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SA Billionaire Patrice Motsepe’s African Rainbow Now Eyes Fintech Investments

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African Rainbow Capital Investments Ltd. Majority owned by SA Billionaire Patrice Motsepe is planning to expand its portfolio and has entered negotiations to add a fintech conglomerate to the group.

The firm, controlled by South African billionaire Patrice Motsepe through his Ubuntu-Botho Investments company, already owns branchless TymeBank and telecommunications business Rain, along with more diverse holdings spanning almost 50 companies.

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