Digital payments platform secures a peach of a deal
Peach Payments gets R564m in new funding from UK-based asset manager Apis Partners
04 April 2023 - 18:32
SA digital payments platform Peach Payments has secured more than R564m in new funding from UK-based asset manager Apis Partners, adding to the list of fast growing fintech companies that continue to drive investment interest and dollars to the country’s shores.
The largest capital raises in recent times for local start-ups have been $120m (about R2.14bn) for Jumo, led by Fidelity Management & Research at a $400m valuation; $48m for Ozow, led by China’s Tencent; and $83m for Yoco. All three are fintech firms...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.