South African Fintech Adumo Secures R225 Million from International Finance Corp., IFC Financial Growth Fund
South Africa based Fintech group Adumo has secured R225 million (appr. $14.9 million) in capital from the International Finance Corporation (IFC), which is a member of the World Bank Group. The IFC Financial Institutions Growth Fund also contributed investments in order to expand access to… Read More
Read more in: Fintech, General News | Tagged adumo, africa, cashless, cashless society, cashless transactions, digital payments, digital transactions, financial inclusion, financially underserved, mena, mena region, middle east, payments, south africa, Unbanked, underbanked, virtual payments
