Skip to main content

Market Overview

Accenture Ventures Invests In Nigerian Fintech Company Okra

Share:
Accenture Ventures Invests In Nigerian Fintech Company Okra
  • Accenture PLC (NYSE: ACNinvested in Nigeria’s fintech company, Okra, via Accenture Ventures. The financial terms of the transaction were not disclosed.
  • Okra is an open finance platform that helped developers and businesses to build customized digital services and fintech products.
  • Okra had the potential to address critical challenges in Africa, Accenture Ventures MD Tom Lounibos said.
  • Gaining access to Accenture’s global banking experts, clients, and technology ecosystem partners through Project Spotlight will contribute greatly to the success and growth of Okra’s business, Okra CEO Fara Ashiru Jituboh said.
  • Accenture’s held $9.2 billion in cash and equivalents as of Feb. 28, 2021.
  • Price action: ACN stock is trading higher by 0.52% at $290.1 on the last check Wednesday.
 

Related Articles (ACN)

View Comments and Join the Discussion!

Posted-In: BriefsM&A News Tech Media

Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
SPAC
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com