South Africa's Stitch acquires Exipay, rebranding it into "Stitch In-Person Payments"
- Stitch acquires Exipay to enter the in-person payments market.
- The platform is rebranded as 'Stitch In-Person Payments.'
- Stitch aims to provide comprehensive financial services to major corporations.
Stitch's acquisition of Exipay is a strategic move that not only enhances its service offerings but also addresses critical gaps in the African payment landscape. This could lead to increased competition and innovation in the fintech sector, ultimately benefiting consumers and businesses alike. Further discussion could focus on how this acquisition will impact smaller players in the market and the overall financial inclusion in Africa.
