Digital payments network MFS Africa has has secured an additional $100 million in equity and debt funding led by Admaius Capital Partners, taking the total amount raised in its Series C round to $200 million.
New investors, Vitruvian Partners and AXA IM Alts joined the extension, alongside existing investors, AfricInvest FIVE and CommerzVentures, who re-invested in the extension.
Previous other investors include LUN Partners Group, Goodwell Investments, Allan Gray Ventures, Endeavor Catalyst and Endeavor Harvest, Equator Capital Partners, Ulme, and Vlemeij.
