EMEA Capital and Duet Private Equity to invest in Moneybaba.

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.