Payments and technology company Vantage Africa, trading as VantagePay, has announced that Crossfin Holdings has acquired a meaningful stake for an undisclosed sum. Barry Lobel, VantagePay’s CEO and co-founder, comments: “VantagePay has developed a leading cloud-based payments platform to address…
A decade ago, the founders of Crossfin formed part of a small-cap JSE company that reeled under the financial crisis of 2008; this week, their fintech company received a big nod from Patrice Motsepe's African Rainbow Capital (ARC) and Ethos,…
JOHANNESBURG, Nov 24 (Reuters) - A private equity consortium has bought Crossfin for 1.5 billion rand ($94.8 million), the companies said on Wednesday, saying the deal would give the South African financial technology firm capital to expand. The consortium is lead by…
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