Adumo
Smart payment solutions to large multinational and independent retailers as well as entrepreneurs and informal traders
Location: South Africa
Website: https://adumo.com/
Sector: Fintech
Funding Stage: Series B, Venture Round, M&A, M&A,
Total Funding ($m): 207
# of Founders: 2
Founding Year: 2009
Funding Year: 2022
| Year | Amount | Stage | Investors |
|---|---|---|---|
| 2021 | $15m | Series B | IFC |
| 2022 | $11m | Venture Round | Apis Partners, Crossfin, IFC, Investec Private Capital |
| 2024 | $85m | M&A | Lesaka Technologies |
| 2024 | $96m | M&A | Lesaka Technologies |
Series B $15m
IFCVenture Round $11m
Apis Partners, Crossfin, IFC, Investec Private CapitalM&A $85m
Lesaka TechnologiesM&A $96m
Lesaka TechnologiesNews
https://techpoint.africa/2024/10/03/lesaka-completes-adumos-acquisition/