South-African Fintech Start-Up, Peach Payments has opened an office in Mauritius following a successful venture in Kenya in 2018.
For both public and private stakeholders in the Fintech field in Mauritius, Peach Payments Mauritius branch is equal to a vote of confidence. The new entrant in the local Fintech landscape is held in high esteem within the global fintech community. Having developed world-class online payments solutions that can be integrated easily to global e-commerce platforms, in the likes of WooCommerce, Shopify, Wix and Magento.
Peach Payments is serving as key event sponsor at the Africa Fintech Festival that is currently being hosted in Mauritius in a virtual format by the Mauritius Africa Fintech Hub.
For the Mauritius Fintech Hub, the arrival of Peach Payments in Mauritius is a major breakthrough.
The company’s numbers speak for themselves. Last year, Peach Payments saw a 400% increase in customer acquisition and revenue growth of 130%. After securing investment last year from a funding round led by UW Ventures in partnership with Allan Gray, the company raised another new round of funding in April 2021, again led by UW Ventures in partnership with Allan Gray, alongside Launch Africa Ventures and other existing investors. The investment raised from these rounds is being used to fund the company’s expansion into Africa.
