TechMoran.com
Nedbank Group Limited has signed a binding agreement to acquire 100% of South African fintech iKhokha Proprietary Limited for approximately R1.65 billion ($92 million) in cash, marking a major push into the fast-growing SME digital services market. The acquisition, announced on 12 August 2025, is subject to regulatory approval and is expected to close in […]
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Nedbank Buys South African Fintech iKhokha in $92M Deal to Boost SME Services
Ronald Bwire
22:21
Nedbank Group Limited has signed a binding agreement to acquire 100% of South African fintech iKhokha Proprietary Limited for approximately R1.65 billion ($92 million) in cash, marking a major push into the fast-growing SME digital services market. The acquisition, announced on 12 August 2025, is subject to regulatory approval and is expected to close in
