Rahul Jain on Peach Payments’ big funding round

Loading player...
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

MTN Group CEO Ralph Mupita on competition, AI and the future of mobile

South Africa’s big three telecommunications operators have all reported numbers in recent weeks, and the theme is clear: competition in prepaid has intensified sharply. Telkom’s resurgence has put pressure on both MTN and Vodacom, with MTN acknowledging it has “discernibly” lost prepaid market share. This is one of the topics…
28 Nov 5AM 57 min

Dominic Cull on fixing South Africa’s ICT policy bottlenecks

Returning to the TechCentral Show is ICT regulatory expert Dominic Cull, founder of Ellipsis and regulatory advisor to the Internet Service Providers’ Association (Ispa). Cull recently attended communications minister Solly Malatsi’s policy colloquium in Pretoria – the first under a non-ANC communications minister. Cull says there is a discernibly different…
21 Nov 2AM 1 hr 04 min

BMW CEO Peter van Binsbergen on the future of South Africa’s automotive industry

South Africa’s automotive industry is in a state of flux. In this episode of the TechCentral Show, BMW Group South Africa CEO Peter van Binsbergen unpacks the challenges – and opportunities – facing a sector under pressure. He tells TechCentral editor Duncan McLeod about the future of BMW’s Rosslyn manufacturing…
6 Nov 4AM 30 min

Why Altron is building an AI factory

Altron earlier this month announced that it has deployed an "AI factory" in one of Teraco’s new Johannesburg data centres. Powered by Nvidia AI infrastructure and software, the factory is has already gone live with half a dozen customers. In this episode of the TechCentral Show, Altron Group chief technology…
28 Oct 5AM 26 min

The company building a ‘living computer’ with human cells

The invention of the silicon transistor was fundamental to the success of the digital age, driving the core of the modern-day digital economy. The rise of generative AI has put hardware at the epicentre of the next wave of economic growth, with chip makers such as Nvidia and AMD reaching…
23 Oct 8AM 19 min