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South African payment firm Net1 to invest $40 mn in MobiKwik

Friday, August 26, 2016 | More »

NASDAQ-listed South African payment solutions and transaction processing company Net 1 UEPS Technologies Inc. has signed a subscription agreement with India’s digital wallet firm MobiKwik. As part of the partnership, Net1 will invest $40 million in MobiKwik, and will integrate its Virtual Card...