trending Market Intelligence /marketintelligence/en/news-insights/trending/pIhIEsZ7xBjk4vu3EZTSiw2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

Apis Partners raises US$563M for growth fund

Street Talk Episode 56 - Latest bank MOE shows even the strong need scale to thrive

South State CenterState MOE Shows Even The Strong Need Scale To Thrive

Talking Bank Stocks, Playing The M&A Trade With Longtime Investor

Report: Kashkari Says Fed In Holding Pattern But Rate Cut Still Possible


Apis Partners raises US$563M for growth fund

U.K.-based private equity firm Apis Partners LLP raised total commitments of US$563 million at the final close of Apis Growth Fund II LP, exceeding the initial target fund size of US$400 million and reaching the fund's increased hard cap of US$550 million.

The fund will back companies that address a large portion of the unbanked or underbanked populations. It will invest between US$30 million and US$50 million of equity into financial services and financial technology companies, including the sub-verticals of payments, credit and savings, insurance, technology enablers and service providers, and capital markets, across Africa, South Asia and Southeast Asia.

The fund has already invested in two companies, including independent issuer processor Tutuka and Southeast Asian multichannel payment gateway Coda Payments Pte Ltd. It has also signed a commitment to invest in L&T Infra Debt Fund Ltd., a nonbank financial company focused on infrastructure refinancing in India.