Fintech Lesaka completes $96m Adumo buyout
The transaction was finalised with the issuance of 17,279,803 shares of Lesaka's common stock and a cash payment of $13.4 million, resulting in a total purchase consideration of $96.2 million.
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Lesaka buys payment platform Adumo for $85m
The purchase price will be paid in the form of shares of Lesaka common stock and $12.5 million in cash.
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South Africa’s Adumo leans on US$15m equity investment for expansion
Investment by International Finance Corporation to fund growth of the company.