MFS Africa buys Beyonic.
BANKING AND CREDIT NEWS-July 1, 2020--MFS Africa buys Beyonic
(C)2020 M2 COMMUNICATIONS http://www.m2.com
Global Banking News - 01 July 2020
African digital payments hub, MFS Africa has purchased Beyonic, a digital payments firm that provides services for SMEs.
The firms have not announced the value of the deal. MFS Africa uses APIs to connect more than 200 million mobile wallets on the continent. Beyonic focuses on domestic payments and collections, coupled with secure front-end business functionality.
If approved by regulators, the deal...
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