Browsing: Paul Kent

Lesaka’s R1.6-billion buyout of payments platform Adumo has been given the green light by regulators.

Lesaka Technologies is buying payments platform Adumo for R1.6-billion in cash and shares, pending approvals.

Promoted | By joining forces, adumo and Retail Capital are expanding their reach to a larger base of businesses.

Over 60% of all transactions in South Africa are conducted in cash, and this increases to as much as 90% in rural areas where both informal retailers and low-income levels prevail