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Tag: Jordaans

South African fintech plans significant acquisition of Michael Jordaan’s Bank Zero in $60 million agreement

South African fintech plans significant acquisition of Michael Jordaan's Bank Zero in $60 million agreement

Resaca Technologies Acquires Bank Zero A deal unveiled in July, valued at around $60 million, involves a mix of newly issued Resaca shares and as much as $5 million in cash. Shareholders of Bank Zero are anticipated to own about 12% of Resaca’s shares on a fully diluted basis. As part of the arrangement, Jordaan […]

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