From left to right: Anton Gaylard, co-founder and COO of Crossfin; Paul Kent, CEO of Sureswipe; Dean Sparrow, co-founder and CEO of Crossfin; and Nic Smalle, MD of Apis.
Crossfin acquisition trail continues with Sureswipe buy
African Fintech holding company Crossfin Technology and Apis Growth Fund, a private equity fund managed by Apis Partners, have acquired card-payment solutions firm Sureswipe.
The acquisition will see the three financial services providers collaborate to form Crossfin Transactional Solutions (CTS).
Crossfin invests in high growth and established cash-generative businesses, while Apis Partners is a private equity asset manager that supports growth stage financial services and financial infrastructure businesses in Africa and Asia, by providing them with catalytic growth equity capital.
