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Striata concludes BEE equity deal

Monday 4 July 2011 15:25 CET | News

US email bill presentment and payment company Striata has concluded an agreement with First Republic Technologies, a South African Black Economic Empowerment (BEE) equity partner.

Under the terms of the deal, First Republic Technologies is expected to purchase a 25,1 percent shareholding in Striata’s South Africa division. Striata is a global provider of software and services in the electronic messaging space

In recent news , Striata has inked a contract with South African bill platform and payments provider POCiT in a bid to provide the option of a bill payment process for the South African market using mobile phone payment technology.


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Keywords: Striata, Black Economic Empowerment, First Republic Technologies
Categories: Banking & Fintech
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Countries: World
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Banking & Fintech






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