Investec Asset Management Invests in wiGroup

Investec Asset Management has acquired a significant shareholding in wiGroup, South Africa’s only interoperable point-of-sale mobile transacting network. Investec Asset Management will partner with wiGroup’s founder management and existing shareholder Capital Eye Investments (CEI) to support the Company’s growth and development both domestically and in new markets outside South Africa. Founded in 2007, wiGroup has

A Playbook for in-Store Mobile Transacting in South Africa

“South African consumers are driving a mobile payment revolution enabled by a slew of innovative home grown technology companies. Local retailers, brands and agencies are leveraging the power of mobile payments in clever ways to unlock new revenue streams and boost customer retention.” So says Bevan Ducasse, CEO of wiGroup, following the release of the