Smart Monkey TV - 'Creators and innovators in Africa at the crossroads of technology and culture'


""(The Chinese investor), having seen how the payment ecosystem had changed in China, could understand things much quicker than those who had not been through such a change.""

Mobile money start-up MFS’s founder Dare Okoujdou on how he raised US$4.5 million

Dare Okoujdou, Founder, MFS talks about: what the company does; who they raised US$4.5 million from; how it was able to get investment from China’s LUN Partners and Holland’s Goodwell Investments; why investor understanding of culture and context is important; why US and some European investors don’t understand USSD; and the greater patience of angel investors.

May 17, 2018 by Editor
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