The Johannesburg payments company has spent $80m acquiring competitors. Six months of data show why buying scale in African fintech doesn't guarantee profitability.
The Johannesburg payments company has spent $80m acquiring competitors. Six months of data show why buying scale in African fintech doesn't guarantee profitability.
In 2025, African tech reached a tipping point. For the first time, debt financing across the continent’s startup ecosystem surpassed the $1 billion mark.
