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Nedbank buys iKhokha in R1.65bn deal to boost SME services
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Nedbank buys iKhokha in R1.65bn deal to boost SME services

eriinfo.com3 weeks ago03 mins

Nedbank has agreed to acquire Durban-based fintech iKhokha for R1.65bn in an all-cash deal. The transaction, which is subject to regulatory approval, is expected to be finalised in the coming months. According to a statement cited in a MyBroadband report, the bank said the acquisition will allow it to merge iKhokha’s payment technology with Nedbank’s…

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