IFC invests R225m in SA fintech Adumo to expand digital payment solutions in Africa
Johannesburg, South Africa, March 9, 2021–South African fintech group Adumo today announced R225 million ($15 million) in new funding from IFC, a member of…
Global financial services group, Apis, hires a team from Actis
London, March 9th, 2021 – Leading global financial services (“FS”) and Environmental Social Governance Impact (“ESGI”) focused investor group, Apis, today…
Major benefit to South Africa as TymeBank attracts significant foreign investment from global investors
(Johannesburg and London) Leading South African digital bank TymeBank has secured an investment amounting to R1.6 billion, attracting new investors from the UK and…
Apis Partners’ portfolio companies, Direct Pay Online and Greenlight Planet, have been named as Impact Gamechangers 2021 by the UK’s development finance institution, CDC Group
Apis Partners is delighted to announce that two of its portfolio companies have been named by CDC Group as Impact Gamechangers 2021. The local economic development…
Global Financial Services Investor, Apis Growth Fund II, invests US$35m in leading hyper-growth Indian digital payments company, Cashfree
Apis Growth Fund II (the “Fund”), a private equity fund managed by Apis Partners LLP (“Apis”), has acquired a minority stake in Cashfree, Inc. (“Cashfree”…
DPO Group to be acquired by Network International
We are pleased to announce that Apis Growth Fund I’s (AGFI) investee company DPO Group (DPO), one of the leading, high-growth online commerce platforms in Africa…
Apis Partners invests in Hero FinCorp, a leading Indian non-bank finance company
LONDON, United Kingdom, May. 29, 2020 — Apis Growth Fund II recently completed an investment in Hero FinCorp, a leading Indian non-bank finance company (NBFC)…
Apis Partners, through its Venture Insurtech Fund has invested in Eureka AI ("Eureka")
Eureka AI Closes US$ 20 M Series B Investment Round to Fund Global Expansion Eureka AI closes Series B round with global investor group led by Apis Partners, Gobi…
Green Light Planet Energy Officers!
Since 2016, Greenlight Planet’s EasyBuy Direct Channel has provided income-generating opportunities to over 6,000 individuals across rural Kenya Sales agents,…
Apis Partners Announce Final Close of Apis Growth Fund II
Apis Partners closes Fund II at US$550m hard-cap Fund II was oversubscribed, exceeding its US$400 million target and hitting its increased hard-cap 6 December 2019…
Singapore fintech startup Coda Payments raises over $20m
Singapore-based payments service provider Coda Payments announced investments of more than US$20 million in a deal led by private equity asset manager Apis Partners…
Greenlight Planet partners with teleco operators in Africa to extend rural access
Greenlight Planet, pay-as-you-go (PAYG) solar service provider, has partnered with telecom operators in Africa to recognise the natural synergy between the telecom…
GHL and GrabPay enables e-wallet convenience in the Philippines
Manila, Philippines. GHL Systems Berhad (“GHL”) is pleased to announce that its wholly owned subsidiary, GHL Systems Philippines, Inc. (GHL PH) has recently…
PayGate, Retail Capital target start-ups ahead of Black Friday
PayGate, a local payment service provider, has announced a partnership with Retail Capital to provide start-ups with short-term working capital for them to…
Firms team up to extend digital payments to global markets
Diamond Trust Bank (DTB) has joined African payment services provider DPO Group and Mastercard in the rollout of a business to business (B2B) virtual payment card…
Retail Capital, part of Apis Portfolio Company CATS was awarded Silver for Product Innovation of the Year by the Global SME Finance Awards
We are extremely proud to announce that Retail Capital was awarded Silver for Product Innovation of the Year by the Global SME Finance Awards. They were selected…
Paytm and Star Health Insurance enter into corporate agency tie-up
Digital payments leader Paytm and Star Health and Allied Insurance Co. Ltd., (Star Health), a health insurance company in India, have announced their corporate agency…
Apis Partners and Swift held “The SIBOS Global Leaders Event” in London on Wednesday, 25th September 2019
A joint initiative between Apis and Swift (the organisers of SIBOS), the SIBOS Global Leaders event brought together senior executives and thought leaders from both…
Global Financial Services Investor, Apis Partners LLP, Acquires a Stake in Tutuka
Tutuka and Apis Partners Will Work Together to Expand Clients and Financial Inclusion Across Africa, the Middle East, Southeast Asia and Latin America DUBAI,…
DPO Group acquires PayFast in major deal for African online payments sector
The acquisition of PayFast further extends DPO Group’s capabilities in Africa Nairobi, Kenya, 30 July 2019: DPO Group, the leading African Payment Service Provider…
Apis Growth Fund I announces investment in Efficient Group Limited, a leading South African asset management and advisory firm
Apis Growth Fund I (the “Fund”), a private equity fund managed by Apis Partners LLP (“Apis”), has entered into transaction documents relating to the subscription…
Apis and Crossfin-led Consortium Announces the Acquisition of Sureswipe ...
Apis and Crossfin-led Consortium Announces the Acquisition of Sureswipe and the Formation of the Leading Independent Card-Acquiring Company in South Africa A consortium…
Apis Partners announces second investment of AGF II into leading Indian infra lender L&T-IDF
L&T Finance Holdings and Apis Partners announce equity investment of up to US$ 110 million by Apis Growth Fund II[1] into L&T IDF, a leading infrastructure…