Mukuru - M&A Summary and Business Overview

Financial ServicesCompany

Mukuru M&A Summary

Mukuru has acquired 1 company, including 1 in the last 5 years.

The Company’s most targeted sectors include financial services (100%).

Mukuru Business Overview

Where is Mukuru headquartered?

Mukuru is headquartered in Cape Town, South Africa.

What sector is Mukuru in?

Mukuru is a financial services company.

When was Mukuru founded?

Mukuru was founded in 2004.

M&A Summary

  • M&A Total Activity1
    • M&A Buy Activity1
  • Total Sectors Invested 1
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 1

Mukuru

Remitix Ltd.

Kotzee Rd.,
Cape Town, 7925
South Africa,
+27(0)86 001 8555
www.mukuru.com

Mukuru is a money remittance business that operates a sophisticated technology platform that allows users to send or to receive money in a cost-effective manner. Mukuru is uniquely focused on serving low- and middle-income migrants who typically send money home to their families to cover basic living expenses and who otherwise rely on informal and inconsistent channels such as buses, taxis, friends, and family. Through Mukuru, customers can send money through more reliable channels via bank transfer, cash deposit, credit/debit card, or via a Mukuru Money Card and/or mobile money wallet. Mukuru was founded in 2004 and is based in Cape Town, South Africa.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.2/yr) # - 1 - - - - 1
Sell (0.0/yr) # - - - - - - 0
  1

Most Recent M&A

Company Date Value Type
Zoona Malawi - Operational Assets 2020-05-05 - Divestiture
, Zambia
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Financial Services 1 (100%) - - -
Total 1 - - -

By Geo

State/Country Buy Value Sell Value
Zambia 1 - - -
Total 1 - - -

M&A Connections

Deals
Acquired from
Strategic(s)
100%
1 (100%)

Company Summary

SECTOR

Financial Services

Established

2004

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