APIS Growth Fund I provides growth finance in the form of equity and quasi-equity investments to private sector SMEs and mid-caps active in the financial sector in Africa and Asia. In particular, the Fund targets mid-market companies active in the creation and development of technology-enabled financial sector infrastructure, such as payment gateways, switches, payment platforms, as well as software for automated processing of transaction data. The Fund also invests in financial intermediaries where the relevant business model includes a distinctive technological element.