No ad to show here.

From startup to fintech empire: WiGroup sells stake to Investec for ‘R400m’

It’s not often in the entrepreneur world that you hear of investments from banks, but here is one such story involving a very successful South African company that has rapidly grown from startup into a sophisticated, multi-million rand, 90-person-string fintech success story.

In August this year, Investec Asset Management bought a “significant” stake in South Africa’s mobile transaction company WiGroup, in a deal which is believed by the industry to be worth just under a whopping R400-million.

No ad to show here.

Read more on Ventureburn.

No ad to show here.

More

News

Sign up to our newsletter to get the latest in digital insights. sign up

Welcome to Memeburn

Sign up to our newsletter to get the latest in digital insights.

Exit mobile version