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FairMoney in talks to acquire Umba

News | Online & Mobile Banking | 21 Feb 2024

Nigeria-based digital bank FairMoney has entered discussions to buy Umba, another Nigeria-based digital bank Umba, in a USD 20 million all-stock deal.

acquisition, expansion, digital banking, lending, financing

Nigeria's FairMoney acquires PayForce

News | Online & Mobile Banking | 16 Mar 2023

Nigeria-based credit-led digital banking platform FairMoney has acquired PayForce (sub-brand of YC-backed CrowdForce), a merchant payment services that serves small businesses.

acquisition, digital banking, payments , SMEs