Nedbank has acquired Durban-based payments fintech iKhokha in an all-cash deal valued at R1.65 billion. This acquisition is a significant move for Nedbank, as it looks to strengthen its support for small and medium-sized enterprises (SMEs) in South Africa. Read: Bandwidth Blog & Smile 90.4FM Tech Tuesday: iPad Pro and VR? “The acquisition is a…
Dion Millson, Elerian AI founder and CEO. Connect, which positions itself as an international leader in technology-enabled customer experience (CX), has acquired Elerian AI, a specialist in conversational AI-optimised contact centres. This acquisition uniquely positions Connect to provide digital assistants that provide natural, frictionless caller experiences, which allow its customers to scale their contact centres…
SecurityBridge, the leading SAP security software provider, acquires MFA and SSO software company CyberSafe. SecurityBridge, the creator of the Cybersecurity Command Center for SAP, today announced the acquisition of CyberSafe, a UK-based pioneer in multi-factor authentication (MFA) and single sign-on (SSO) solutions for SAP users. The acquisition marks a significant milestone in SAP security innovation,…
Cape Town-based fintech Stitch has announced its second major acquisition this year, coming less than three months after securing a R1-billion fundraising round. The company, which emerged from stealth in February 2021, has now raised a total of US$107 million in funding, including its recent Series B round of $55 million. Read: Bandwidth Blog &…
