TUTUKA | Apis Partners

TUTUKA

Invested August 2019. Exit March 2021

Profile

Tutuka is a third-party payments enabler that makes payments happen by enabling our clients’ customers to pay with Mastercard and Visa cards and products. Tutuka enables fintechs, mobile wallets, apps and banks across Africa, Asia, the Middle East and Latin America to issue virtual and physical cards and other Mastercard and Visa payment products. Tutuka’s processor plus model allows our clients to easily, cost effectively and quickly link into card schemes without the complexity and slow timelines normally associated with processors.

Fund

Apis Growth Fund II

Headquarters

Johannesburg, South Africa

Region

Africa & Asia

Sector

Payments

Sub-sector

Issuer processing