We orchestrate online payment systems for Africa
We unlock seamless payment experiences, by empowering African businesses to effortlessly accept digital payments anywhere.
Diversity and inclusion is a tangible competitive advantage
Meet the minds driving digital payments across Africa
We believe that our people are our strength, and that our emphasis on diversity and inclusion is a tangible competitive advantage for us in the market. When we celebrate our differences we come together to create an unstoppable culture of constant learning and growth that will enable our success as a business far into the future. We’re proud of our culture of accountability, and seek to provide a space where failure is acknowledged and learned from.
Our leadership team
From seed to success. The Peach Payments milestones that matter
From day one, Peach Payments’ co-founders have prioritised their values of trust, integrity, and customer-centricity, and these are still the backbone of the business.
2012
Launch of Peach Payments
Peach Payments was founded by Rahul Jain and Andreas Demlietner in Cape Town, South Africa in 2012. They believed African merchants deserved a better way of processing online payments using easy to use, cutting edge technology.
2013
88MPH accelerator programme
Peach Payments secured $1 million in seed funding from 88mph, a venture builder focused on early-stage startups. This funding helped Peach Payments establish and grow its digital payments platform to meet the needs of South African businesses.
2014
Expansion of merchant base
Peach Payments experienced substantial growth in its merchant base and became a trusted partner for a range of industries. Notable early partnerships included SweepSouth, where Peach Payments enabled seamless online payments for domestic services in South Africa.
2020
Early-Stage funding
The COVID-19 pandemic accelerated ecommerce adoption, driving a significant increase in transaction volumes for Peach Payments, as businesses migrated online. Peach Payments raised an undisclosed amount in its first early-stage funding round, from Allan Gray and UW Ventures.
2021
Expansion into Africa
Peach Payments completed another round of early-stage funding from Allan Gray and UW Ventures, along with a new partner, Launch Africa. This funding was primarily aimed at expanding Peach Payments’ reach into new African markets, including Kenya and Mauritius.
2022
Pan-African vision rebranding
Peach Payments underwent a strategic rebrand to signify its transformation from a South African payments company to a pan-African leader in payment solutions. The rebranding aimed to underscore our commitment to serving businesses across Africa with innovative payment tools.
Recognition of leadership
Rahul Jain, the co-founder and CEO of Peach Payments, won the IESE 40 Under 40 Best Entrepreneur Award, celebrating his contribution to the fintech industry and Peach Payments’ impact on driving digital commerce in Africa.
2023
Series A funding secured
Peach Payments raised US $31 million (R500 million) in a Series A funding round led by Apis Partners. The funding allows us to accelerating our expansion into more African markets and invest in technology to provide merchants with better payment infrastructure.
Acquisition of Operativa
To enhance its in-house development capabilities, Peach Payments acquired Operativa, a custom software development firm. This acquisition bolstered its ability to deliver tailored solutions and strengthened its tech-driven approach to serving merchants.
2024
Top 10 fintech startups
Peach Payments was included in the Top 10 Fintech Startups in South Africa in recognition of its innovation, strong merchant relationships, and impact on the digital payment ecosystem.
100 most innovative startups
Peach Payments has been recognized as one of the 100 Most Innovative Fintech Startups of 2024 by CB Insights, the leader in technology market intelligence. For our commitment to providing cutting-edge payment solutions to businesses of all sizes.
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Peach People
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Our passionate
People, powering
payments across Africa
Our people are our strength, powered by diversity and inclusion. We celebrate our differences, fostering a culture of continuous learning and growth. Through accountability and openness to learning from failures, we’re building an unstoppable team focused on the future of payments across the continent.
Strength in Diversity
We embrace diversity as a cornerstone of our success, fostering an inclusive environment where equal opportunities drive our recruitment and development. Our differences make us stronger and more innovative.
We place our customers at the heart of everything we do, consistently going above and beyond to solve their challenges. Their success drives our success, which is why we’re dedicated to exceptional service.
Commitment to Customers
We cultivate a culture where learning never stops, encouraging everyone to grow and share knowledge. By staying curious and supporting each other’s development, we evolve and improve every day.
Continuous Learning
Respect for People
We build trust through mutual respect and open dialogue, recognising that while perspectives may differ, we’re united in purpose. Our strength lies in collaboration and shared commitment to success.
We help merchants accept payments from across Africa
From seed to success, we've helped merchants scale across the continent
Peach Payments is currently supported in multiple countries across the African continent, with more to come. Once Peach Payments is supported in a region, our merchants gain access to our comprehensive, multi-currency payments processing infrastructure that enables them to sell to customers anywhere in the world.
