Apis Partners

Apis Partners is a private equity asset manager based in London, focused on investing in growth-stage companies within the financial services sector in growth markets. Founded in 2014, the firm is guided by an experienced team that has collaborated for over 20 years, bringing specialized expertise from leading firms in private equity and investment banking. Apis Partners leverages a strong network of over 20 financial services professionals and has an on-the-ground presence in five countries, bolstered by connections with 27 partner companies. The firm manages the Apis Growth Markets Fund III, which targets investments in Africa, South Asia, Southeast Asia, and Europe, with a preference for ticket sizes between USD 60 to USD 70 million across 10 to 15 companies.

Maggie Abrahams

Partner

Adam Battersby

Partner

Richard Drover

Managing Director and CFO

Udayan Goyal

Co-Founder and Managing Partner

Keith Handley

Partner

Jin Jeong

Managing Director

Theofilos Kotridis

Partner

Hossam Abou Moussa

Partner

Kaj-Erik Relander

Chairman of the investment committee

Matteo Stefanel

Managing Partner

Past deals in South Africa

Peach Payments

Series A in 2023
Peach Payments specializes in providing payment solutions for online and mobile businesses, allowing them to accept payments from consumers worldwide, with a particular emphasis on emerging markets such as Africa and the BRIC countries. The company has developed an online payment platform that features a well-documented API for seamless integration. This platform enables payment collection through email and SMS, incorporates secure tokenization for storing card data, and enhances conversion rates with one-click checkouts. By focusing on the unique needs of local infrastructures, Peach Payments aims to deliver a safe and efficient payment experience across all digital channels.

Tyme

Private Equity Round in 2021
TymeBank is a fully black-owned and controlled investment company based in South Africa. It is an exclusively digital retail bank that aims to provide every South African accessible and affordable banking so that they can take part in, grow and benefit from the country’s economy.

Tyme

Series B in 2021
TymeBank is a fully black-owned and controlled investment company based in South Africa. It is an exclusively digital retail bank that aims to provide every South African accessible and affordable banking so that they can take part in, grow and benefit from the country’s economy.

Tyme

Series B in 2021
TymeBank is a fully black-owned and controlled investment company based in South Africa. It is an exclusively digital retail bank that aims to provide every South African accessible and affordable banking so that they can take part in, grow and benefit from the country’s economy.

Tutuka

Acquisition in 2019
TUTUKA SOFTWARE PROPRIETARY LIMITED offers third party payment processing services. It offers prepaid processing, companion processing, and digital payments services through its software and application programming interface (API). Its software is used to issue closed loop prepaid cards, loyalty cards, open loop prepaid cards, payroll cards and travel cards. It offers software and systems for shopping centers, retailers, corporate, and state agencies to issue, redeem, track, and control vouchers issued on paper, card, e mail or SMS, or used by clients for gifts, loyalty cards, pay outs, incentives or as prepaid cards. The company was founded in 1998 and is based in Rivonia, South Africa. As of October 15, 2015, TUTUKA SOFTWARE PROPRIETARY LIMITED operates as a subsidiary of Paycorp Group (Pty) Ltd.

Tutuka

Secondary Market in 2019
TUTUKA SOFTWARE PROPRIETARY LIMITED offers third party payment processing services. It offers prepaid processing, companion processing, and digital payments services through its software and application programming interface (API). Its software is used to issue closed loop prepaid cards, loyalty cards, open loop prepaid cards, payroll cards and travel cards. It offers software and systems for shopping centers, retailers, corporate, and state agencies to issue, redeem, track, and control vouchers issued on paper, card, e mail or SMS, or used by clients for gifts, loyalty cards, pay outs, incentives or as prepaid cards. The company was founded in 1998 and is based in Rivonia, South Africa. As of October 15, 2015, TUTUKA SOFTWARE PROPRIETARY LIMITED operates as a subsidiary of Paycorp Group (Pty) Ltd.
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