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First Ally Capital Acquires 60% Controlling Stake in Migo Nigeria, Signaling a New Era in Fintech Integration - Innovation Village | Technology, Product Reviews, Business
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First Ally Capital Acquires 60% Controlling Stake in Migo Nigeria, Signaling a New Era in Fintech Integration - Innovation Village | Technology, Product Reviews, Business
First Ally Capital Limited has acquired a 60% controlling equity stake in Migo Nigeria, a digital credit platform formerly known as Mines.io. This strategic acquisition marks a significant development in the Nigerian fintech space, as it reflects a growing trend of deeper collaboration between traditional financial institutions and technology-driven lending platforms. Migo, once a high-profile, venture-backed startup operating across Nigeria and…
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