A financial services group that invests in fintech companies to drive innovation in the sector.
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 ikhokha for $93.3 million in an all cash deal
Nedbank acquired iKhokha for R1.65 billion (USD 93.3 million) in an all-cash deal. iKhokha will retain its brand and leadership under a management lock-in.
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.
Lesaka Acquires South African Fintech Firm Adumo for $85.9 Million
Adumo, South Africa's largest independent payments processor, has been acquired by Lesaka for ZAR1.59 billion (US$85.9 million). Adumo has been on an acquisition spree, purchasing SwitchPay, WireCard, GAAP, SureSwipe, iKhokha, and other smaller payment startups.
South African Fintech Company Adumo Acquired By Lesaka In USD 85.9 M Deal
South African fintech company Adumo has been acquired by counterpart Lesaka in a deal worth USD 85.9 million. The acquisition price will be settled through the combination of stock issuance and cash.
