Lagos

MFS Africa raises additional equity and debt capital to take its Series C to $200M
MFS Africa raises additional equity and debt capital to take its Series C to $200M
Africa Fintech Payments Recent Funding Startups TC 

MFS Africa raises additional equity and debt capital to take its Series C to $200M

Tage Kene-Okafor 251 Views, , , , , , , , , , , , , , , 2 min read

Pan-African digital payments network MFS Africa has raised $100 million in equity and debt, additional funding that takes its Series C round to $200 million. African investment manager Admaius Capital Partners led the new round. Investors from its first Series C round like AfricInvest FIVE and CommerzVentures doubled down while the fintech also received capital […]

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IROKO co-founder Bastian Gotter raises $3.2M seed for new venture, Bamba
IROKO co-founder Bastian Gotter raises $3.2M seed for new venture, Bamba
Africa Digital Life Enterprise Fintech Mobile Payments Recent Funding Startups TC 

IROKO co-founder Bastian Gotter raises $3.2M seed for new venture, Bamba

Tage Kene-Okafor 213 Views, , , , , , , , , , , , , , , , , , , 4 min read

In 2010, Bastian Gotter invested up to $200,000 into IROKOtv, an African video-on-demand company Jason Njoku, his friend and co-founder, launched in Lagos, Nigeria. For the next couple of years, Gotter, as CFO, was instrumental in turning IROKO — after raising over $30 million from VCs, including Tiger Global — into a household name in […]

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