The core infrastructure enabling the transaction was provided by Kaleidofin through its “ki” platform.

The Nasdaq-listed South African fintech has quietly added another small enterprise-focused company to its portfolio, paying cash for a fintech business as it continues to widen its offering for large-scale clients.

The Egyptian investment bank is carving out a reputation as the region's most prolific corporate incubator, following last year's blockbuster valU IPO with a listing request for its K‑12 education platform - but a jittery market will test investor appetite.

“Exploring a potential IPO would be a two-step process."