• Access to payments services is a core building block for financial inclusion and the digital economy, and we seek to back solutions created by forward-looking African founders. High costs of remittance services and limited send channels make cross-border payments inaccessible for most low-income and SME market segments in Africa – our investment successfully backed Dare Okoudjou’s MFS Africa vision to overcome these crucial bottlenecks.
• MFS Africa has enabled cross-border payments that leverage mobile channels to scale, supported by interoperability among service providers and payments instruments. During our investment period we witnessed the acceleration in adoption of digital payments and lowering of costs to users.
• We believe MFS Africa has positioned itself as a leading African digital payments company – unlocking new sources of capital flowing through financial markets in the form of remittances and digital payments.

The only currency that matters is access.” www.mfsafrica.com