Ugandan Fintech Asaak Acquires Flexclub Mexico as It Expands to Latin America
Founded in 2016, Asaak offered motorcycle and smartphone loans to Ugandans individually and through partners like SafeBoda. It has now acquired FlexClub’s Mexican business on “friendly terms” as it pursues a growth strategy outside Uganda (and Africa).
Photo courtesy of Juanedc.
Source: TechCabal (link opens in a new window)
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