Artificial intelligence-powered financial-technology firm Optasia plans to raise 6.3 billion rand ($365 million) selling shares in South Africa and use the proceeds to acquire companies as demand for digital finance booms.<\/p>\n
The Dubai-based company founded by Nigeria-born Lebanese entrepreneur Bassim Haidar will raise 1.3 billion rand in an initial public offering in Johannesburg, while the founders will offer 5 billion rand of shares in a private placement. Optasia hired Morgan Stanley<\/a> and Standard Bank Group Ltd.<\/a> to assist with the listing, as well as Investec<\/a> as its bookrunner, according to a regulatory filing on Wednesday. <\/p>\n","protected":false},"excerpt":{"rendered":"Artificial intelligence-powered financial-technology firm Optasia plans to raise 6.3 billion rand ($365 million) selling shares in South Africa…\n","protected":false},"author":2,"featured_media":65221,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[190,365,363,364,2300,52845,1646,40365,25270,220,111,139,69,1466,52844,52843,145],"class_list":["post-65220","post","type-post","status-publish","format-standard","has-post-thumbnail","category-artificial-intelligence","tag-africa","tag-ai","tag-artificial-intelligence","tag-artificialintelligence","tag-asia","tag-bassim-haidar","tag-fintech","tag-ipos","tag-johannesburg","tag-markets","tag-new-zealand","tag-newzealand","tag-nz","tag-south-africa","tag-standard-bank-group-ltd","tag-stock-index","tag-technology"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/65220","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=65220"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/65220\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/65221"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=65220"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=65220"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=65220"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}