0
Wireless

Crossfin ties up with Apis fund to expand merchant PoS in sub-Saharan Africa

Wednesday 4 July 2018 | 09:32 CET | News
South African company Crossfin Technology Holdings has announced a partnership with global fund manager Apis Partners to create an enlarged payments operating company in sub-Saharan Africa, reports TechCentral. Apis Growth Fund I, a private equity fund managed by Apis Partners, has partnered with Crossfin through an investment in the new entity, called Crossfin Apis Transaction Solutions (Cats). 

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Categories: Internet / Mobile & Wireless
Countries: South Africa
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

EOH sells Sybrin

Published 14 Jun 2021 10:14 CET | South Africa
South African ICT services firm EOH announced that it has agreed to sell Sybrin to a consortium comprising One Thousand & One ...

Samsung Pay officially launches in South Africa for Absa and Standard Bank customers

Published 22 Aug 2018 09:46 CET | South Africa
Samsung Pay is now out of beta testing and officially available in South Africa for certain bank customers. Currently, the only ...

Mastercard and Entersekt add QR functionality to Nedbank Money app

Published 06 Aug 2018 12:55 CET | South Africa
Mastercard and Entersekt have collaborated to enable customers of South Africa's Nedbank to make QR payments to Masterpass, ...

South Africa rules out new regulations for payment systems on social media

Published 26 Apr 2018 11:15 CET | South Africa
The South African Reserve Bank (SARB) says it does not currently see the need for special regulations to deal with payment ...

Visa launches Everywhere Initiative in Sub-Saharan Africa with USD 50,000 prize money

Published 16 Mar 2018 11:10 CET | Africa
Visa's Everywhere Initiative is to expand into Sub-Saharan Africa (SSA), extending the global programme that tasks start-ups to ...

Virgin, Smollan buy into South Africa's wiGroup

Published 31 Jan 2018 13:30 CET | South Africa
Virgin Group and retail solutions provider Smollan have acquired a stake in South Africa-based mobile loyalty software company ...

Zapper introduces mobile payment starter packs for small merchants

Published 14 Sep 2017 09:29 CET | South Africa
South African mobile payment and loyalty rewards app Zapper has introduced mobile payment starter packs for SMEs, reports ITWeb. ...

Sub-Saharan Africa accounted for half of global mobile money deployments in 2016

Published 21 Jul 2017 15:37 CET | Africa
The GSMA recently published its 2016 State of Mobile Money in Sub-Saharan Africa. The report shows that while in 2006 28 percent ...

Sub-Saharan Africa driving global market for mobile money

Published 12 Jul 2017 11:18 CET | Africa
Sub-Saharan Africa accounts for more than half of all mobile money deployments worldwide and is pioneering a range of new mobile ...

MTN Business announces winners of the App Awards

Published 05 Aug 2016 16:31 CET | South Africa
South Africa's MTN Business has announced the winners of its 5th annual MTN Business App of the Year Awards. The winning ...

Nomanini reaches over 16 million transactions

Published 09 May 2016 16:29 CET | South Africa
South Africa-based payments platform provider Nomanini said it has achieved 1,500 percent growth in transactions over 20 months ...

Emerge Mobile launches mobile POS in South Africa

Published 08 Jul 2014 16:50 CET | South Africa
South Africa's Emerge Mobile has launched its smartphone-based mobile payments system. Similar to US-based Square, the system ...