Tag: Apis Partners

Apis Growth Fund I, a private equity fund managed by Apis Partners, a UK-based asset manager, will have fully exited its position in South African merchant acquirer Adumo following Adumo’s acquisition by South African FinTech Lesaka Technologies, announced yesterday.

Peach Payments, trading under Baobab Payments GmbH, has successfully closed a funding round amounting to €29m/$30m.

Money View, an Indian FinTech company, has raised $75m in Series E funding, valuing the company at $900m.

Adumo, an independent payments processor, has raised R190m to further enhance its growth and expansion plans across Sub-Saharan Africa.

Tyme, a digital banking group aimed at emerging markets, has closed its Series B funding round on $180m

India-based digital payments app platform Cashfree has reportedly secured $35.3m in its Series B funding round.

PE firm Apis Partners has hit a $550m hard cap for the final close of its second investment fund focused on financial services companies in emerging markets.

India-based Rubique has reportedly picked up $3m for a bridge round of investments, after postponing its Series B round.

Apis Growth Fund I closed at $287m, up from its $250m target and will invest in the growth markets of Africa and South Asia.

East African payments processor Direct Pay Online Group (DPO Group) has received an investment from Apis Partners.