Nedbank to acquire iKhokha for ZAR1.65bn.

Nedbank, a South African bank, agreed to acquire iKhokha, a South African fintech company, for ZAR1.65bn. “We believe that empowering entrepreneurs is essential to building a thriving and inclusive economy. Khokha’s mission and technology align perfectly with our vision for digital transformation in the SME sector. Together, we will unlock new opportunities for growth and financial inclusion in South Africa and potentially abroad," Jason Quinn, Nedbank CEO.