South Africa-based Ethos Private Equity invested $50m in Channel VAS, the leading Mobile Financial and data analytics firm. The investment gave Ethos a 20% stake in the company. “We are excited to welcome Ethos on board as we continue our journey forward in this fast-moving Fintech world” stated Mr. Bassim Haidar, Channel VAS founder & CEO. “As Channel VAS has been at the forefront of the Fintech revolution through Mobile Finance from its very beginning, working together with visionary investors such as Ethos will help us continue to expand our already massive geographical footprint at an even faster pace, bringing financial inclusion to more unbanked and underserved people globally through our innovative services.”