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MFS Africa secures USD 4.5 mln funding from Chinese investment group LUN Partners

Thursday 19 April 2018 | 09:58 CET | News
Pan-African fintech firm MFS Africa has announced a USD 4.5 million Series B funding round led by LUN Partners Group, a China-based global investment management group. The round was completed by Amsterdam's Goodwell Investments as well as several angel investors. As part of the deal, MFS Africa will work with LUN Partners Group, its portfolio companies and investor base to boost financial inclusion in countries targeted by China's 'Belt and Road' initiative. 

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Categories: Mobile & Wireless
Countries: Africa
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