Paycorp
Overview
Paycorp is a South African payments company providing ATM and transaction processing services across multiple countries. Founded in 1999, Paycorp has expanded its operations to include Namibia, Zambia, Hungary, Slovakia, the Czech Republic, the United Kingdom, and Ireland. In 2013, global private equity firm Actis acquired a majority stake in Paycorp, supporting its growth and expansion into new markets. Paycorp's services include ATM management, transaction processing, and value-added services, partnering with major banks and financial institutions to enhance financial inclusion and access to banking services across its operating regions. The company has been recognized for its contributions to the payments industry, including being licensed as a direct clearing system participant by the South African Reserve Bank in 2022, enabling it to acquire payment transactions directly into the National Payments System. Paycorp's commitment to innovation and financial inclusion has positioned it as a leading provider of payment solutions in Southern Africa and beyond, with a diverse portfolio of services catering to various sectors and industries.
Investment Focus
- Established financial institutions
- Proven track record in the payments industry
- Potential for market expansion
- Strong management team
- Commitment to financial inclusion
Portfolio Companies
Reach Paycorp directly
Verified work email, phone and LinkedIn for the full team — one spreadsheet, one payment, yours to keep.
Unlock full contacts →Frequently asked questions about Paycorp
What sectors does Paycorp invest in?
Paycorp invests in Financial Services, Technology, Healthcare, Energy, Consumer Goods and Real Estate, and is based in Milsons Point, New South Wales, Australia. Paycorp is listed as a private equity in the ConnectSafely investor database.
What stage does Paycorp invest at?
Paycorp backs companies at Early Stage, Growth and Late Stage, writing cheques of 5M - 50M.
Which regions does Paycorp invest in?
Paycorp invests across United Kingdom, Ireland, South Africa, Hungary, Zambia and Czech Republic.
What companies has Paycorp invested in?
Paycorp's portfolio includes Tutuka, ATM Solutions, DrawCard, EFTPOS, Kazang, ATM Point, KazangMoney and KazangPay.
How do I contact Paycorp?
Paycorp's contact details — including phone and LinkedIn — are listed in the ConnectSafely investor database, along with its website and the LinkedIn profiles of the team.
Last updated · Source: ConnectSafely investor database
