Crossfin Technology Holdings, one of the first investors in South African-based mobile rewards software company wiGroup, has exited as a shareholder after a successful 12-year partnership.

The exit is part of a transaction whereby wiGroup and Yoyo, a UK-based marketing, payments and loyalty company, joined forces to create a global loyalty company under the Yoyo brand. The new Yoyo will service existing and new clients through its combined operations in the UK, Europe, Africa and Austr...