GetBucks Financial Services Limited is a financial technology (“fintech”) company that embraces technology as a means to provide financial products and services to its customers. GetBucks operates from 13 branches located throughout Zimbabwe. The Company is owned 51% by MyBucks S.A (a Frankfurt Stock Exchange listed company) and 31% by Brainworks. The remaining balance is owned by various other shareholders including local pension funds
The court in Luxembourg upheld the bankruptcy application against the firm, which is now considering appeal options.
African fintech platform Finclusion Group has secured $20 million in a funding round led by debt financing provider, Lendable.
The new Malawi-based bank also took Oracle Banking Digital Experience for the front-end.
In this article, Let’s Talk Payments provides insights on the scale of opportunities for financial services companies in Africa.