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Global Financial Services Investor, Apis Partners LLP, Acquires a Stake in Tutuka; Tutuka and Apis Partners Will Work Together to Expand Clients and Financial Inclusion Across Africa, the Middle East, Southeast Asia and Latin America

Sep 04, 2019 - PR Newswire
Mergers and Acquisitions

PR Newswire

Tutuka announced today that global financial services investor, Apis Partners (as manager of Apis Growth Fund II), has acquired a majority stake in Tutuka. Apis acquired their stake from Paycorp, who invested in Tutuka in 2015, and helped the company grow their international presence and more than triple in size since their initial investment.

Tutuka is well known for its unique processor plus model which enables fintechs, mobile wallets, apps and banks acro...