Snapshot from Aug 14, 2026 at 07:00 UTC. For live data and tracking: View Live
Events / Business / Zedcrest acquires Leatherback fintech
Business acquisition

Zedcrest acquires Leatherback fintech

Analysis based on 6 articles · First reported Jul 27, 2026 · Last updated Jul 29, 2026

Sentiment
40
Attention
2
Articles
6
Market Impact
General
Live prominence charts, article sentiment distribution, and event development timeline available on the Ergen Dashboard
Market Impact

The acquisition consolidates Zedcrest's position in Africa's growing fintech and cross-border payments market, potentially increasing its valuation and market share. Leatherback gains institutional backing for expansion, which may enhance its competitive edge and customer trust.

financial services fintech cross-border payments
Event Summary

Zedcrest Group, a Nigerian financial services group, has completed the acquisition of Leatherback, a UK-founded global payments and financial technology company. The acquisition follows Zedcrest's initial investment in Leatherback in 2021 and is part of Zedcrest's strategy to build a globally connected financial services ecosystem. Leatherback will retain its London headquarters and management team, operating as an independent subsidiary. The deal strengthens Zedcrest's capabilities in cross-border payments and fintech, and supports Leatherback's expansion into new markets including Nigeria, Canada, and Kenya. Financial terms were not disclosed.

Key Actions
30 Zedcrest Group acquired Leatherback sea turtle
20 Zedcrest Group acquired RMB Nigeria Stockbrokers
20 Leatherback sea turtle opened hub
Entities Involved
priv
Zedcrest Group
Acquirer; strengthens its fintech and cross-border payment capabilities, advancing its integrated financial services ecosystem.
Importance 100.0 Sentiment 60.0
priv
Leatherback sea turtle
Acquired entity; gains institutional support and capital for expansion while retaining operational independence.
Importance 100.0 Sentiment 70.0
per
Adedayo Amzat
Group Managing Director of Zedcrest; commented on the strategic importance of the acquisition.
Importance 40.0 Sentiment 50.0
per
Ochebhoya Ekpete
CEO of Leatherback; will continue leading the company post-acquisition.
Importance 40.0 Sentiment 50.0
cnt
Nigeria
Leatherback's West African hub is in Nigeria; the deal strengthens Nigeria's fintech ecosystem.
Importance 30.0 Sentiment 40.0
per
Ibrahim Toyeeb Ibitade
Founder of Leatherback; the acquisition builds on his founding vision.
Importance 20.0 Sentiment 40.0
cnt
United Kingdom
Leatherback is UK-founded and retains its London headquarters.
Importance 20.0 Sentiment 30.0
cnt
Canada
Leatherback plans to open a North American hub in Canada.
Importance 15.0 Sentiment 30.0
cnt
Kenya
Leatherback plans to open an East African hub in Kenya.
Importance 15.0 Sentiment 30.0
priv
RMB Nigeria Stockbrokers
Previously acquired by Zedcrest in 2024; part of Zedcrest's broader expansion strategy.
Importance 10.0 Sentiment 20.0
Relationships
Nigeria related ↔ United Kingdom
Nigeria related ↔ Canada
Nigeria related ↔ Kenya
United Kingdom related ↔ Canada
United Kingdom related ↔ Kenya
Canada related ↔ Kenya
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