Waha Capital exits Optasia, its most significant departure

Waha Capital, a leading investment management company, announced on Tuesday the completion of its subsidiary Waha VAS Limited's divestment from Optasia, an AI fintech company. This comes after Optasia's highly successful listing on the Johannesburg Stock Exchange (JSE).

- Hind Aldah [e-mail]

The Abu Dhabi-listed investment company first acquired a stake in Optasia in 2017, and over the years transformed from a regional fintech innovator into a global leader in AI-driven financial services. It has enabled digital credit and microfinance access across as many as 38 countries.

Mohamed Al Nowais, Managing Director of Waha Capital, said that this exit underscores the company's commitment to delivering strong returns to shareholders and redeploying that capital into high-impact opportunities. "The investment reflects our ability to identify and support transformative businesses that create meaningful impact and longterm value," he said.