MFS Africa, the continent’s largest digital funds community, proclaims its transformation into Onafriq. This rebrand symbolizes the corporate’s evolution and future imaginative and prescient.
Dare Okoudjou, founder and CEO, places it: “The identify MFS Africa, similar to an previous jacket, was getting just a little tight for us as we’ve grown. We’ve expanded past simply cell monetary companies, turning into a real omni-channel platform throughout the continent and past. As we embark on this subsequent part of our journey, we needed a reputation that displays our aspiration of wiring up the entire continent into one community of networks with pathways from and to each African and each African enterprise.”
Onafriq’s renaming follows substantial development and acquisitions, together with GTP which expanded the corporate’s attain to the US market.
Onafriq fuses “Ona,” Yoruba for pathways, and “Afrique,” the French phrase for Africa, reflecting their dedication to clever fintech. It additionally echoes the idea of One Africa, emphasizing a borderless, interconnected continent.
Dare Okoudjou aspires to create a cost infrastructure masking each nook of Africa, breaking down boundaries within the fragmented cost panorama to facilitate worldwide commerce and financial development. Okoudjou additional added: “From the get-go, my purpose was to construct a cost infrastructure that touches each nook of Africa and that lasts for over 100 years. My hope is that we get to do this and that we get to make borders really matter much less.”