Ethos and ARC in R1.5 billion fintech buyout

Ethos Private Equity and African Rainbow Capital have teamed up to acquire fintech platform Crossfin. The R1.5 billion transactions is one of the largest private equity-led investments in the fintech sector locally. Business Day TV discussed the acquisition in more detail with Edward Pitsi, Managing Partner at Ethos Mid Market Fund and ARC's deal executive, Charmaine Padayachy.