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Remgro
Visa snaps up SA mobile financial services company Fundamo for $110m
Visa, the world's largest credit and debit card network, has snapped up South African mobile financial services company Fundamo for $110-million in cash.The Cape Town-based Fundamo is a privately-held company which has more than 50 active mobile financial services deployments across 40 countries, including 27 countries in Africa, Asia and ...Ad network startup secures R15m VC funding for int’l expansion
Cape Town-based online and mobile advertising network Ad Dynamo has announced a second round of funding via venture capital firm Invenfin, the Remgro Group's investment arm.Its CEO, Sean Riley, says the capital will be used to fund Ad Dynamo’s "international expansion programme into key foreign territories". Riley refused ...
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