MFS Africa becomes first African FinTech funded by a China-based VC in $4.5M Series B round led by LUN Partners Group

MFS Africa will work with LUN Partners Group to boost financial inclusion in countries targeted by China’s ‘Belt and Road’ initiativePort Louis, Mauritius – 18th April 2018 - MFS Africa, a leading Pan-African FinTech company, today announced a $4.5m Series B funding round led by LUN Partners Group, a China-based global investment management group. Goodwell Investments, an Amsterdam based investment firm focused on financial inclusion, fintech and inclusive growth, as well as several angel investors... Source: RealWire

via Albert Sherrill Investment Blog http://www.realwire.com/releases/MFS-Africa-becomes-first-African-FinTech-funded-by-a-China-based-VC