Goodwell takes follow on investment in MFS Africa

07 November 2018

MFS Africa, a leading Pan-African fintech company, today announced the second close of its Series B funding round led by LUN Partners Group, a Shanghai-based global investment management group. Goodwell Investments joins LUN Partners Group as an existing shareholder in investing additional capital into the fintech and mobile payments services provider. ShoreCap III, LP managed by US-based Equator Capital Partners and UK-based FSD Africa joined the round as new investors, signalling global confidence in MFS Africa’s model, and bringing this total round of funding to USD $14million.

For more information, check the press release.