Asaak, a trailblazing fintech firm from Uganda, has reached a significant milestone with its acquisition of FlexClub Mexico, extending its operations across two continents. Details of the transaction were not revealed but the acquisition was confirmed by both parties. This strategic move signifies Asaak’s entry into the Latin American market and underscores its dedication to revolutionizing financial solutions for mobility workers globally. Having achieved profitability in Uganda, Asaak’s acquisition of FlexClub Mexico represents a strategic long-term investment, marking a significant stride in promoting affordable financing across emerging markets. This deal enables Asaak to expand its innovative credit ecosystem, joining forces…
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