Apis Partners raises $287m

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Apis Partners has raised $287 million for its Apis Partners Fintech Growth Fund. The London-headquartered firm began fundraising in 2014 with a $250 million target.

Investors that committed to Apis Partners Fintech Growth Fund include the Intesa Sanpaolo, CDC Group and the Swiss Investment Fund for Emerging Markets.

The fund will target growth equity opportunities in financial services sectors in Africa and South Asia.