Enabling Digital Commerce
Crossfin invests in FINTECH solutions to enable growth for economies in Africa and beyond
VISION
By 2022 Crossfin Technology is targeting to be Africa’s leading independent Fintech group as measured by both the volume and value of transactions processed through our platforms, driven by the continued introduction of products, services & customers facilitating the ongoing growth of the digital commerce ecosystem.
MISSION
Building and investing in great Fintech businesses to enable growth for economies in Africa and beyond.
IN NUMBERS
+R73
Billion
Value of card payment transactions processed
last month annualised.
+172
Million
Volume of card payment transactions last month annualised.
R8
Billion
Value of mobile transactions through the platform last month annualised.
14
Million
Volume of mobile transactions last month annualised.
R1.8
49 000
Billion
Value of mPOS
transactions processed
last month annualised.
Active card
lanes/devices
4.5
21 000
Million
Volume of mPOS transactions processed last month annualised.
Clients in 13
African Countries
R500
Million
Value issued to rewards
& incentives cards in the
past 12 months.
R54
Million
Value of cash advanced to mPOS merchants to date.
CROSSFIN RAILS
RETAIL
STORES
OVER
11 000
ACTIVE CARD MACHINES/
LANES
OVER
49 000
CLIENTS IN
13 AFRICAN COUNTRIES
OVER
21 000
RETAIL POS
INTEGRATIONS CERTIFIED
OVER
50
VALUE STORE PROVIDERS INTEGRATED
OVER
30
MOBILE ACCEPTANCE
POS LANES
OVER
110 000
CLIENTS AND CUSTOMERS
SOME OF OUR PORTFOLIO CLIENTS
CROSSFIN SHAREHOLDERS
An investment holding company delivering superior returns on technology and associated assets.
Andisa Partners is a Black-Economic Empowered private investment company that invests, structures and raises funding for strategic BEE transactions through a Partnership focused Approach.
A global investment company offering a differentiated and compelling investment proposition for African businesses across multiple platforms.
STRATEGIC CO-INVESTMENT PARTNERS
Apis Partners is a Private Equity Fund manager focused on investing in innovative Financial Services companies in the Growth Markets of Africa, the Indian Sub-continent, and South East Asia.
The Apis team are sector specialists with deep experience and relationships in the ecosystem in which the fund invests.
Apis Partners have co-invested with Crossfin to build out a significant Pan African Payments Grouping of companies, CTS.
"Apis is partnering with Crossfin due to their proven ability to unlock value with leading payment businesses across Southern Africa. We believe that Crossfin’s deep local experience, strong technology capabilities and history of growing entrepreneur-led business models is the ideal complement to Apis’ expertise in global payment businesses, broad international experience and history of delivering value to investors. We look forward to this partnership unlocking significant value for both partners over the coming years.”
Matteo Stefanel
Co Founder/Managing Partner
Apis Partners
Baobab Capital is a private equity fund management company that invests in small to medium sized businesses. The company currently manages the Baobab Growth Fund - a N$200 million fund focused on SMEs in Namibia.
Baobab Capital has partnered with Crossfin and co-invested with Innervation Pan-African Payments (Pty) Ltd enabling Innervation to drive the companies Pan African expansion strategy, opening a company in Namibia, Innervation Namibia (Pty) Ltd.
“Baobab Capital is delighted to work with the team at Crossfin. We value their extensive Fintech experience and their ability to stay ahead of the curve by making investments that provide clients with a superior service offering. They have shown they can execute localised strategies through a willingness to work with local partners to derive mutual benefit. We are excited to be a part of this effort to make smarter and more efficient financial technologies available to Africans.”
Jerome Kisting
Founder/Portfolio Manager
Baobab Capital
Investec Ltd is a leading international private bank. Investec Private Capital provides established entrepreneurs, business founders and high net worth individuals with private capital solutions, transaction ideas and access to Investec’s networks.
Investec Private Capital have partnered with Crossfin to back driven entrepreneurs and invest behind promising Fintech startups
through Blue Garnet Ventures.
"The financial needs and requirements of consumers and businesses are constantly evolving. They demand innovative, cost-effective technology solutions to help them easily transact, save and invest, both locally and abroad. As an international organisation, rooted firmly in South Africa, we’re excited to work with reputable, proven partners like Crossfin to identify and back promising Fintech start-ups. We see it as a strategic investment in entrepreneurs, their innovative ideas and in the future of financial services.”
Akash Maharaj
Transactor
Private Capital
