Payment processor Adumo acquires fintech company SwitchPay

SOUTH AFRICA – SwitchPay, a South African business providing alternative payments options to merchants and retailers, has been acquired by Adumo, one of South Africa’s largest independent payment processors, for an unknown sum. The investment comes at a time when consumer interest in new payment choices is at an all-time high, according to Adumo CEO Paul Kent. “We are proud…

Read More