Peach Payments Services Pty.
Latest round
- Series A
Last raised
- Apr 2023
Total raised
- $32M
Investors
- 1
About Peach Payments Services Pty.
Peach Payments, based in South Africa, provides a comprehensive payment gateway solution that facilitates seamless online and offline transactions for businesses across multiple sectors. Founded in 2012 in Cape Town, South Africa, Peach Payments specializes in payment processing services. The company was co-founded by Andreas Demleitner and Rahul Jain. In July 2026, 27four Investment Managers acquired a stake in Peach Payments from Launch Africa Ventures. Financial terms of the transaction were not disclosed. Peach Payments offers a payment gateway solution tailored for both online and offline transactions. Their services encompass online payments, point-of-sale transactions, recurring payments, and payout solutions. The platform integrates with major eCommerce systems like WooCommerce, Shopify, and Magento, enabling merchants to streamline their payment processes. Their services cater to clients in South Africa, Kenya, and Mauritius, facilitating multi-currency transactions for a diverse clientele including retail and eCommerce businesses, service providers, and educational institutions. Peach Payments generates revenue through a transaction-based model where businesses incur fees for processing payments on their platform. Services include subscription payments and one-time transactions aimed at both B2B and direct-to-consumer segments. Merchants can automate billing with the recurring payment service and utilize payout solutions for efficient disbursements. The pricing structure varies based on the services used, with distinct fees linked to each payment method and service level offered. Following the EUR 6 million in October 2025, Peach Payments plans to enhance its cross-border payment infrastructure. Peach will recruit engineers, compliance specialists, and data analysts in the Netherlands to strengthen its European operations.
Who invested in Peach Payments Services Pty.
1 investor across 1 round
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Funding rounds
Series A
Apr 4, 2023
Amount
$32M
Investors
Questions about Peach Payments Services Pty.
Who invested in Peach Payments Services Pty.?
Peach Payments Services Pty. has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Peach Payments Services Pty. raised?
Peach Payments Services Pty. has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Peach Payments Services Pty. last raise money?
Peach Payments Services Pty.'s most recent round on record is a Series A, in Apr 2023.
What does Peach Payments Services Pty. do?
Peach Payments, based in South Africa, provides a comprehensive payment gateway solution that facilitates seamless online and offline transactions for businesses across multiple sectors.
Where is Peach Payments Services Pty. headquartered?
Peach Payments Services Pty. is headquartered in Cape Town, South Africa.
Which VCs invest in companies like Peach Payments Services Pty.?
Among active investors with capital left to deploy, WestBridge Capital Partners, Ventures Platform, Norrsken22 and 4DX Ventures back software companies at Peach Payments Services Pty.'s stage. Their profiles are linked below.
VCs backing software startups at Series A
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