Elumelu-backed Redtech mulls $100m cash raise, transactions hit N30tr
A Nigerian financial-technology company backed by Nigerian businessman, Mr Tony Elumelu, Redtech Limited, is planning to raise about $100 million cash in the next two years to expand its footprints across Africa. This comes as it announced processing N30 trillion ($20.6 billion) in total transactions over the 2025 financial year, over 100 per cent more…