Zedcrest Acquires Leatherback: Nigerian Fintech Giant Builds Cross-Border Payments Empire

Zedcrest Group has acquired UK-founded cross-border payments startup Leatherback for an undisclosed sum, completing a five-year journey from investor to owner. The Nigerian financial services group — which spans investment banking, asset management, and fintech — first backed Leatherback in its $10 million pre-seed round back in 2021. Now it owns the whole thing. Leatherback will continue operating as an independent subsidiary under its current brand and management team,...