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eTranzact Changes Hands at 56%

2 entriesWed, Oct 14 – Thu, Oct 15Fintech & Payments

Timeline

  1. Thu, Oct 15LatestUnverified — not yet reviewed

    Trademarks Global Concepts Acquires 56% Majority Stake in Nigerian Payments Firm eTranzact

    Trademarks Global Concepts has been identified as the new majority owner of Nigerian payment company eTranzact following its acquisition of a 56 percent controlling stake, triggering a board reshuffle. Questions over the acquirer's background and its strategic intentions for the payments platform are being raised by market observers.

  2. Wed, Oct 14Unverified — not yet reviewed

    eTranzact Board Restructured as Trademarks Acquires 56% Controlling Stake

    Trademarks has acquired a 56 percent controlling stake in Nigerian payment company eTranzact, triggering a board reshuffle following the ownership transition. The deal marks a notable consolidation move in Nigeria's payments sector.