“Can a single payment orchestration platform become the default acquiring and money-movement layer for African e-commerce?”
Peach Payments began in 2012 as a South African online payment gateway and has steadily expanded into a full payments orchestration platform for Africa. The 2023 Apis-led Series A bankrolled product expansion beyond card acquiring into payouts, in-store POS, BNPL, embedded checkout, multi-currency and business funding. The company is positioning itself as Africa's pan-regional payments orchestration layer (South Africa, Kenya, Mauritius, with Côte d'Ivoire presence via Paydunya), competing with global PSPs by leaning on local payment methods (Pay by Bank, Mobicred, Payflex, 1Voucher, Scan to Pay).
Peach Payments processes payments through Peach Payments (self-operated gateway).
Peach Payments integrates with Xero, Magento, Shopify, WooCommerce, WIX, ECWID, Gravity Forms, nopCommerce and 1 other.
The Embedded Finance Index 2026 maps 3 layers in Peach Payments's stack: Payments / PSP (Peach Payments (self-operated gateway)); Lending (Peach Payments Cash Advance (Business Funding, powered by Lulalend), PayJustNow BNPL (in-store), Payflex (BNPL), Mobicred and 1 other); Accounting (Xero, Magento, Shopify, WooCommerce and 5 others).
Peach Payments was founded by Rahul Jain and is founded in 2012, headquartered in Cape Town, South Africa.
Peach Payments has raised ~$31M disclosed in total (latest round: Series A, 2023).
Get a read on where your own stack stands against Peach Payments and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.