The platform boasts over one million cash points of sale, contributing to a 25% increase in payment conversion rates. Encouraged by these results, the company is now planning to open this payments solution to external merchants, with a potential launch before Christmas 2024.

The new maternal health initiative builds on Field’s broader capabilities. Since its inception in 2015, the company has facilitated over 800 million health interventions across more than 60 therapeutic areas.

Over the past three years, Launch Africa Ventures has emerged as a dominant player in Africa’s venture capital ecosystem, investing in more than 150 technology companies across 23 African countries.

The decision could have wider implications for how regulators approach competition issues, particularly in sectors dominated by multinational corporations.