Get acquires local fintech start-up Daung Capital

04 February 2020
Get acquires local fintech start-up Daung Capital

Myanmar-based digital commerce platform Get has acquired local lending institution Daung Capital to offer a unified solution to micro-entrepreneurs in the country, techinasia.com reported.

Under the deal, Get will be acquiring all of Daung’s assets, including its employees and business contracts. The merged entity is set to operate under the Get brand, according to a statement.

Financial terms of the deal, which is expected to be completed by February 15, were not disclosed.