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Onafriq, Africa’s largest digital payments network, today announced a strategic partnership with Visa to launch Visa Pay, a cloud-native Payments-as-a-Service platform designed to expand digital financial access across the Democratic Republic of Congo (DRC). Through this partnership, consumers in the DRC will be able to conveniently fund their Visa Pay wallets directly from mobile money […]
...Onafriq, in collaboration with the Pan-African Payment and Settlement System (PAPSS), announced the launch of a new cross-border payment service that will initially pilot outbound transactions in Ghana. This launch operationalises the partnership established in 2022, aimed at promoting intra-African cross-border trade and enhancing financial inclusion. The service improves financial interoperability by making transactions faster, […]
...Onafriq now links 1 Billion Connected Mobile Wallets and 500 Million Bank Accounts Across Africa Onafriq, Africa’s largest digital payments network, is celebrating its 15-year anniversary by announcing a significant milestone: close to 1 billion mobile money wallets and 500 million bank accounts are now connected through its infrastructure. Starting as a mobile money switch, […]
...Onafriq, Africa’s largest payments gateway, and Circle, stablecoin market leader and issuer of USDC, today announced their strategic partnership aimed at transforming cross-border payments and digital financial services. This collaboration marks a significant step towards compliantly leveraging stablecoins and blockchain infrastructure to boost Onafriq’s payment network, positioning it at the forefront of the digital payment’s […]
...Mastercard and Onafriq (previously MFS Africa), a pan-African payments company, have collaborated to bring secure, cost-effective, and innovative payment options to consumers, as well as small and medium enterprises (SME) across the continent. Africa’s mobile money sector is one of the most established and fastest growing fintech industries in the world. According to The State of the Industry Report on Mobile Money 2024 by the GSM Association, there are 835 million registered mobile money accounts […]
...MFS Africa, Africa’s largest digital payments network, is thrilled to unveil its new identity: Onafriq. This rebranding is not just a name change but a reflection of the company’s evolution and its vision for the future. As Dare Okoudjou, founder and CEO, puts it: “The name MFS Africa, just like an old jacket, was getting a […]
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