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Peach Payments

Provider
PSP

Embedded-finance provider tracked in the Embedded Finance Index — disclosed by 3 companies across 1 category.

peachpayments.com ↗Also analysed as a company — its own stack →
CategoriesPSP
Rank#163 of 528 in PSP
Buyers3 companies
HeadquartersCape Town, South Africa
Founded2012
FoundersRahul Jain
Raised~$31M disclosed

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Founders & story · from Peach Payments’s own dossier

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).

Latest round: Series A, 2023
Recent developments
  • 2025-12Updated PAIA Manual V2 published; PCI DSS 4.x compliance highlighted. source ↗
Full dossier: Peach Payments’s own stack, layer by layer →
Who uses Peach Payments
3 companies disclose Peach Payments in their stack
LulaSportsPlusLulalend
Buyer mix · 3 of 3 classified
Fintech / Lending · 1Fintech / SMB banking · 1Vertical SaaS / Sports Management · 1
Africa · 2US · 1
What the disclosures say
Lula
“Lula partnership pages name Peach Payments and Payfast by Network as distribution/embedded-funding partners for e-commerce merchants.”
SportsPlus
“SportsPlus does not store your payment information.' A Jan 2022 release note announces 'a new payment gateway, Peach Payments, for the organizations located in the South African region' and references Stripe for monthly/yearly auto-pay enrollment.”
Lulalend
“lula.co.za/lula-peach-payments page confirms partnership with Peach Payments as Africa's payment gateway, used as a distribution channel for Lula's Business Cash Advance to Peach merchants.”
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Alternatives to Peach Payments

Other PSP providers in the index, by the number of companies that disclose them. A count of public disclosures, not a ranking of the products.

Stripe781 buyers →Adyen317 buyers →PayPal153 buyers →Checkout.com114 buyers →Worldpay88 buyers →Mollie63 buyers →checkout59 buyers →Braintree57 buyers →
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Ranked #163 of 528 in PSP — Embedded Finance Index 2026
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Peach Payments — frequently asked

Which companies use Peach Payments?

3 companies are linked to Peach Payments in the Embedded Finance Index 2026, through their own public disclosures or Peach Payments's published customer list, including Lula, SportsPlus and Lulalend.

What does Peach Payments do?

Peach Payments is an embedded-finance provider in PSP. It ranks #163 of 528 PSP providers by linked companies.

What are the alternatives to Peach Payments?

The most-named PSP alternatives to Peach Payments are Stripe (781 buyers), Adyen (317 buyers), PayPal (153 buyers), Checkout.com (114 buyers), Worldpay (88 buyers) and Mollie (63 buyers).

Who founded Peach Payments?

Peach Payments was founded by Rahul Jain and is founded in 2012, headquartered in Cape Town, South Africa.

How much funding has Peach Payments raised?

Peach Payments has raised ~$31M disclosed in total.

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