Transaction

Circle Ventures invests in CrissCross' operations in Africa

Announced

26 October 2026

Target

CrissCross Tech (Pty) Ltd

Value

Undisclosed

Asset class

Venture Capital

Type

Investment

Instrument

Ordinary Shares (Equity)

Lead investors

Circle Ventures

Investors

Circle Ventures

Sector

Financial services / Cross-Border Payments, Payments Infrastructure

Markets

Chad, Ethiopia, Egypt, Angola, Burundi, Burkina Faso, Cameroon, Morocco, Nigeria, Botswana, Rwanda, Benin, Mozambique, Republic of the Congo, Madagascar, Gabon, Mauritius, Ghana, Mali, Malawi, Kenya, Sierra Leone, Senegal, Côte d'Ivoire, South Africa

About the target

CrissCross Tech (Pty) Ltd (CrissCross) is a South African payments infrastructure company that provides enterprise cross-border collections, payouts, foreign exchange and corporate treasury management through a single API. Founded in 2022 and headquartered in Cape Town, CrissCross connects blockchain-based settlement with local bank and mobile money rails in more than 30 African markets, including Nigeria, Ghana, Kenya, Egypt, Morocco and South Africa, and supports more than 20 currencies. CrissCross serves multinational enterprises, financial institutions and digital platforms. CrissCross Tech is an authorised financial services provider with South Africa's Financial Sector Conduct Authority, and Crisscross FX Limited is registered as a money services business with FINTRAC in Canada. In September 2026, CrissCross announced that CrissCross FX is a South African Reserve Bank approved Treasury Outsourcing Company for cross-border invoice settlement, and in October 2026 CrissCross partnered with Velocity to connect institutional stablecoin liquidity to African markets.