Since its incorporation in 2012, Baxi has developed a legacy as a reliable and accessible one-stop shop for digital payment services in Nigeria by providing a range of digital products and services to the grass root and mass market consumers through technology and a retail distribution network that is driven primarily by agents, merchants, and […]
Baxi (Formerly Capricorn DIgital Limited) is committed to maintaining and improving information security and business continuity processes by adopting an integrated management system. This provides a framework or integration of the ISO 27001:2013 and ISO 22301:2019 standards. The company defines our core values for Integrated Management System as follows: • To ensure uninterrupted availability […]
We are thrilled to announce that MFS Africa, the parent company of Baxi, was named Fintech of the Year by African Banker magazine, a feat that truly demonstrates our passion for financial inclusion in Africa. Where did the event hold? The African Banker Awards 2023 Gala ceremony is the most prestigious event on the African […]
In an episode of the Flip Africa podcast, sponsored by MFS Africa, the discussion focused on the African labour market and tech companies’ efforts to address related issues. Our COO, Mxolisi Msutwana, was a guest on the show, providing insights into the acquisition of Baxi by MFS Africa and the opportunities it presents for Nigerians […]
Leading Financial Services provider Baxi, under its parent name MFS Africa, has earned its International Organization for Standardization certificate (ISO), a move that reiterates the company’s commitment to service quality, safety, and business continuity among stakeholders. Opex Consulting unveiled the ISO certificate to the management of Baxi during her 8th-anniversary event, which was held at […]
MFS Africa has signed an agreement to acquire Capricorn Digital, owners of Baxi and one of Nigeria’s largest digital solutions and distribution companies with a 90,000-strong agent network across the country, for an undisclosed amount. As the largest fintech interoperability hub in Africa, MFS Africa connects banks, telcos, and money transfer operators across over 35 […]