Egyptian Fintech Startup Secures $3.5M in Seed Funding Round – Fintech Bitcoin News
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South African Fintech Startup Leseka Tech Signs Deal to Buy Payments Provider for $86M – Fintech Bitcoin News
Lesaka Technologies, a fintech startup based in South Africa, recently signed a deal to acquire Adumo, a payment solutions provider, for nearly $86 million. Under the terms of the agreement, Lesaka Technologies will pay Adumo $12.5 million in cash. The funds will be sourced both internally and from external financiers. Lesaka Technologies to Issue Shares […]
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Breaking: Lesaka to acquire fintech platform Adumo for $85 million
Lesaka is acquiring fintech platform Adumo in a cash and equity deal worth $85 million. The deal will be completed by the third quarter.
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Rowing startup Hydrow acquires a majority stake in Speede Fitness as their CEO steps down
Hydrow, the at-home rowing machine maker, announced Thursday that it has acquired a majority stake in Speede Fitness, the company behind the AI-enabled strength training machine. The rowing startup also announced that CEO and founder Bruce Smith will step down, and President and CFO John Stellato will take over day-to-day operations, per CNBC. Smith is […] © 2024 TechCrunch. All rights reserved. For personal use only.