By Cédric T.
Emergent Technology Holdings Ip, a US financial company, is buying up the shares of Ghanaian Interpay Africa, which will have to change its name shortly.
“Africa offers opportunities for growth in e-commerce. The young population is rapidly adopting technological innovation and is demanding more and more goods and services, local and foreign. The landscape of payment companies is growing rapidly. We are delighted to be part of Emergent Technology’s vision of advancing local payment services in the region, “said Saqib Nazir, CEO of Interpay Africa.
Founded in 2017 and headquartered in Santa Clara, California, Emergent Technology Holdings LP owns and operates a blockchain technology platform for the transparency of the gold industry’s supply chain. Its subsidiary Emergent Payments develops payment solutions in more than 55 high-growth countries in Asia, Latin America, the Middle East and Africa.
Kapital Afrik intends to deliver strategic financial information to executives and managers, through a daily newsletter and a website that covers all African finance.