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DPO Group CEO Eran Feinstein Announces His Retirement

Editor SharpDaily by Editor SharpDaily
August 23, 2022
in News
Reading Time: 2 mins read
Eran Feinstein

Eran Feinstein. [Photo/ Courtesy]

DPO Group (DPO) co-founder and CEO Eran Feinstein has announced his retirement after helping to build the company from scratch to become one of Africa’s leading payment providers. Last year, Feinstein, alongside co-founder Offer Gat, successfully managed DPO’s sale to Network International, a globally renowned enabler of digital commerce across the Middle East and Africa.

One of Feinstein’s lasting legacies is to have built a company that nurtures African talent, with a focus on recruiting locally and promoting from within that pool. Feinstein said: “I am proud to have played my part in developing the next wave of African tech talent. It has been an incredible journey, from the two-man start-up in 2006 to the leading digital payments success story DPO is today. Having helped build the team that leads the company now, I know I couldn’t be leaving it in better hands.”

Read: Ksh6.2B Linked To Nigeria’s Flutterwave Frozen In Kenya

Nandan Mer, Group Chief Executive Officer, Network International, added: “It has been a pleasure to work with Eran since we acquired DPO last year. The company was a strong strategic fit with our business. The cutting-edge products and services he helped create at DPO will go on to support the needs of local merchants and multinationals alike, across the Middle East and Africa.”

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Brendon Williamson, Network’s Regional Managing Director for Acquiring in South Africa, said: “DPO would not be the company it is today without Eran’s drive and determination. Thanks to his tireless hard work, DPO made a series of smart acquisitions including what was then one of the largest acquisitions by a PSP in 2019 when it bought PayFast in South Africa. I have learned so much from him over the last six years of working together.”

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