Onafriq
Pan-African cross-border payments network
About
Onafriq (formerly MFS Africa) is a pan-African digital payments hub that interconnects mobile-money wallets, banks and payment providers for cross-border money movement. Its network spans 500+ wallets and 200M+ bank accounts across 40+ African markets, and it has partnered with Conduit and Circle to use stablecoins such as USDC for cross-border settlement, treasury rebalancing and faster payouts.
Stablecoins
Key products
Chains
- Founded
- 2010
- HQ
- Johannesburg, South Africa
- Stage
- Private (growth)
- Funding
- $200M+ raised over its history (incl. AfricInvest, Goodwell, LUN Partners, Visa)
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