Behind DNI’s R500-million bet on Mission Mobile

Behind DNI’s R500-million bet on Mission Mobile

Mission Mobile co-founder and CEO Timothy Strike Most of the up to R500-million that investment group DNI has committed to Mission Mobile, a Johannesburg start-up that sells smartphones on repayment terms through mobile operators’ stores, is debt, co-founder and CEO Timothy Strike told TechCentral. The package is “majority debt”, with DNI also taking an equity…

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