Bitmama In Acquisition Talks With African Fintech Company Payday

According to Foresight News, Nigerian blockchain payment startup Bitmama is in acquisition talks with African fintech company Payday. Bitmama has reportedly offered PayDay investors $1 million worth of equity, valuing the company at $30 million. The acquisition negotiations between Bitmama and Payday aim to strengthen their position in the African fintech market. The deal, if successful, could lead to further growth and expansion for both companies in the region.