Nigeria, March 29 -- Shola Akinlade, co-founder and CEO of Paystack, a leading Nigerian FinTech company, has officially acquired a 55% stake in Aarhus Fremad, a second-division football club in Denmark.

The acquisition, announced on Tuesday, establishes Aarhus Fremad as a sister club to Sporting Lagos FC, a Lagos-based football club in the Nigeria National League founded by Akinlade in 2022.

We expect the collaboration to benefit Aarhus Fremad, a 76-year-old club with a strong community presence, by gaining access to Nigeria's promising football talent pool and broadening its international scope.

Akinlade expressed his enthusiasm for the joint venture, which will power local communities. "I am truly honoured and excited to embark on th...