MFS Africa Revenue and Competitors

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Total Funding

Finance

Industry

Estimated Revenue & Valuation

  • MFS Africa's estimated annual revenue is currently $94M per year.(i)
  • MFS Africa's estimated revenue per employee is $262,500

Employee Data

  • MFS Africa has 358 Employees.(i)
  • MFS Africa grew their employee count by 21% last year.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$7.7M4610%N/AN/A
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MFS Africa is a pan-African fintech company that develops innovative value added services for mobile wallets. The company works in close partnership with mobile network operators and financial institutions to bring simple and relevant financial services to un- and under-banked customers. MFS Africa currently connects over 200 million mobile wallet customers in sub-Saharan Africa. The MFS Hub also connects money transfer operators, banks, and merchants to mobile wallets in Africa, allowing these partners to take advantage of the growing popularity of mobile wallets as safe, convenient, compliant, and cost-effective delivery channel for international remittances. For more information visit www.mfsafrica.com.

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Total Funding

358

Number of Employees

$94M

Revenue (est)

21%

Employee Growth %

N/A

Valuation

N/A

Accelerator

MFS Africa News

2022-03-30 - MFS Africa to leverage Baxi’s $1.6 billion transaction for global expansion

MFS Africa has said it will build Capricorn Digital Limited (Baxi) into a ... This is as the pan-African digital payments hub completes the...

2022-03-30 - MFS Africa completes acquisition of Nigerian super-agent network, Baxi

MFS Africa, the largest pan-African digital payments hub, on Monday announced that it has completed its acquisition of Capricorn Digital...

2022-03-22 - MFS Africa Makes List Of World's 'Top 100 Cross-Border ...

Africa's largest digital payments network, MFS Africa, has been named one of the world's 'Top 100 Cross-Border Payments Companies' by FXC Intelligence – the...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
N/A35923%N/A
#2
$54.2M36122%N/A
#3
$70.1M37417%N/A
#4
$141M38927%N/A
#5
$3.5M39710%N/A