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Basata and Jordan Kuwait Bank acquire 27.1 stake in MadfoatCom

Basata and Jordan Kuwait Bank have successfully concluded a deal with several of MadfoatComs shareholders to acquire a stake in Amman-based MadfoatCom following joint efforts. This acquisition underscores Basatas commitment to expanding its expertise and innovative digital payment solutions into new markets.

Posted by Hicham ALAOUI RIZQ on 2024, Sep 04

Introduction

Basata and Jordan Kuwait Bank have successfully concluded a deal with several of MadfoatComs shareholders to acquire a stake in Amman-based MadfoatCom following joint efforts. This acquisition underscores Basatas commitment to expanding its expertise and innovative digital payment solutions into new markets.

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