
FirstRand ups stake in AI-led fintech Optasia
The financial institution acquires an additional 6% stake in the fintech firm, bringing its shareholding to 26.1%.
FRIDAY, 27 MARCH 2026, 06:23

The financial institution acquires an additional 6% stake in the fintech firm, bringing its shareholding to 26.1%.

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FirstRand has deepened its bet on AI fintech Optasia, spending R1.48-billion to lift its stake to 26.1%.

Optasia, an AI-powered financial infrastructure platform serving underbanked customers in emerging markets, notes that FirstRand Limited has increased its shareholding in Optasia to 26.1% through the acquisition of an additional 6% stake. FirstRand acquired 74,103,711 ordinary shares in Optasia at ZAR20.00 on 25 March 2026 from an entity owned by Bassim Haidar, founder and non-executive […]

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