Wednesday, November 10, 2021

London-based MFS Africa, which claims to be Africa's largest digital payments network, raises a $100M Series C, with $70M equity and $30M debt (Tage Kene-Okafor/TechCrunch)

Tage Kene-Okafor / TechCrunch:
London-based MFS Africa, which claims to be Africa's largest digital payments network, raises a $100M Series C, with $70M equity and $30M debt  —  Investor interest in African fintech continues to grab headlines with large fundraises.  Today, Africa's largest digital payments network MFS Africa joins the fray.



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Australia's Senate votes to pass a social media ban for children under 16, brushing aside lawmaker concerns on both sides; tech companies could be fined A$50M (Ben Westcott/Bloomberg)

Ben Westcott / Bloomberg : Australia's Senate votes to pass a social media ban for children under 16, brushing aside lawmaker concern...