Former MTN CEO Gathers Enough Funding for New Fintech Startup - IT News Africa - Up to date technology news, IT news, Digital news, Telecom news, Mobile news, Gadgets news, Analysis and Reports

Paul Edwards, a former MTN Group CEO has secured series-A funding round for his new fintech startup called VantagePay.TechCentralVantagePay, formally known as Vantage Africa Limited, was established in 2018 with the goal to provide payment and technology services across Africa. It has offices in South Africa, Ghana, Nigeria, and London, and provides payment solutions to Ghanaian banks, telecommunications operators, and fintech.

“VantagePay has incorporated the learnings of EMP and countries like China in developing a business model that enables cost-effective, deep penetration of payment services into African markets,” he added. “It also has a very experienced management team that has proven capability in developing successful pan-African payments companies,” Sparrow said.

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