The Payments Group Holding

The Payments Group Holding (PGH) is a Frankfurt-based venture capital firm specializing in strategic investments in innovative technology companies. Founded in 2012, the company underwent a significant transformation in August 2024, rebranding from SGT German Private Equity to its current name. This rebranding coincided with the acquisition of four PayTech companies, marking PGH's strategic shift towards the financial technology sector. The acquisition is expected to close in summer 2025, subject to certain conditions.

The acquired companies—Funanga AG, Campamocha Ltd (including its subsidiaries TBWS Ltd and Calida Financial Ltd), and Surfer Rosa Ltd—collectively form The Payments Group (TPG), a vertically integrated e-money PayTech group. TPG provides proprietary closed and open prepaid payment services to numerous online merchants worldwide. Calida Financial Ltd. holds an e-money license from the Malta Financial Services Authority (MFSA), enabling it to offer innovative e-money services and products across Europe. TPG employs over 50 people and operates globally, with customers utilizing more than 550,000 POS cash payment points and a global online prepaid card network to process cash and cashless online payments.

In addition to its venture capital activities, PGH operates an AI-focused company builder called 'Softmax AI' through a 25% stake in German AI Projects GmbH. The company also maintains a heritage VC portfolio of minority stakes in promising German startups via its wholly owned subsidiary, German Startups Group VC GmbH. Despite recent legal disputes with former major shareholder SGT Capital LLC, PGH continues to pursue its strategic objectives in the PayTech sector.