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South African Fintech Startup Leseka Tech Signs Deal to Buy Payments Provider for $86M

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,…

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Fintechs Accounted for Over 30% of Tracked Kenyan Tech Startups in 2022 — Study

As of November 2022, Kenyan fintechs accounted for 30.2% or 93 out of the 308 tracked tech startups, a Disrupt Africa study recently found. In addition, the study findings show…

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Regulation Key to African Fintech Sector Growth — New Study

According to the findings of a study by Afriwise, Kenya, Nigeria, and South Africa have the most developed fintech ecosystems on the continent. The study points to early regulation as…

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