South Africa: Renew Capital invests in NjiaPay
NjiaPay offers a single integration for merchants, eliminating the need to manage multiple integrations.
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Renew Capital has invested in NjiaPay, a South African payment service provider (PSP).
NjiaPay offers a single integration for merchants, eliminating the need to manage multiple integrations.
“Our mission is to empower African businesses to thrive in the digital age by simplifying the complexities of payment processing,” said Jonatan Allback, co-founder and CEO of NjiaPay. “With NjiaPay, merchants can focus on growing their businesses while we handle the payment complexities.”
“NjiaPay is tackling a major obstacle for lean teams that do not have or cannot afford dedicated payment teams to navigate payment complexity,” said Melbourne Nyamadzawo, investment analyst at Renew Capital. “By unifying integrations and optimising payment infrastructure, NjiaPay empowers merchants to navigate the digital economy with confidence. We are proud to support NjiaPay as they scale their platform across the continent.”
With Renew Capital’s investment, NjiaPay plans to expand its platform, enhance its intelligent routing capabilities and grow its presence across Africa.
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