Paycorp
About Paycorp
Paycorp is a South African payments company providing ATM and transaction processing services across multiple countries. Founded in 1999, Paycorp has expanded its operations to include Namibia, Zambia, Hungary, Slovakia, the Czech Republic, the United Kingdom, and Ireland. In 2013, global private equity firm Actis acquired a majority stake in Paycorp, supporting its growth and expansion into new markets. Paycorp's services include ATM management, transaction processing, and value-added services, partnering with major banks and financial institutions to enhance financial inclusion and access to banking services across its operating regions. The company has been recognized for its contributions to the payments industry, including being licensed as a direct clearing system participant by the South African Reserve Bank in 2022, enabling it to acquire payment transactions directly into the National Payments System. Paycorp's commitment to innovation and financial inclusion has positioned it as a leading provider of payment solutions in Southern Africa and beyond, with a diverse portfolio of services catering to various sectors and industries.
Investment Mandate
Investment Stages3
Asset Classes2
Geographical Focus
African markets3
Other stated markets5
Requirements
Established financial institutions, Proven track record in the payments industry, Potential for market expansion, Strong management team, Commitment to financial inclusion
Stated Portfolio8
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