A fintech company in Africa that has implemented employee share ownership plans to enhance talent retention.
GoTyme heats up South Africa’s fintech talent war with employee ownership plan
GoTyme Bank has launched a Long-Term Incentive Programme (LTIP) to deepen employee ownership. The LTIP is designed to align employees with the bank's long-term growth and success.
New South African Payment Group to Advance Payment Digitization in SA
Formation of ASAPP by eight major non-bank digital payment providers in South Africa. ASAPP aims to enhance customer mobility in payment systems.
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.
