About Peach Payments
Peach Payments is a company based in Cape Town (South Africa) founded in 2013.. Peach Payments has raised $32 million across 4 funding rounds from investors including AgVenture, UW Ventures and Apis Partners. Peach Payments has completed 2 acquisitions, including Operativa and Paydunya. Peach Payments offers products and services including Online Payments, Point of Sale, Recurring Payments, and Payouts. Peach Payments operates in a competitive market with competitors including Flutterwave, PayU, Network International, Yoco and ACI Worldwide, among others.
- Headquarter Cape Town, South Africa
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Sectors
Financial Services
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Phone
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Website
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Social
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Products & Services of Peach Payments
Peach Payments offers a comprehensive portfolio of products and services, including Online Payments, Point of Sale, Recurring Payments, and Payouts. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for accepting website payments securely.
System for seamless in-store and online transactions.
Tool for handling scheduled payment collections.
Service for direct bank account disbursements.
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Funding Insights of Peach Payments
Peach Payments has successfully raised a total of $32M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $31 million completed in April 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Series A — $31.0M
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First Round
First Round
(01 Feb 2013)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2023 | Amount | Series A - Peach Payments | Valuation | Apis Partners | |
| Apr, 2021 | Amount | Series A - Peach Payments | Valuation | Umkhathi Wethu | |
| May, 2020 | Amount | Series A - Peach Payments | Valuation | Umkhathi Wethu , Allan Gray |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Peach Payments
Peach Payments has secured backing from 7 investors, including institutional and venture fund investors. Prominent investors backing the company include AgVenture, UW Ventures and Apis Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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UW Ventures is engaged in multi-stage investment activities.
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Private equity and venture capital asset management firm
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Founded Year | Domain | Location | |
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Venture capital fund focused on tech companies
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Peach Payments
Peach Payments has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Operativa and Paydunya. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Provider of IT services and consulting with a focus on making software development more efficient
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2023 | ||||
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Payment API for merchant payments.
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2015 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Peach Payments
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Peach Payments Comparisons
Competitors of Peach Payments
Peach Payments operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Flutterwave, PayU, Network International, Yoco and ACI Worldwide, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of payment processing solutions for businesses
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| domain | founded_year | HQ Location |
Online payment processing and credit solutions are provided for businesses.
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| domain | founded_year | HQ Location |
Network International is recognized as a leading digital payment provider in the Middle East and Africa.
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| domain | founded_year | HQ Location |
Payment processing solutions are offered to businesses and merchants.
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| domain | founded_year | HQ Location |
Digital payments are processed and managed via specialized solutions.
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| domain | founded_year | HQ Location |
Global e-commerce payment processing and security services are managed.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Peach Payments
Frequently Asked Questions about Peach Payments
When was Peach Payments founded?
Peach Payments was founded in 2013.
Where is Peach Payments located?
Peach Payments is headquartered in Cape Town, South Africa. It is registered at Cape Town, Western Cape, South Africa.
Is Peach Payments a funded company?
Peach Payments is a funded company, having raised a total of $32M across 4 funding rounds to date.
What does Peach Payments do?
Peach Payments was founded in 2013 and is headquartered in Cape Town, South Africa. Payment gateway services are provided to merchants in the fintech sector, enabling acceptance of payments through websites, mobile sites, and apps. A product suite is included for multi-channel integration, along with fraud prevention tools to support secure transactions across operations.
Who are the top competitors of Peach Payments?
Peach Payments's top competitors include PayU, Flutterwave and Yoco.
What products or services does Peach Payments offer?
Peach Payments offers Online Payments, Point of Sale, Recurring Payments, and Payouts.
How many acquisitions has Peach Payments made?
Who are Peach Payments's investors?
Peach Payments has 7 investors. Key investors include AgVenture, UW Ventures, Apis Partners, Launch Africa, and AG Ventures.
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