A payment platform that partners with various service providers to facilitate bill payments in South Africa.
Capitec Acquires South African Fintech Walletdoc for $23.5 Million
Capitec Bank acquires Walletdoc for R400 million ($23.5 million). The deal includes R300 million in cash upfront and R100 million in performance-based earn-outs.
Breaking: Lesaka completes acquisition of Adumo for $96 million
Lesaka Technologies completed the acquisition of Adumo for $96 million. The acquisition includes $13 million in cash and a stock component.
NASDAQ-listed Lesaka will finalise $85 million Adumo acquisition in October
Lesaka Technologies to finalize $85 million acquisition of Adumo in October 2024. Acquisition approved by shareholders and South Africa’s Competition Commission.
