Trans-Fast Remittance

Rest of the World Financial services

Trans-Fast is a leading provider of cross-border remittance solutions to consumer and businesses worldwide. The company covers 88% of the world’s population across over 120 countries.

We are invested in Trans-Fast Remittance through Apis Growth Fund I, which is managed by Apis Partners. For further information on the fund, the fund manager, and the expected impact of the fund’s investment, click here.

Key facts

Status:
Exited
Region

Since 2012, we’ve only invested in Africa and South Asia. Investments outside these regions are from our pre-2012 portfolio.

:
Rest of the World
Sector

We have seven priority sectors. However, we continue to invest outside these sectors, largely in the most challenging regions, as new investment supporting any sector helps to underpin the private sector, and create jobs and livelihoods for people.

:
Financial services
Investment type

We provide capital in three broad ways: direct equity, debt, and intermediated equity (principally through investment funds).

:
Intermediated investment
Fund:
Apis Growth Fund I
Fund Manager:
Apis Partners
Domicile

This is the investee company’s place of incorporation; or a fund’s jurisdiction.

:
United Kingdom