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News by FinTech Collective Archive

Airtel Africa raises $100m in new funding

Sarah Wolter

April 1, 2021

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Sarah Wolter

UK based payments platform raised $100m in new funding from Mastercard.

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“With today’s announcement, we are pleased to welcome Mastercard as an investor in our mobile money business, joining The Rise Fund, which we announced two weeks ago,” CEO of Airtel Africa, Raghunath Mandava said of the investment.

https://techcrunch.com/2021/04/01/airtel-africa-receives-additional-100m-for-its-mobile-money-business-from-mastercard/

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