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Discover all the Company news on Umba and other articles related to Umba in The Paypers News, Reports, and insights on the payments and fintech industry:

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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

Nigerian digital bank Umba starts operations in Kenya

News | Online & Mobile Banking | 13 Feb 2023

Nigeria-based digital bank Umba has announced it now operates in Kenya as it begins to expand across the continent.

digital banking, digitalisation, expansion, mobile banking, payments

Digital bank Umba acquires majority stake in Daraja

News | Payments General | 02 Aug 2022

Umba, a Nigeria-based digital bank, has acquired a 66.6% stake in Daraja, a Kenya-based microfinance outfit, as it aims to expand its presence on the continent.

banks, acquisition, merger, digital banking, digitalisation