FirstRand completed the acquisition of a 20.1% stake in Optasia for $277m.

FirstRand, a provider of a platform for commissioned content and enabling writers completed the acquisition of a 20.1% stake in Optasia, a global fintech company, for $277m. The acquisition aligns with FirstRand’s strategy to expand its footprint in high-growth markets and tap into innovative digital financial solutions. By partnering with Optasia, the bank gains access to a cutting-edge platform designed to enhance financial inclusion and streamline access to credit for underserved populations.