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Network International completes acquisition of DPO for USD 291 miln

Thursday 30 September 2021 | 10:51 CET | News
Network International has announced the completion of its acquisition of DPO Group, an online payments platform trading in Africa, for a total consideration of USD 291.3 million. The purchase of DPO marks a milestone in Network's growth strategy and will create scale for its online payments business. Network International's medium-term revenue outlook is for 20 percent plus per annum, ahead of prior low-mid teens guidance.

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Categories: Internet / Mobile & Wireless
Companies: Network International
Countries: Africa
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