VP - Product Management
Luke Kyohere
  Luke Kyohere LinkedIn Profile  Luke Kyohere Twitter Account  Luke Kyohere News  Luke Kyohere on Facebook
VP - Product Management
Jane Robinson
  Jane Robinson LinkedIn Profile  Jane Robinson Twitter Account  Jane Robinson News  Jane Robinson on Facebook
VP - Sales
Richard Hadley
  Richard Hadley LinkedIn Profile  Richard Hadley Twitter Account  Richard Hadley News  Richard Hadley on Facebook



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Our team works diligently to document every notable VC transaction. VC investment data records reported here are derived from a variety of public sources. The data comes to us via our partnership with, an affiliated venture.


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