UK fintech group Ebury announced it is entering SA via an acquisition, while fashion group Zara has pulled a controversial advert featuring mannequins with missing limbs. Global financial technology group Ebury announced it is acquiring financial services firm Prime Financial Markets, marking its entrance into Africa for the first time. Prime Financial Markets is a Johannesburg-based company offering financial market advice and intermediary services. Its business includes treasury evaluation services, hedge execution services, liquidity and covenant management, as well as treasury policy and risk integration advice. Ebury is an FX and payments specialist, offering financial solutions to help small to medium-sized businesses trade internationally.

Source: News 24 December 13, 2023 09:07 UTC