Apis and Crossfin Technology to acquire Sureswipe.

Apis Partners and Crossfin Technology, private equity funds, have acquired Sureswipe, a card payment acceptance company. Financial terms were not disclosed. Sureswipe is a card payment acceptance company which makes card payment acceptance easy and accessible to independent retailers and service providers. It offers a suite of products that together allow for efficient, affordable and safe payment systems. The acquisition of Sureswipe complements existing payments companies under the CTS platform and establishes the largest independent payments card acquiring company in South Africa. “This acquisition is the perfect complementary fit to the Crossfin portfolio and further extends our distribution “rails” in the payments landscape. We will continue to invest in complementary businesses to support the team as well as partner with, or invest in, other exciting fintech companies with products and services that can be distributed across our ‘rails’ and which add value to our customers and their consumers;” Anton Gaylard, Crossfin Co-founder and CEO.