MPOS Startups in Africa
Overview Powered by AI
MPOS adoption is gaining traction, driven by ArifPay's aggressive expansion and local leaders recognizing its convenience and cost-effectiveness. However, infrastructure limitations and cash preference remain challenges. The local business community is cautiously optimistic but sees MPOS as a promising tool to expand reach and improve efficiency.
Cummulative Funding
$3.5M+
Total # of Companies
1
Total Deal Count
1
Total M&A Count
0
Total # of Investors
0
List of MPOS startups in Africa
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Founded
2021
Overview
ArifPay is Ethiopia’s first mobile point of sale (MPOS) system for electronic transactions on smartphones.
Last round
Equity Crowdfunding
Total raised
$ 3,500,000
Employee
11-50