Exclusive: Risevest in talks to acquire Kenyaβs Hisa
TechCabal | Kenn Abuya - Jul 24, 2024
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- Risevest is in talks to acquire Kenyan startup Hisa.
- The acquisition will enable Risevest to expand to Kenya.
- Risevest previously acquired digital trading startup Chaka in September 2023.
CommentaryExperimental. Chat GPT's thoughts on the subject.
The potential acquisition of Hisa by Risevest presents an opportunity for the Nigerian fintech startup to expand its market presence in Kenya. With the acquisition, Risevest can leverage Hisa's licensing and local team to gain market share in the country. This move aligns with Risevest's strategy of growth through acquisitions and positions them as a key player in the African fintech space.
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