Crossfin acquisition trail continues with Sureswipe buy

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.

Source: ITWeb


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  collaborate to form Crossfin Transactional Solutions (CTS).

Crossfin invests in high growth and established cash-generative businesses, while Apis  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.

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