Araxi Limited
Investment Banking
Investec provides specialist finance facility to fintech group Araxi Limited for their acquisition of Pay@
Our role
Investec acted as sole lender, providing R800 million in funding support to Araxi Limited for the acquisition of Pay@ Group. Investec Corporate and Investment Banking partnered with Araxi to facilitate the strategic transaction within the South African fintech and payments sector.
“We’ve had an excellent experience working with Investec on Araxi’s acquisition of Pay@. The team has been highly professional, responsive and consistently helpful, bringing a strong commercial mindset to every interaction. Their approach felt genuinely collaborative, creating a real sense of partnership while supporting our strategic direction and helping us navigate the transaction with confidence." - Sjoerd Douwenga, Araxi Chief Financial & Value Enhancement Officer
Transaction overview
Investec provided R800 million in lending facilities in support of this transaction, strengthening Araxi’s continued expansion in the payments ecosystem. Araxi Limited, a JSE-listed fintech group focused on payments infrastructure, enterprise software, and digital financial solutions, has acquired Pay@ Group, a South African payments solutions provider. The acquisition supports Araxi’s continued growth ambitions and position in the fintech sector. The group primarily operates in South Africa and Central and Eastern Europe.
About Araxi Limited
Araxi Limited operates in the financial technology (fintech) sector. More specifically, it’s a South African technology group focused on payments and payment infrastructure, enterprise software and digital service and financial technology solutions for banks, retailers, hospitality, healthcare, and telecoms entities. The JSE-listed company was formerly known as Capital Appreciation Limited and rebranded to Araxi in 2025.
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