Mergence seeks to grow financial services with stake in 2Engage
MD Masimo-a-badimo Magerman plans to lift Mergence’s stake in 2Engage by about 25% by the end of 2020, making it its largest shareholder
20 November 2019 - 16:19
Mergence Group bought a 26% stake in local customer reward start-up 2Engage as part of global expansion plans targeting retail consumers.
Mergence, which started out as an asset manager in 2004, is diversifying revenue away from institutional clients and expanding into commodity finance, investment management and corporate solutions...
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