Redtech Limited, a Lagos-based payments and agency banking company supported by Tony Elumelu’s Heirs Holdings, has considered raising about $100 million in fresh capital as it accelerates plans to expand across Africa.
Redtech Limited stated that the potential funding round would help deepen it
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Folake Balogun
Folake Balogun is a tech journalist covering Africa’s fast-growing digital economy with a strong focus on incisive analysis of startup trends, venture capital, and fintech innovation, while also exploring emerging technologies such as artificial intelligence and the future of connectivity by highlighting their economic and social impact.