Accelerex Holdings Secures $20m Investment from ACA
Accelerex Holdings, Mauritius has announced the signing of an investment agreement with regional private equity firm, Africa Capital Alliance for the Capital Alliance Private Equity IV fund to invest $20 million in Accelerex. Commenting on the ACA investment, Tunde Ogungbade, CEO of Global Accelerex, said; "I am very excited by the ACA investment. In our quest for the right investment and strategic partner, we were looking for a company that shares our vision to empower businesses in Sub-Saharan Africa to exceed all their customers' payment expectations. This partnership will help Accelerex to aggressively expand into Africa and accelerate product development. I see our vision becoming a reality with this move".