# Peach Payments Services Pty.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/peach-payments-services-pty

- Industry: Software
- Headquarters: Cape Town, South Africa
- Website: www.peachpayments.com/
- Total disclosed funding: $32M
- Latest round: Series A (Apr 4, 2023)
- Investors on record: 1

## About

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. The July 2026, acquisition enables Peach Payments to bring in 27four Nebula Fund as a later-stage institutional investor through a secondary sale by Launch Africa Ventures

## Funding rounds

- Series A, Apr 4, 2023, $32M — Apis Partners

## Investors

- Apis Partners (https://capitalatlas.ai/funds/apis-partners) — Series A