Stitch Acquires Efficacy Payments, Becomes South Africa's First Fintech DCSP
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最新报道：Stitch, a leading African payments infrastructure provider, has acquired South African fintech firm Efficacy Financial Services to expand its digital compliance and payment solutions. The deal strengthens Stitch's capabilities in regulatory technology and payment processing, particularly in the high-growth South African market. Efficacy brings its expertise in digital compliance service provider (DCSP) solutions, which will be integrated into Stitch's existing payment infrastructure. This acquisition marks another strategic move by Stitch to consolidate Africa's fragmented fintech landscape and provide comprehensive financial services across the continent. The terms of the transaction were not disclosed.
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