The fintech platform Kredete, which serves diaspora communities and emerging markets, has completed the acquisition of Gravv—an agency stablecoin infrastructure platform. This platform facilitates connections between banks, blockchain networks, and local payment channels to execute real-time global money transfers.
Gravv has already processed over $3 billion annually for more than a thousand businesses in over 100 countries, supported by seven global banking partners. This acquisition allows Kredete to integrate its core money movement infrastructure internally, giving it greater control over the level of interaction between the client and the bank, including stablecoin settlements, multi-currency accounts, currency exchange, liquidity, routing, and transaction reconciliation across global channels.
Furthermore, this acquisition enables Kredete to offer this same infrastructure to banks, fintech companies, platforms, and developers operating in emerging markets.
Kredete was founded in 2022 by Adeola Adedeji with the goal of providing people and businesses in developing regions—whether they are at home or abroad—access to modern and affordable financial tools that reflect their real economic lives. The company uses a unified platform that allows consumers, businesses, and financial institutions to move, convert, store, and settle money globally in real time.
Gravv acts as the stablecoin infrastructure layer underpinning this system. Through a single integration, it connects multi-currency accounts, global payments, card issuance, treasury, banking partners, blockchain networks, and local payout channels. Its agency layer is designed to monitor liquidity, select routes, manage currency exchange and settlements, and reconcile payments in real time, thereby replacing a disparate set of providers that historically complicated the building of global financial infrastructure.
Following the acquisition, Kredete has opened Gravv to new enterprises and developers outside its existing base, inviting any banks, fintech companies, platforms, or developers serving emerging markets to build directly on its infrastructure.
Adeola Adedeji, founder and CEO of Kredete, notes: 'Infrastructure is the moat, and intelligence is the operational layer. Gravv provides Kredete with stablecoin infrastructure and global channels for our consumer and corporate products, and its agency capabilities help manage these channels in real time. Together, we are creating autonomous middleware for global money transfers.'
Hakim Oriola, CTO of Kredete, emphasizes: 'Global payments are not one channel; it is a coordination problem between banks, blockchains, liquidity, compliance, and local payout systems. Gravv unifies these channels into a single infrastructure layer, and its agency capabilities help Kredete route, settle, and reconcile payments in real time.'
Ebuka Arinze, Product Director at Kredete, states: 'We believe the next trillion dollars of global trade will be initiated and processed by AI agents. Having already facilitated millions of transactions for individuals and businesses, we are now building the financial infrastructure that agents will require to participate in the global economy.'
By implementing Gravv's agency intelligence across banking, blockchain, and local payment channels, Kredete asserts that it can route, settle, and reconcile transactions in real time, ensuring faster payments, greater reliability, and better economic conditions for consumers, businesses, and financial institutions.
Kredete is a financial technology platform that helps diaspora communities and emerging markets send money home, save, trade, invest, build credit history, and access stablecoin-based financial products. Founded by Adeola Adedeji in 2022, the company allows users to transfer funds to over 60 countries with low fees, with each transaction contributing to building their credit rating in their country of residence. The total amount raised by the company is $24.75 million, it serves over 6.5 million users, and has processed over $18 billion in annual payment volume.
Gravv is an agency stablecoin infrastructure platform for real-time global money transfers. It provides banks, fintech companies, platforms, and treasury teams with a single integration for multi-currency accounts, payments, currency exchange, liquidity, card issuance, stablecoin settlement, and transaction reconciliation across banking, blockchain, and local payout channels. Gravv is a company of Kredete.
The new regulation serves to reduce excessive bureaucratic obstacles in foreign trade. Currently, the development of entrepreneurship should not be limited only to providing financial opportunities or benefits.
In some cases, the biggest obstacle to business development can be excessive paperwork, repetitive requirements, and time-consuming administrative procedures. Therefore, special attention is being paid in the country in the coming years to simplifying relations between entrepreneurs and the state, reducing excessive demands, and further improving the business environment.
The new Suzuki Across presents an interesting option in the Suzuki SUV lineup. Although the name Across is used on foreign markets for the rebadged Toyota RAV4, the version for South Africa is essentially a renamed model of the Victoris, manufactured in India.
At first glance, this product appears to be an attempt to move the brand into a higher price segment, as it looks quite elegant and more car-like compared to the bulkier Grand Vitara. Despite having the same 2600 mm wheelbase and 210 mm ground clearance as its counterparts, the Across is 15 mm longer. It is also equipped with mild-hybrid technology and replaces the familiar four-speed gearbox with a more modern six-speed automatic transmission.
Nevertheless, it is R9,000 cheaper than the equivalent base GL Grand Vitara, starting from R349,900; however, the richly equipped Across GLX version costs R11,000 more at R464,900. In any case, it continues Suzuki's tradition of producing a reliable product at a very competitive price.
