ImpactAlpha, April 25 – China’s LUN Partners Group said it is backing the digital payments company “to substantially boost cross-border trade and open up new opportunities for Chinese as well as global firms” by making business transactions easier across the continent. Lun and Dutch impact investor Goodwell Investments invested $4.5 million in MFS Africa to to make it easier for customers to make digital payments by connecting mobile money and mobile banking systems to each other. MFS has a customer base of 170 million people across Africa.
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