International investor acquires stakes in Mauritius-based payment tech leader

Mauritius-based payments and technology company Vantage Africa, trading as VantagePay, has announced that Crossfin Holdings has acquired a meaningful stake for an undisclosed sum.

Headquartered in Mauritius, with offices in South Africa, Ghana, Nigeria and London, VantagePay provides payments solutions to leading Ghanaian banks, telcos and fintech with plans to expand into several African countries in the coming years.

Crossfin is an independent fintech group and counts as its major shareholders Ethos Mid-Market Fund and leading empowerment investor African Rainbow Capital.

Crossfin has a particular focus on payments technologies and smart funding.