Peach Payments, a leading African fintech specialising in online and mobile payment solutions, has significantly improved its technological capabilities through the acquisition of custom software development firm Operativa.

This strategic move marks a pivotal moment in Peach Payments’ journey to become the continent’s dominant force in digital commerce.

The acquisition, fueled by a substantial $30 million investment from Apis Growth Fund II, will see the entire Operativa team join the Peach Payments family. T

his strategic partnership will leverage Operativa’s deep expertise in financial services, information security, e-commerce, and cloud hosting to accelerate Peach Payments’ expansion across Africa.

Central to this acquisition is the integration of Operativa co-founders, Dayne Olivier and Ben Janecke, who have been instrumental in architecting Peach Payments’ technical foundation since 2022. Their transition to key principal engineer roles within Peach Payments underscores the strategic importance of their contributions.

By combining Peach Payments’ market leadership with Operativa’s technical prowess, the merged entity is set to deliver unparalleled payment solutions tailored to the diverse needs of African businesses and consumers.

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The acquisition is expected to significantly enhance Peach Payments’ ability to develop innovative products, improve operational efficiency, and strengthen its position as a trusted partner to merchants across the continent.

“This strategic acquisition is a testament to our commitment to investing in technology and talent to drive growth and innovation,” said Rahul Jain, CEO of Peach Payments.

“By joining forces with Operativa, we are creating a powerful synergy that will enable us to accelerate our expansion plans and deliver exceptional value to our customers.”

The infusion of capital from Apis Growth Fund II has provided Peach Payments with the necessary resources to execute its ambitious growth strategy.

The acquisition of Operativa is a key component of this strategy, as it will enable the company to invest in research and development, expand its product offerings, and strengthen its market position.

Peach Payments is dedicated to simplifying online commerce and making digital payments accessible to businesses of all sizes.

The company’s comprehensive suite of payment solutions, including integrations with popular platforms like Shopify, Wix, WooCommerce, and Magento, has earned it a strong reputation among merchants across Africa.

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Operativa’s expertise in software development and cloud infrastructure will complement Peach Payments’ existing capabilities, enabling the company to build scalable and secure payment platforms.

By combining forces, the two companies aim to create a world-class technology platform that can meet the evolving needs of the African market.

The acquisition of Operativa is expected to be finalised by August , marking a new chapter of growth and innovation for Peach Payments.

As the company continues to expand its footprint across Africa, it is committed to driving financial inclusion and empowering businesses to thrive in the digital economy.