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Business: In Ethiopia ArifPay Raises $3.5m, Taxi-hailing Company 'Feres' Launches E-commerce Service Called 'Feresegna' at Tadias Magazine


March 12th, 2021
in Business.
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ArifPay is a mobile point of sale system which will allow ATM cardholders to make electronic transactions via their smartphones. (Shega Media)
Shega
ArifPay Closes A $3.5 M Private Placement Round From 31 Investors
ArifPay ( ArifPay Financial Technologies Share Company ), an upcoming fintech company in Ethiopia, raised $3.5M / 140M ETB from 31 investors in a private placement round. From the total raised capital, the paid capital is $1M while the rest $2.5M is a subscribed capital. Investors are expected to pay the subscribed capital in the period of 2 years.
ArifPay is a mobile point of sale system which will allow ATM cardholders to make electronic transactions via their smartphones. ....

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Detailed text transcripts for TV channel - CNN - 20181203:21:36:00

And he ended up in jail for financial crimes. and the first day he was in jail, the president called the penitentiary, didn t say who he was, just said, i would like to speak to my friend, please, could you put him on. and the switch operator said, i m sorry, sir, inmates cannot take incoming phone calls. and the president, instead of saying, do you know who you re dealing with, said, let me just talk to the warden, would you put him on. so in a very quiet way, said to the warden, i would like to speak to the congressman, would it be possible? and he said, of course, sir. and he was later told that no one else called him the entire time he was in prison. he was sobbing when he told the story and said i will never forget what george bush did for me, because he was my friend even when i was down, not just when i was up. there are so many stories like that, about this president. and, again, i hate to bring up the elephant in the room, but ....

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