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The knowledge platform for the financial technology industry

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42Markets Group Secures $10m Investment from Convergence Partners for Fintech Portfolio Expansion

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42Markets Group, a fintech investment group, has raised $10m in growth funding from Convergence Partners, a prominent private equity investor focusing on sub-Saharan Africa’s technology sector. The funds will be used to accelerate the development and expansion of 42Markets’ portfolio companies: Mesh, Andile, and FX Flow.

Convergence Partners’ investment in 42Markets is supported by 14 global development finance institutions (DFIs) from Europe, the US, and Africa.

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