Acquisition · South Africa · Fintech
Pay
Araxi acquired a 80% stake in Pay for $62.3m.
Amount
$62.3m
Round or stake
80%
First reported
2026-02-18
Verification
Corroborated
2 independent reports
Parties
- Araxi acquirer
Sources (2)
- South Africa’s Araxi Acquires Fintech Pay@ for $62m to Consolidate Regional Payments · Launch Base Africa · 2026-02-18
- Araxi Acquires 80% Stake in Pay@ Group for $62.3M · Tech In Africa · 2026-02-23
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