A private equity firm focused on financial services, particularly in emerging markets.
Beltone Holding Completes €197.6M Acquisition of Baobab Group
Beltone Holding completed the acquisition of Baobab Group for €197.6 million. The acquisition allows Beltone to expand its operations into seven African markets.
Nedbank Buys iKhokha for R1.65B to Boost SME Push
Nedbank acquired iKhokha for R1.65 billion in an all-cash deal. The acquisition is aimed at empowering the SME market.
Nedbank acquires South African fintech, iKhokha in $93 million cash deal
Nedbank has acquired iKhokha for R1.65 billion ($93.3 million) in cash. iKhokha will maintain its brand and leadership under a management lock-in.
London VC backs $31M funding of South Africa fintech startup Peach Payments
Peach Payments has raised $31M in a Series A funding round led by Apis Partners. The company plans to use the funds to expand into new African markets and increase its product offering.
