Stek advises ELMA on USD 45M investment in Carepay International

Impact investor ELMA Investments, together with private equity fund IFHA and the Dutch Ministry of Foreign Affairs via PharmAccess Group, has invested USD 45 million in Dutch – African enterprise CarePay International. CarePay offers a fast growing mobile telephone platform in Kenya, Tanzania en Nigeria for healthcare payments between funders, healthcare providers and patients. So far, it has connected over 4 million users and 1200 healthcare providers via the platform. Stek advised ELMA Investments on its participation.

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