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Ugandan fintech Asaak acquires FlexClub Mexico as it expands to Latin America

Asaak joins Nigeria’s Paga as one of the few African tech companies to expand to Latin America. Founded in 2016, Asaak offered motorcycle and smartphone loans to Ugandans individually and through partners like SafeBoda. It has now acquired FlexClub’s Mexican business on “friendly terms” as it pursues a growth strategy outside Uganda (and Africa). After…

The post Ugandan fintech Asaak acquires FlexClub Mexico as it expands to Latin America appeared first on Content Krush.

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