Twig Group Acquires Mobile Phone Re-Commerce Player Mobi Market in Deal Valued at GPB 8m.

MANews-(C)2009-2022

London-based fintech Twig Group has acquired UK-based mobile phone re-commerce player Mobi Market, in a deal valued at over GBP 8m (USD 10m), the company said.

Twig Group acquired Mobi Market to strengthen its position in the circular economy.

Through the acquisition of Mobi Market, Twig Group will augment its ability to service its customer base with yet another circular economy proposition, further boosting its credentials with its core customer base, consisting mainly of Gen Z and Millennials.

Twig Group were advised by Devonshires...

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