Byte Money Overview
- Founded
- 2009
- Status
- Private
- Latest Deal Type
- Early Stage VC
- Investors
- 3
Byte Money General Information
Description
Developer of a secure payment and allocation system designed to avoid mismanagement of payments in the informal finance sector. The company's system replaces hand-written receipts for cash premium collections and automatically updates administration software and integrates with the admin system, reducing risk and increasing profitability, thereby enabling businesses to have business intelligence to micro-enterprises and SME's, reducing admin costs, human error and fraud while increasing regulatory compliance.
Contact Information
Website
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Financial Software
Other Industries
Business/Productivity Software
Primary Office
- 14 Barron Street
- Cape Town, 7925
- South Africa
+27 0860 000 000
Byte Money Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 3. Early Stage VC | 00000 | Completed | Generating Revenue | |||
| 2. Accelerator/Incubator | 21-Apr-2017 | 00000 | 00000 | 00000 | Completed | Generating Revenue |
| 1. Accelerator/Incubator | 16-Apr-2014 | Completed | Generating Revenue |
Byte Money Executive Team (4)
| Name | Title | Board Seat | Contact Info |
|---|---|---|---|
| Marlon Shaw | Chief Executive Officer | ||
| Sean Wilkins | Chief Financial Officer | ||
| Craig Peacock | Product Owner |
Byte Money Investors (3)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|---|---|---|---|---|
| Techstars | Accelerator/Incubator | Minority | 000 0000 | 000000 0 | |
| 88mph | Accelerator/Incubator | Minority | 000 0000 | 000000 0 | |
| Breega Capital | Venture Capital | Minority | 000 0000 | 000000 0 |