Namibia: Ebank Goes From Retail to Real Banking

FNB Namibia Holdings recently announced the intention to purchase PointBreak Holdings, which includes the EBank solution for financial inclusion and transactional convenience via retailers, and investment management expertise and wealth management via the well known PointBreak team.

While the sale is currently subject to various regulatory approvals with final outcomes due only early next year, individuals from either side of the deal have expressed excitement at the expanded opportunities for both customers and employees of the intended end-to-end financial offering the deal presents.

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