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): $207M
# of Founders: 2
Founding Year: 2009
Funding Year: 2022
Status: Active
| 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 |
| Paul Kent , Mathew Marsden , , |
Series B $15m
IFC
Venture Round $11m
Apis Partners, Crossfin, IFC, Investec Private Capital
M&A $85m
Lesaka Technologies
M&A $96m
Lesaka Technologies