Apis Partners
Pan-African growth VC; co-led Paymentology's raise, its 16th payments investment.
Apis Partners co-led Paymentology's $175m raise on 12 May 2026, its sixteenth investment in payments infrastructure since the London firm's 2014 founding.
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Timeline for Apis Partners
Co-led Paymentology $175m round as its sixteenth payments-sector investment
UK Startups and Innovation: Paymentology raises $175m for card issuance expansionBackground
Apis Partners is a London-headquartered growth-equity firm founded in 2014, focused on financial services across Africa, South Asia and Southeast Asia, managing over $2bn in assets under management. Founding partners Matteo Stefanel and Udayan Goyal both bring backgrounds in emerging-market financial services, and the firm has backed companies including Jumo, Yoco and Mifin.
It co-led Paymentology's $175m raise on 12 May 2026 alongside Aspirity Partners, its sixteenth investment in payments infrastructure . Paymentology runs card-issuance processing software across more than 50 countries, with Africa and emerging markets forming its growth corridor, a direct match to Apis's geographic mandate.
The co-lead alongside Aspirity Partners, a newer vehicle, gave the round both the credibility of a specialist growth firm with a long payments track record and the conviction of an additional institutional co-investor.