Upon entering the cabin, it looks more modern and premium than previously expected from the brand. It features soft-touch surfaces with stitching on the dashboard and a decent 10.1-inch multimedia touchscreen supporting wireless Apple CarPlay and Android Auto. Furthermore, the Across is fitted with a 10.25-inch digital instrument cluster.
However, it is not overly digitized, as Suzuki has also provided 'piano-style' controls beneath it for basic climate control functions, and there is a real volume knob nearby. That is, in 2026, there is still a real volume adjustment button!
The Across offers usability in the typical Suzuki manner: you sit down and continue your business without many irritating distractions or quirks inherent in many modern cars. The Across has a more modern cabin with digital instruments, a 10.1-inch touchscreen, and physical climate controls.
Practicality presents a mixed picture. The boot seems more spacious than its 347-liter capacity suggests, and the rear legroom is adequate, although there wasn't much room for leg extension behind my usual seating position. However, the headroom in the back was slightly cramped.
The tested GLX model is equipped with numerous features, including synthetic leather seats, a 360-degree camera, a Harman Infinity sound system, 64-color ambient lighting, a panoramic glass roof, and several driver assistance systems such as adaptive cruise control, autonomous emergency braking, and lane keeping assist.
On the road, the car provides a refined experience: it is well-insulated and drives comfortably, and the handling feels safe and neutral. But, unfortunately, the Across is too large and heavy for the engine that powers it. Weighing in at a useless 1200 to 1250 kg, making it slightly heavier than the Grand Vitara, its 76 kW mild-hybrid powertrain and 137 Nm of torque seem to be constantly fighting a losing battle.
The Across offers a comfortable, refined ride, although its 1.5-liter engine can sometimes feel underpowered. While suitable for leisurely city driving, it even struggled climbing a steep suburban hill in my area, and overtaking on rural roads will require patience from the driver of this vehicle.
On the positive side, the six-speed gearbox is a big improvement over the four-speed installed on the Grand Vitara models, and thanks to the wider gear range, it provides a smoother driving experience, requiring less 'searching'.
In conclusion, the Suzuki Across is a stylish, well-made, well-equipped, and refined product, but it needs a more powerful (or turbocharged) engine to gain a competitive edge in this tough compact SUV segment.
Soach Global plans to partially exit the National Stock Exchange of India (NSE) by selling 20% of its stake, which was acquired ten years ago. This partial sale could yield approximately 280–295 crore rupees. The fund will retain the remaining 80% of its shareholding, which was initially purchased in 2016 and has significantly appreciated due to corporate actions.
The offering is a sell-side offering, meaning existing shareholders are realizing their assets, and the NSE itself is not raising new capital. As of September 21, the subscription for the issue reached 5.7 times, and the listing is scheduled for September 24.
Soach's investments began in January 2016 when the fund acquired 1.5 lakh shares of NSE from IFCI for 59.25 crore rupees. Subsequent corporate actions increased the ownership volume to 82.5 lakh shares without additional investment, lowering the adjusted acquisition cost to approximately 71.8 rupees per share.
At the IPO price range, the entire stake is valued at approximately 1,403–1,473 crore rupees, representing about 24–25 times the initial outlay. However, only the partial sale is valued at approximately 4.7–5 times the initial investment.
Anubhav Dayal, founder and director of Soach Global Opportunities Fund, explained the sale, partly citing the expansion of the shareholder base. He noted that 'India is a fast-growing economy with a large young population eager for growth, who quickly absorb the risks and rewards of participating in capital markets.'
Dayal stated that the fund wishes more retail investors to own NSE either directly or through mutual funds. It is reported that the registered investor base of NSE exceeded 13 crore by April 2026, compared to 12 crore in September 2025.
Arguments for retaining the remaining stake are also linked to the breadth of NSE's activities and operational model. Dayal emphasized that 'as a multi-active trading platform, NSE will register revenue growth while operating at constant costs, most of which have already been incurred. It is a high-tech platform that executes trades in nanoseconds.'
NSE began electronic stock trading in 1994 and has since expanded its operations beyond stocks and debt to include equity derivatives, currency, interest rates, and commodities, as well as indices, data, and clearing services.
Nevertheless, there are important industry counterarguments. Although derivatives have become central to the exchange's operations in India, trading has recently come under closer regulatory scrutiny. Reuters reported that the average daily turnover for derivatives stocks fell by 27.1% in July 2026 to 1,70,000 crore rupees, the lowest level since November 2023.
SEBI is also reviewing the closed auction session and the settlement methodology for derivatives following volatility related to end-of-day pricing. Competition and product expansion are developing parallel to these regulatory changes. Competitor BSE is attracting increasing attention as a rival in the derivatives space, while commodity exchange MCX has expanded its range, adding Silver 100 futures in June and Rapeseed oil futures in August.
