Rahul Jain on Peach Payments’ big funding round

--:--
Earlier this month, Cape Town-based fintech Peach Payments announced it had secured US$30-million (R570-million) in a fundraising round led by Apis Partners.
In this episode of the TechCentral Show, Rahul Jain, co-founder of CEO of Peach Payments, tells TechCentral editor Duncan McLeod about the funding round and what the company plans to use the money to do.
In the interview, Jain unpacks:
* His background growing up in India and how his career brought him to South Africa;
* What Peach Payments does and why;
* The company’s business model; and
* Its growth plans, including expansion outside South Africa.
Jain also explains why Peach Payments went the private equity route with the latest funding round.
Don’t miss the interview!
23 Oct 2023 2AM English South Africa Technology · Business

Other recent episodes

The Volvo EX30 electric car, reviewed by an owner

The Volvo EX30 is undoubtedly one of the most exciting electric cars to be launched in South Africa in 2024. The vehicle, whose price starts at R792 000, offers a combination of price, performance and luxury tweaks that has attracted considerable appeal among South African consumers interested in making the…
24 Jul 7AM 57 min

Nomvuyiso Batyi on what needs fixing in SA telecoms

South Africa’s telecommunications industry is facing a barrage of threats, from crime and vandalism to power cuts and overreach by politicians. This is the word from Nomvuyiso Batyi, CEO of telecommunications industry lobby group the Association for Comms & Technology (ACT) and an industry stalwart who served as a councillor…
19 Jul 3AM 1 hr 01 min

Andy Higgins on the outlook for online shopping in South Africa

Andy Higgins, founder of e-commerce solutions company Bob Group, knows more about e-commerce in South Africa than most people. Higgins founded Bidorbuy (now Bob Shop) at the height of the dot-com boom in the late 1990s, and over the past 25 years has actively participated in the industry as it…
16 Jul 4AM 35 min

VezoPay on new South African-made payment ring

A new smart payment ring has been launched in South Africa – and it’s built by South Africans for South Africans. In this episode of the TechCentral Show (TCS), TechCentral editor Duncan McLeod chats to VezoPay founders Jake Pinkus and Lawrence Baker about the launch of the ring – it’s…
1 Jul 7AM 40 min

Kartik Mistry on Standard Bank Connect and SA's MVNO industry

Kartik Mistry, recently appointed head of Standard Bank Connect, believes there is still strong growth ahead for South Africa’s mobile virtual network operator (MVNO) market. Standard Bank, which recently rebranded its MVNO from Standard Bank Mobile to Standard Bank Connect and shifted its network partner from Cell C to MTN…
26 Jun 8AM 25 min