This article is a slightly edited excerpt of an African Hidden Champions case study, titled MFS Africa: Making borders matter less. The story of how MFS Africa built a digital payment network that connects African countries to each and to the world. MFS Africa is a VISA Principal Issuing Member, allowing MFS Africa to issue cards, acquire members, and provide authorisation services. In 2021, MFS Africa acquired Capricorn Digital, a company offering a suite of products for this agent network. As MFS Africa integrates Capricorn Digital, the transition benefits from a shared alignment in values between the two entities.

Source: The North Africa Journal August 26, 2023 19:17 UTC