Onafriq, formerly known as MFS Africa, is a leading pan-African fintech enabling seamless access to digital financial services through its extensive “network of networks.” Headquartered in London, Onafriq connects mobile money wallets, bank accounts, prepaid cards, and payment rails across more than 40 African countries—offering end-to-end solutions for cross-border payments, collections, disbursements, and financial inclusion.
Core Products & Capabilities
Wallet-to-Wallet & Wallet-to-Bank Transfers – real-time money movement across mobile money networks and financial institutions
Prepaid Card Issuing & Processing – white-label virtual and physical card programs powered by Visa and Mastercard
Collections – APIs for receiving payments via USSD, QR, mobile wallets, cards, and bank transfers
Disbursements – bulk payouts for salaries, loans, aid, and supplier payments to wallets, cards, or bank accounts
Agency Banking Infrastructure – tools to enable agent networks for cash-in/cash-out, account opening, and merchant payments
Cross-Border Payment Rail – interoperable platform supporting remittances, B2B transfers, and diaspora flows
Advanced Solutions
Embedded Finance APIs – plug-and-play infrastructure for fintechs, lenders, and platforms to launch financial products
KYC and AML Tools – compliance features embedded into onboarding and transaction layers
Tokenized Card Payments – secure integration for mobile-first digital payments and e-commerce
Multicurrency Wallet Support – manage and settle across African and international currencies
Presence in Africa
Onafriq operates one of the largest interoperable payment networks in Africa with reach in:
Nigeria
Kenya
Uganda
Ghana
Zambia
Cameroon
Senegal
Côte d’Ivoire
It connects over 500 million mobile wallets and bank accounts through direct integrations with mobile network operators, banks, and card networks.
Strategic Value
Pan-African reach through a unified API layer
Trusted by global remittance partners, development agencies, banks, and fintechs
Ideal for cross-border payments, gig worker payouts, and financial inclusion projects
Strong compliance framework and regulatory partnerships across multiple African markets
Enables both outbound and inbound flows with flexible integration models
Onafriq plays a central role in Africa’s digital finance ecosystem by bridging traditional and mobile-first financial systems, empowering local and global partners to scale across the continent.
Website: www.onafriq.com
