A South African payments company that acquired Senegal's PayDunya to expand into Francophone West Africa.
Launch Africa Ventures Sells Peach Payments Stake
Launch Africa Ventures transferred its secondary stake in Peach Payments to the 27four Nebula Fund. Peach Payments secured US$31 million in Series A funding in 2023, with Launch Africa Ventures as an investor.
Why Launch Africa returned $2.5 million to investors after 11 exits
Launch Africa returned $2.5 million to investors from its first fund after completing 11 exits. The firm has joined a small group of African investors that have returned liquidity to limited partners.
Peach Payments & Yoyo Add Bank Card-Linked Loyalty to Digit Pro POS Device
Peach Payments and Yoyo have partnered to add cashback loyalty rewards to the Digit Pro POS device. Yoyo's loyalty product was successfully launched in Platō Coffee shops in 2025.
Digital Payments Platform Unveils its 2025 Black Friday/Cyber Monday Results
Peach Payments processed over 2.69 million transactions worth more than R1.86 billion during the Black Friday weekend. The retail industry grew its share of online sales by 154% compared to the previous year.
4 Black Friday Payment Realities for Merchants
The South African online retail market is expected to surpass R130 billion this year. Online retail is growing at a rate of over 35% in 2024, significantly outpacing physical retail.
