Cameroon Fintech Maviance Secures USD 3 Mn Funding From MFS Africa

Maviance, a Cameroon-based company that provides digital financial services and technology consulting, announced it has raised USD 3 Mn in equity funding from MFS Africa.

Maviance provides financial institutions, companies, and governments with value-added services and industry-specific online and mobile solutions. The startup also offers a mobile agent banking system, a mobile metering system as a wireless application with a remote server component, and mobile sales automation system.

Maviance is now looking to expand its products in the home market and scale its operations into neighboring Central African countries Gabon and the Republic of Congo.