South African payments gateways service Ozow, which makes online transactions simpler, raises a $48M Series B led by Tencent (Tage Kene-Okafor/TechCrunch)


Taj Ken-Okafor / Take Crunch:

South African payment gateway service Ozow, which makes online transactions simpler, raises $48 million Series B led by TencentAccording to a 2019 Deloitte report, about 80% of South Africans own a bank account, but only 24% make more than three transactions per month.

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