Fintech and payments provider Adumo has partnered with TymeBank to extend the newly-launched MoreTyme payment offering to small and medium enterprises in South Africa.
22 November 2021
The early stages of the pandemic were marked by a sudden shift away from cash purchases as consumers sought to limit their exposure to items that were seen as unclean.
26 October 2021
African fintech holding company Crossfin Technology Holdings (Pty) Ltd (Crossfin) has announced the conclusion of an agreement in terms of which company Adumo (RF) (Pty) Ltd (Adumo) will acquire Wirecard Solutions South Africa (Pty) Ltd (Wirecard SA) for an undisclosed amount.
9 September 2021
South African fintech group Adumo today announced R225 million ($15 million) in new funding from IFC, a member of the World Bank Group, and the IFC Financial Institutions Growth Fund to expand access to electronic payment solutions, especially for underserved small and medium-sized businesses.
9 September 2021
South African fintech company Adumo has announced its acquisition of point-of-sale company GAAP for an undisclosed amount. The deal is subject to approval by the Competition Commission.
9 September 2021