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Aluma Capital (Pty) Ltd is a registered Financial Services Provider (FSP 46449) in terms of The Financial Advisory and Intermediary Services Act (37 of 2002)
September 4, 2024
September 4, 2024

Aluma Expands Its Horizons with XAGO

Aluma Capital’s Private Equity team is pleased to announce its latest investment, a strategic acquisition of a stake in XAGO Technologies.
Xago Financial Institution | Aluma Capital (Pty) Ltd

XAGO is a cryptocurrency exchange that primarily facilitates faster and safer money transfers globally.

As a prominent leader in the crypto intermediary sector, XAGO’s addition represents a significant step forward for Aluma’s global private equity portfolio and strengthens our position in the financial technology sector.

XAGO Technologies is renowned for its innovative role as an intermediary, facilitating seamless transactions between users and the blockchain network. By becoming a shareholder in XAGO, Aluma Capital aims to not only extend our global footprint, but also enhance our capabilities in delivering comprehensive financial solutions that cater to the evolving needs of our investors.

Jürgen Kuhnel, CEO of XAGO Technologies, expressed his enthusiasm about the partnership: “We are excited by Aluma’s recent investment in XAGO Technologies. This partnership is a strong endorsement of our services and highlights their belief in our vision to expand globally. We are excited about the value and expertise that Aluma brings to our team and look forward to leveraging their support to drive our mutual success.

Orse Pesev, director at Aluma Capital, shared his excitement about the collaboration: “We are thrilled to welcome XAGO into the Aluma family. This acquisition is more than just a strategic move – it is an opportunity to integrate XAGO’s advanced technology and industry-leading solutions into our operations. We are confident this partnership will drive significant growth and innovation while delivering exceptional value to our clients. This marks yet another landmark achievement in our private equity portfolio, and we look forward to the significant developments it will bring to our services for our clients.

XAGO is distinguished by its ability to facilitate seamless global money movement and provide a range of innovative financial products. Their platform is designed to improve transaction efficiency and stability, leveraging advanced technologies to meet the needs of both businesses and individuals.

This acquisition signifies a pivotal moment for both Aluma Capital and XAGO, setting the foundation for a dynamic and prosperous collaboration. We are excited about the future and the prospects of this strategic partnership, which promises to deliver enhanced value to our clients and stakeholders.

For more information about XAGO’s offerings, visit their website at www.xago.io or contact Jurgen Kuhnel at jurgen@xago.io or +27 60 988 3968.


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