Peach Payments concludes $30m funding deal

Baobab Payments, trading as Peach Payments, has concluded a €29-million/$30-million funding round. The round, announced in April, was led by Apis Growth Fund II, a private equity fund managed by UK-based asset manager Apis Partners. Peach Payments is an...

TFG to list on A2X

South African retailer The Foschini Group Limited (TFG) will list its shares for trade on A2X Markets (A2X) from 10 October 2023. A2X is a licensed stock exchange that provides a secondary platform for companies to list their shares for trade. Other well-known...

Root accelerates expansion plans after Invenfin investment

South Africa-based Invenfin, has made a further investment of $1,5-million in Root Platform, the low-code, API-first, end-to-end insurance technology platform provider. Root, which was founded in 2016 in South Africa, offers a low-code platform that powers modern...

Helm rewards staff with business ownership

Helm has announced an employee ownership plan that rewards key staff with a significant stake in the business. The senior management team holds the majority of the stake, participating actively in the decision-making processes while driving the strategy, vision, and...
WeWork expands Cape Town offering

WeWork expands Cape Town offering

WeWork South Africa has announced a significant expansion of its Strand Street location in Cape Town. From 1 November, WeWork will be welcoming more than 250 new members with the addition of an extra floor. The expansion marks the first significant growth initiative...

Frogfoot acquires part of Surf4Life network

Open-access fibre infrastructure provider Frogfoot Networks has announced the acquisition of a portion of Surf4Life’s FTTH network The transaction adds around 11 000 households to its fibre network, and follows successful collaboration over the past five years,...