Dealpartners Insight - Analysis and report on merger and acquisition deals across Africa

FinTech M&A: Rank Acquires Ajomoney and Zazzau MFB for Regulatory Expansion

As a strategy for market expansion, Rank formerly Moni is looking beyond lending, but to deepen its cultural non-informal system by digitizing Africa traditional community savings of thrift contribution and thus the acquisition of Ajomoney and zazzau microfinance bank for regulatory basis to accept deposits, connect to NIBBS to become positioned as a finance service provider.

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