valU acquires minority stake in fintech Kiwe
- Date: 20-Oct-2022
- Source: Wamda
- Sector:Technology
- Country:Egypt
valU acquires minority stake in fintech Kiwe
Press release:
valU announced on Wednesday its acquisition of a minority stake in local fintech startup Kiwe — the first social payment app that facilitates onboarding the unbanked segment in Egypt.
Currently, EFG Hermes Finance, EFG EV Fintech, dfin Holding, and Marakez are among the firm’s existing shareholders.