Nedbank announced on Thursday, August 14, the acquisition of South African fintech iKhokha for 1.65 billion rand (USD 87.5 million) in an all-cash transaction, subject to regulatory approval and expected in the coming months. Founded in 2012 in Durban by Matt Putman, Ramsay Daly, and Clive Putman, iKhokha develops mobile payment solutions and business management…...
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South Africa: Nedbank acquires fintech iKhokha for USD 87.5 million
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Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, give meaning to statistics….
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