Infinite Partners acquires South Africa fintech startup e4 for $52.5m
Independent private equity fund manager, Infinite Partners and a consortium of PE firms have acquired South African fintech startup e4 for $52.5m (ZAR1bn).
Source: techmoran.com
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Independent private equity fund manager, Infinite Partners and a consortium of PE firms have acquired South African fintech startup e4 for $52.5m (ZAR1bn).
The transaction will see e4 obtain the necessary capital for advancing to the next stage of its expansion.
Infinite Partners to continue managing Ethos Mid Market Fund I which raised R2.5bn in capital commitments in 2018.