👨🏿🚀TechCabal Daily – Signed, sealed, remitted
In today's edition: Raenest acquires Remitise || South Africa mulls plans for nuclear comeback|| Dangote Cement abandons London listing || Vodacom eyes satellite-to-phone service
TechCabal reports on the acquisition of UK remittance company Remitise by Nigerian fintech Raenest. Raenest, which offers multi-currency accounts and international payment services, brings an existing regulatory presence in the UK through its acquisition of Remitise, a payments company registered with the Financial Conduct Authority (FCA). This deal allows Raenest to expand its cross-border financial services and potentially take over more of its UK operations instead of relying on external providers.
Written by urgent.news from TechCabal's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
