TechCrunch
2 months agoNigerian digital bank FairMoney in talks to buy Umba in $20M all-stock deal, sources say | TechCrunch
FairMoney is in discussions to acquire Umba in a $20 million all-stock deal for expanding its customer base in Kenya and beyond.
Acquisition negotiations are in early stages, highlighting the challenges fintechs face in Africa amid the global startup market. [ more ]