Home technology trend FairMoney, the Naija digital bank, dey yarn with Umba to buy dem for $20M wey go be all stock deal – sources talk

FairMoney, the Naija digital bank, dey yarn with Umba to buy dem for $20M wey go be all stock deal – sources talk

by agencydailyasia
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4-5 hook

E fit happen! FairMoney wan buy Umba for $20M!

Dem say di Nigerian digital bank, wey don burst brain well-well for di game, dey yan with Umba to arrange how dem go carry out dis big-money deal. Sources wey sabi inside tori tok sey e go cost FairMoney around $20 million worth of shares make dem fit kolobi Umba join dia family.

No be small matter: FairMoney and Umba dey reason as e suppose be

If dis gbege waka well-well and both parties agree on top everything, e mean sey one of Nigeria’s finest fintech companies go come together with one of di hottest startups from Africa. Dem two get serious potential to shake ground and change di face of banking as we know am today.

The future bright like jollof rice: Wetin this merger fit bring?

If FairMoney kon join bodi with Umba, na beta tory for customers because plenty better things fit land our side. Di combination of dia powers go allow us enjoy even more innovative financial services plus access to loans without wahala. E no bad at all if you ask me!

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We don see roadmaps before: How dis partnership take affect African fintech?

This kind move no be new thing for African fintech space oh! We don see other mergers and acquisitions before wey shake table sotay everybody begin wonder wetin next? If FairMoney knack hand join body with Umba too, e go show sey African fintech don dey ready to take over di world!

Conclusion: E be like say FairMoney and Umba fit become one big family soon

If dis deal happen as dem talk am, we fit expect plenty gbedu from FairMoney and Umba. Dem two get serious potential to change di game for banking and finance for Africa. We go just dey look how things go play out but make we no lie, the future dey bright well-well!

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