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MFS Africa to Buy U.S. Fintech As It Pushes Deeper Into Nascent Space

Digital payments company MFS Africa will acquire U.S.-based Global Technology Partners. So reports The Financial Times.

The purchase represents a rare instance where an African fintech makes a deal with a U.S. company. Additionally, the acquisition will allow MFS to issue its clients prepaid cards, indicating a deeper push in the continent’s growing fintech space.

Read the full article from The Financial Times.

 

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