London VC backs $31M funding of South Africa fintech startup Peach Payments
- Peach Payments has raised $31M in a Series A funding round led by Apis Partners.
- The company plans to use the funds to expand into new African markets and increase its product offering.
- Peach Payments has experienced significant growth in revenue and client onboarding, with a 650% rise in revenue from 2020 and an 80% increase in 2022 alone.
Peach Payments' successful funding round and impressive revenue growth demonstrate the company's strong position in the African payments market. With plans to expand into new markets and a diverse range of payment methods, Peach Payments is well-positioned for further success. The partnership with Apis Partners brings valuable expertise and support for the company's future growth.
