Udayan Goyal, Managing Partner, and Simone Tedeschi, Partner at Apis Partners, had the privilege of visiting Türkiye last week, to strengthen Apis’ partnerships in the region and explore new avenues for collaboration. In addition to insightful and productive meetings, we co-hosted a dinner with Oleka Capital, bringing together some of the most influential people in the country’s financial ecosystem.

We were honoured to have Mounir Nakhla, CEO and Co-Founder of Apis portfolio company MNT-Halan, deliver a keynote speech at the dinner. Headquartered in Egypt, MNT is leading the way in lending to the unbanked and underbanked in the region and recently expanded its geographic footprint to Türkiye. This strategic move underscores the country’s market opportunity and the scope for significant growth in banking and financial services sectors.

This trip was a great opportunity to build meaningful connections, and we look forward to furthering these relationships with more visits in the future.

Apis Growth Fund I, managed by Apis Partners, has announced it has signed binding agreements to sell its full stake in Baobab, a leading African financial services provider. The Fund’s position in the company is being acquired by Beltone Capital, a financial services provider listed on the Egyptian Stock Exchange. Once completed, this will mark the ninth and penultimate full exit from the Fund.

Throughout the Fund’s investment period, Apis played a pivotal role in multiple value creation initiatives at Baobab, enabling the company to offer essential financial services to millions of underserved individuals and SMEs in seven African markets, promoting financial inclusion across these regions.

To read more, please visit the Apis website: https://lnkd.in/eYJygpUR

Aadit Gandhi, Vice President at Apis Partners will be speaking on a panel at Merchant Payments Ecosystem (MPE) 2025, the biggest payment acceptance event in Europe, connecting the whole payment value chain.

📆19th March 2025
📍Berlin
📢Funding, mergers & acquisitions

#mpe2025 #mpecosystem #mpeberlin

Apis Growth Fund II (managed by Apis Partners) has participated in a $53 million funding round by existing portfolio company Cashfree Payments. The capital raise will help drive product innovation, market expansion and global growth.

Apis’ investment philosophy is that there should be no trade-off between superior returns for LPs and positive societal impact, and the investment in Cashfree is proving to be a perfect example of that!

For more information, please visit Apis’ website: https://lnkd.in/eCn6Xseq

Following last week’s announcement of the investment from Apis’ funds into global embedded finance platform Leap, we asked Leap Co-Founders Arnav Kumar and Vaibhav Singh, CFA what they’re looking forward to as they start to work with Apis.

We’re very excited to move forward with this partnership, supporting Leap as it continues to raise the bar in global education.