Nedbank has announced plans to acquire payments fintech iKhokha for R1.65 billion ($94.3m), marking one of the bank’s largest fintech investments to date. The deal, which is structured as an all-cash transaction, represents a significant step in Nedbank’s ongoing strategy to strengthen its offering to South Africa’s small and medium-sized enterprise (SME) sector. Ciko Thomas, … Continue reading Nedbank acquires payments fintech iKhokha for $94m