Entrepreneur Rahul Jain Details How He Founded Cape Town Based Fintech Start-Up Peach Payments
Entrepreneur Rahul Jain Details How He Founded Cape Town Based Fintech Start-Up Peach Payments. In an interview with Times Of India, entrepreneur Rahul Jain detailed how he founded the Cape Town based fintech startup Peach Payments. He shares that he specifically moved to Cape Town because he wanted to set up the startup.
He said, “In 2009, I did a summer internship between the first and second year of my MBA at a boutique venture capital fund in Pretoria, South Africa. During that time, I met many people, including my co-founder Demleitner. After my MBA, we stayed in touch and while I was in Boston in November 2011, he called me to ask if I wanted to join him to start a digital payments business in Africa,”
He continued to say, “I moved to South Africa solely to start Peach Payments. We were accepted into a start-up incubator called Umbono that Google was running in Cape Town and were one of the nine start-ups in that programme. It was a great opportunity and one that was hard to pass on,”
Peach Payments is a digital payments startup, its vision is to deliver delightful experiences for merchants and users, and be the payments partner of choice on the African continent. In everything it does, the company strives to make it as easy as possible for merchants to focus on their business, while it takes care of their payment needs. It works with the biggest enterprise businesses and the side-hustle next door, across every sector of the economy.
Peach Payments prides itself on delivering a world-class payments service with a seamless and secure checkout, enterprise-grade security and personalised multi-channel support to every business it partners with. Now the company offers its services in countries like South Africa, Kenya and Mauritius and it plans to expand to two more countries in Africa by the end of this year.
