Widebase has increased its shareholding in Dolla Financial Services by an additional 7%, bringing its total stake to 21%.
The disclosure was made in a statement to the Jamaica Stock Exchange on Friday.
Widebase is a wholly owned subsidiary of Mayberry Group.
The company added that it plans to seek approval from the Bank of Jamaica to hold 20% or more of dollar in line with regulatory requirements for micro credit institutions.
Dolla is a key player in the local micro finance sector.
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