RecargaPay, a Brazil-based provider of mobile payment services, recently raised USD 70 million in equity. Founded in 2010, the firm offers a wallet app that facilitates retail payments and provi
Tag: Lun Partners
MICROCAPITAL BRIEF: South Africa’s MFS Africa Lands $14m in Equity from Equator Capital’s ShoreCap III Fund, FSD Africa, Goodwell Investments, Lun Partners to Boost Mobile Financial Services in Rural Areas
South Africa-based financial technology (fintech) company MFS Africa recently raised equity totaling USD 14 million to expand its mobile financial services (MFS) into additional rural areas in Africa. The investors, which are participating in undisclosed portions, are US-based impact fund manager Equator