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FairMoney Ranked Among Fastest Growing Companies in Africa by Financial Times techcabal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from techcabal.com Daily Mail and Mail on Sunday newspapers.
FairMoney, a digital bank based in Lagos and headquartered in Paris, is in discussions to acquire Umba, a credit-led digital bank providing payroll and financial services to customers in Nigeria and Kenya, in a $20 million all-stock deal, sources tell TechCrunch. But it also underscores the challenges facing fintechs in Africa amid a challenging market for startups globally: a $20 million all-share deal would be roughly equivalent to the amount Umba raised from outside investors. ....
MYCREDIT INVESTMENTS LIMITED ("FAIRMONEY") MAINTAINS INVESTMENT GRADE CREDIT RATINGS FROM GCR, SUCCESSFULLY REDEEMS N4.8BN TO PRIVATE NOTE INVESTORS techcabal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from techcabal.com Daily Mail and Mail on Sunday newspapers.
Top 10 Nigerian startups by funds raised in YtD 2023 nairametrics.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nairametrics.com Daily Mail and Mail on Sunday newspapers.