Monday 10 August 2015

Start-up Apis raises $150m for emerging fintech honeypots - FT.com

Start-up Apis raises $150m for emerging fintech honeypots - FT.com:



"A young private equity house focused on investing in financial services across Africa and south Asia has won strong backing for its inaugural fund.



Apis Partners, founded a year ago, raised over $150m for the “first close” of the fund, allowing it to begin deploying capital while seeking other investors.



The speed of Apis’s fundraising underlines how backers of private equity are increasingly keen on funds that are devoted to specific sectors and untapped niches and markets."



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