Baxi

Nigerian fintech startup Baxi, one of the country’s leading super-agent networks, has been acquired by the pan-African payments company MFS Africa to enable the latter’s expansion into Nigeria. Founded in 2014 by Degbola Abudu and Folu Majekodunmi, Baxi provides a cash-in/cash-out offering as well as value-added services – account opening, money transfer, bill payment and more –…