Sasfin Holdings Limited (Sasfin), Saxo Bank and the management of SCMSA are pleased to announce that Sasfin and the management of SCMSA have agreed to acquire SCMSA from Saxo Bank, subject to the fulfilment of certain conditions precedent. Saxo Bank, headquartered in Copenhagen, Denmark, is a leading multi-asset trading and investment specialist Fintech bank, with clients in more than 170 countries. “Sasfin has been working with Saxo Bank for many years. Saxo Bank makes investing and trading globally accessible to the everyday investor through simple, cost-effective and userfriendly tools. By leveraging our technology and Sasfin’s strong local presence we create a true win-win,” says Kim Fournais, Saxo Bank Chief Executive Officer.

Source: The North Africa Journal April 17, 2018 15:22 UTC