Adumo

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International Finance Corporation and IFC Financial Institutions Growth Fund invest R225m in SA fintech Adumo to expand digital payment solutions in Africa

  • Posted by admin
  • On March 9, 2021
  • 0
South African fintech group Adumo today announced R225 million ($15 million) in new funding from IFC, a member of the World Bank Group, and the IFC Financial Institutions Growth Fund to expand access to electronic payment solutions, especially for underserved small and medium-sized businesses. IFC’s investments will support Adumo to make digital payments systems more […]
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Adumo buys point-of-sale company Gaap

  • Posted by admin
  • On December 1, 2020
  • 0
Paul Kent, CEO at Adumo, says: “This acquisition will strengthen our relationship with GAAP as we work together to introduce innovative fintech products to restaurants at a critical time. The impact of the pandemic and lockdowns has pushed many restaurants to the brink. Together with GAAP, we will develop and introduce fintech solutions to restaurants in an effort to help them survive and thrive amid challenging conditions.”
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