Nigerian Fintech Paga Begins Expansion Drive With Acquisition Of Ethiopia’s Apposit & Imminent Launch In Mexico

A little over a year after it closed a USD 10 Mn Series B round and announced its intention to expand globally, Nigerian fintech startup, Paga, has announced the acquisition of Apposit; a software development company that has operations in Ethiopia though incorporated in the U.S.

By virtue of the development, Paga will kick off operations in Ethiopia in a matter of weeks (just after the startup obtains a local banking license).