MFS Africa partners with Paga to connect Nigerian remittance market to the world

MFS Africa now connects mobile wallets across Africa and money transfer companies around the globe to Paga 

MFS Africa and Paga announced today the launch of their partnership connecting Paga users and Nigerian bank account holders to remittance senders from around the world. Thanks to this collaboration, anyone with a Paga wallet can receive transfers from millions of other mobile money users across Africa, or from any money transfer operator connected to the MFS Hub.

“Together with MFS Africa, Paga is linking millions of mobile wallet users and bank account holders for seamless transactions across networks and across borders.” said Jay Alabraba, co-founder and Director of Business Development of Paga. “People typically think of remittances into Nigeria in terms of flows from Europe and the Americas, but there’s over $3 billion USD a year coming in just from the Nigerian communities in Benin, Niger and Cameroon – countries that are right next door to Nigeria. By joining the MFS Hub, we make it easier for Nigerians in the diaspora to send money back home and we also enable them to pay directly for utility bills, goods and services in Nigeria. We look forward to growing our relationship with MFS Africa in the years to come. This is an important partnership for enabling seamless digital payment for Nigerians at home and abroad.”

“For the last few years, everyone has been looking to the Nigerian market, wondering when and how mobile money would take off,” said Dare Okoudjou, founder and CEO of MFS Africa. “There’s an obvious opportunity here and Paga’s commitment to the market and innovative approach to execution will guarantee we make the most of it. They’ve built an impressive agent network, merchant ecosystem, and user base. We’re excited to finally welcome Nigeria onto the MFS Hub with Paga, and to connect more and more of our mobile network and money transfer operator partners to Paga’s users.”

MFS Africa is a leading Pan-African fintech company, operating the largest digital payments hub on the continent. The MFS Hub is connected to over 120 million mobile wallets in Sub-Saharan Africa, offering unparalleled reach for financial services providers. The company allows merchants, banks, mobile operators and money transfer companies to take advantage of the unique ubiquity of mobile wallets as safe, convenient, and cost effective transaction channel. The company works in close partnership with players across the ecosystem to bring simple and secure mobile financial services to un- and under-banked customers.

MFS Africa was recently listed in the top ten most innovative companies in Africa by Fast Company.


Paga was founded in 2009 with a mission to deliver innovative and universal access to financial services for individuals and businesses across Africa. Paga is underpinned by a secure payments platform that is built with the flexibility to operate in any environment and on even the most basic mobile phone, keeping users’ finances at their fingertips. With Paga, users can send money, pay bills, buy mobile phone airtime, deposit money to any bank, and more.