The JSE, Africa's largest exchange, will use the acquisition of a minority stake in UK-based fintech company Globacap Technology to extend its primary capability of capital raising to the SME market and emerging infrastructure projects.
“Private markets have been on the rise in recent years, and through this acquisition which comprises an investment and collaboration we are expanding our offering into the private markets for SME’s and infrastructure,” JSE CEO Leila Fourie says.A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.
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