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.
Samuel Mungadze
2:30
Kazang Pay introduces a card acquiring service in Zambia
The company plans to have the majority of merchants in Zambia accept card payments within the next six months.
2:00
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.
2:20
Fintech Lesaka acquires Heineken’s data analytics company
The deal will give the fintech access to a network of over point-of-sale devices and data from within South Africa’s tavern ecosystem.