Announced
Financials
Tags
United Kingdom
Majority
fintech
FinTech
Acquisition
Private
fintech company
Friendly
Pending
Private Equity
Single Bidder
Synopsis
EMEA Capital along with Duet Private Equity has made a major investment in Moneybaba, a London-based fintech company that specializes in Latin American and African emerging markets. Financial terms were not disclosed. The financial backing received from EMEA Capital and Duet Group would help Moneybaba achieve its global expansion goals. The investment will be used to launch the service in new countries, particularly across the African continent, and to bolster the company's balance sheet. "The efforts of fintech companies like Moneybaba are crucial to helping people in emerging markets achieve financial freedom through the use of technology." Osman Semerci, EMEA Capital's CEO.
Search a database of more than 250,000 verified dealmakers
Receive automated updates on global transactions
Follow the activity, relationships and transactions of top dealmakers
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.