The newly formed entity resulting from the merger of Flash and Shop2Shop, aimed at serving the informal market.
Pepkor Plans Flash–Shop2Shop Merger and Future Fintech Listing
Pepkor Holdings is merging its fintech subsidiary Flash with Shop2Shop. The new entity will be called FintechCo, with Pepkor holding a 57.1% interest.
Pepkor Strengthens Informal Economy Strategy with R21.3 Billion Fintech Deal
Pepkor Holdings is merging its fintech subsidiary Flash with Shop2Shop to form FintechCo. The merger is valued at approximately R21.3 billion and will allow Pepkor to hold a 57.1% stake.
