Overview of Business

We are on a journey to digitally transform the township economy in Durban, rest of South Africa and rest of Africa. Our application is eWallet, Visa & Master Cards, QR Code-based payments and a peer-to-peer money transfer platform with a built-in e-commerce market that brings together consumers and merchants. We are on iOS and Android stores and went live towards year end in 2022, to-date have onboarded about 800 merchants of informal businesses based in townships around Durban i.e. Umlazi, KwaMashu, Ntuzuma, Inanda, KwaMakhutha, Ilovu, Newlands, etc. These merchants range from Spaza Shops, Beauty Salons, to Shisanyamaz, Car washes, Shebeens, Taverns, etc. We offer our platform at 0% transaction fees for QR Code scanned transactions, no setup costs, and only charge R49 monthly fee for each active account on our platform - with an automatic funeral cover of R10k for merchant account holders.

Stage of Business
Startup
Industries Served
‚ÄčInformation and communication
e-commerce
Financial and insurance activities
FinTech and InsureTech
Country / HQ
South Africa
Funding required
Seed funding