The Empower Africa Business Platform is Now Live !!!
South African fintech startup Peach Payments has closed a $31 million Series A funding round for expansion.
Peach Payments is a cutting-edge payment platform that allows businesses of all sizes to process payments quickly, securely, and efficiently. By leveraging the latest technology and a deep understanding of customer needs, the startup has emerged as a leader in the fast-growing fintech sector. Peach Payments secured the latest investment from Apis Growth Fund II, a private equity fund managed by Apis Partners, a UK-based asset manager. The startup will use the funding to fuel its expansion plans across South Africa and beyond.

The International Finance Corporation (IFC) and Proparco have announced a joint investment of up to $50 million in Helios Sports and Entertainment Group (HSEG), a company focused on developing Africa’s sports, media, and entertainment industries.

Alterra Capital Partners has announced an investment in ARP Africa Travel Group, collaborating with the founding family to drive the company’s expansion across East Africa and beyond.

Billboxx, a Nigeria-based financial technology company specializing in invoicing and cash flow management for small and medium-sized enterprises (SMEs), has raised $1.6 million in a pre-seed funding round.