Sign up with Google
Original Ozow investor wants to cash out
MyBroadband has learned that Kalon Venture Partners, one of Ozow's original investors, is seeking a buyer for its stake in the South African fintech business.
Kalon operates as a Section 12J venture capital company, which affords it certain tax benefits for holding on to investments for at least five years. It invested in Ozow twice: once in a 2017 seed round, and five years ago as Series A funding in 2019.
MyBroadband has learned that Kalon Venture Partners, one of Ozow's original investors, is seeking a buyer for its stake in the South African fintech business.
Kalon operates as a Section 12J venture capital company, which affords it certain tax benefits for holding on to investments for at least five years. It invested in Ozow twice: once in a 2017 seed round, and five years ago as Series A funding in 2019.