MFS Africa Rebrands to Onafriq 

MFS Africa, the African fintech platform has rebranded to Onafriq. CEO Dare Okoujou, says the facelift was due to trademark challenges in the US. Aside from the challenges with the trademark, the Onafriq CEO says the group wanted a name that reflects its true ambition as the business had expanded beyond just mobile financial services and had become an omni-channel platform across Africa and beyond. Onafriq acquired US-based fintech company Global Technology Partners (GTP) for $34 million in cash and shares.