Feb 10, 2025
Cambria Africa to Put US$2m into Payserv to Grow Payment Systems Offerings in Zimbabwe and Zambia
Cambria announced it has executed agreements with a subsidiary of Johannesburg based Nisela Capital (Nisela) relating to the placement of US$ 2 million in convertible debt into its Payserv subsidiary. Half the proceeds of the financing will remain with Payserv, the other half will flow to Cambria. Proceeds of the financing will be used to