Crossfin Technologies
Fund:
EMMF I
Type:
Buyout
2021-11-01
Initial investment:
Status:
Current
Crossfin's journey started in 2011 after the delisting of UCS from the JSE and later becoming Crossfin Technologies Limited.
Crossfin is a portfolio of fintech companies across different maturity stages with one common purpose: to solve every day pain points in transacting that incumbents have not yet addressed.Â
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With businesses in Merchant Acquiring, Card Issuance, Software-As-A-Service for Financial Services; the Crossfin’s portfolio currently processes over 270 million card and 20 million mobile-enabled payment transactions per annum with an aggregated value of over R100 billion (USD5.9bn). The portfolio includes notable fintech businesses such as Adumo, GAAP, iKhokha, Akelo, Sybrin and Crossfin Ventures.
Capital
need
Buyout & Growth
Investment
partners
Management & Institutional Investors
Number of
Employees
1932
Empowerment credentials B-BBEE
-