SA Fintech Group Adumo acquires payments startup SwitchPay

One of South Africa’s largest independent payment processors, Adumo, today announced it has acquired SwitchPay, a South African startup providing alternative payment services to merchants and retailers, for an undisclosed amount. According to Adumo CEO Paul Kent, the investment comes at a time when consumer interest in new payment options is at an all-time high. … Continue reading SA Fintech Group Adumo acquires payments startup SwitchPay