A South African fintech company that offers mobile point-of-sale devices and business management tools for SMEs.
Africa’s VC Rebound: $2B+ Funding in First 8 Months of 2025
Disclosed venture funding in Africa topped $2 billion through August, already double last year's pace for the same period. The median deal size has returned to 2022 bubble levels, with over five companies securing rounds of $100 million or more.
South African fintech iKhokha “to run as per normal” after Nedbank’s $93 million acquisition, says CEO
Nedbank agrees to acquire iKhokha for R1.65 billion, marking a significant merger between a traditional bank and a fintech startup. iKhokha will continue to operate independently under its brand, ensuring no disruption to its existing services for SMEs.
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.
