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Byte Money

Byte Money
2008 FOUNDED
PRIVATE STATUS
Accelerator/Inc LATEST DEAL TYPE
$120K LATEST DEAL AMOUNT
2 INVESTORS
Description

Developer of a secure payment and allocation system designed to help avoid mismanagement of payments in the informal finance sector. The company's payment and allocation system authenticates and guarantees payments securely and in real-time and specializes in the receipting and allocation of funeral insurance policies in the field using a POS mobile handset, enabling businesses to secure cashless and digital transactions and verify payments without human interference.

Ownership Status
Privately Held (backing)
Financing Status
Accelerator/Incubator Backed
Primary Industry
Application Software
Other Industries
Financial Software
Other Financial Services
Primary Office
  • 14 Barron Street
  • Cape Town, 7925
  • South Africa

+27 0860 000 000
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Byte Money Valuation and Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
2. Accelerator/Incubator 21-Apr-2017 $120K 00000 00000 Completed Generating Revenue
1. Accelerator/Incubator 16-Apr-2014 Completed Generating Revenue
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Byte Money Investors (2)

Investor Name Investor Type Holding Investor Since Participating Rounds Board
Seat
Contact
Info
Techstars Accelerator/Incubator Minority 000 0000 000000 0
88mph Accelerator/Incubator Minority 000 0000 000000 0

Byte Money Executive Team (4)

Name Title Board
Seat
Contact
Info
Marlon Shaw Chief Executive Officer
Sean Wilkins Chief Financial Officer
Craig Peacock Co-Founder & Chief Information Officer
Juan-Marc Naude Co-Founder