London based Finafrik acquires minority stake in Cameroonian fintech Maviance

CAMEROON – Finafrik Ltd, a private company based in London that specializes in the development of commercial software, has become a shareholder of Maviance PLC, a Cameroonian fintech that controls the digital payments platform Smobilpay. Maviance’s capital has increased to 1.15 billion FCFA (US$1.9m) as a result of this activity which is an increase of just over 140 million FCFA.…

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