Apis Partners

Apis Partners is a private equity asset manager based in London, specializing in financial services within growth markets, including Africa, South Asia, Southeast Asia, and Europe. The firm is managed by a seasoned team with over 20 years of experience in financial services and private equity, having built a strong track record in the industry. Apis Partners has developed a wide-ranging network of operating partners, comprising over 20 financial services professionals, which enhances their on-the-ground presence in five countries. The firm's recent fund, Apis Growth Markets Fund III, launched in 2023, focuses on investments in the financial services sector, targeting ticket sizes between USD 60 to USD 70 million across 10 to 15 companies. Apis Partners leverages its extensive industry expertise and resources to capitalize on growth opportunities in emerging markets.

Dolapo Agbaje

Investment Associate

Fares Al-Haffar

Investment Associate

Ravi Bhatt

Investment Associate and Impact Officer

Richard Drover

Managing Director and CFO

Udayan Goyal

Managing Partner

Keith Handley

Partner

Jin Jeong

Managing Director

Hossam Abou Moussa

Partner

Asad Naqvi

Managing Director

Rotimi Oyekanmi

Partner

Monica Pinto

Managing Director, Investor Relations and Operations and Chief Operating Officer

Nicholas Smalle

Partner

Matteo Stefanel

Managing Partner

Nick Talwar

Venture Partner

Kiprono Terigin

Investment Associate

Past deals in Southeastern Africa

Peach Payments

Series A in 2023
Peach Payments provides payment solutions to online and mobile businesses enabling them to easily accept payments from consumers across the globe and especially from those in the emerging markets. Our specific focus is on Africa and the BRIC countries where the local infrastructure requires a unique and tailored approach to online payments.

TYME SA

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 SA

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.

DPO Group

Private Equity Round in 2017
Direct Pay Online provides a real time, cloud based processing platform, with state of the art technology that supports multiple transaction types with online and offline capabilities. The technology supports all modes of payments, all cards, mobile money, all currencies, mobile apps & card readers. The Direct Pay Online customer care team provides a single point of contact to you and your end customers. We support all levels of transactions by implementing a unique approach to ensure total conversion.

DPO Group

Private Equity Round in 2016
Direct Pay Online provides a real time, cloud based processing platform, with state of the art technology that supports multiple transaction types with online and offline capabilities. The technology supports all modes of payments, all cards, mobile money, all currencies, mobile apps & card readers. The Direct Pay Online customer care team provides a single point of contact to you and your end customers. We support all levels of transactions by implementing a unique approach to ensure total conversion.

Baobab SAS

Private Equity Round in 2016
Baobab SAS is a digital finance group dedicated to promoting financial inclusion for individuals and small businesses across Africa and China. Founded in 2005 by Arnaud Ventura, the company operates over 1,000 points of presence in countries such as Madagascar, Senegal, Nigeria, and Tunisia. It offers a range of financial products, including loans, savings accounts, current accounts, and term deposits, as well as insurance, payment solutions, and access to essential services like energy and technology. Baobab SAS, formerly known as Microcred Microfinance Bank Nigeria, changed its name in December 2017 and is headquartered in Kaduna, Nigeria. With a workforce of more than 3,800 employees, the company has facilitated over EUR3 billion in loans, empowering hundreds of thousands of clients to achieve their financial goals.