Byte Money Overview
- Founded
-
2008
- Status
-
Private
- Employees
-
6
- Latest Deal Type
-
Later Stage VC
- Investors
-
3
Byte Money General Information
Description
Developer of a secure payment and allocation platform designed to avoid mismanagement of payments in the informal finance sector. The company's platform 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, micro-enterprises and SMEs to reduce admin costs, human error and fraud while increasing regulatory compliance.
Contact Information
Website
www.bytemoney.co.za
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. Later Stage VC | 00000 | Completed | Generating Revenue | |||
| 2. Accelerator/Incubator | 21-Apr-2017 | 00000 | 00000 | 000 | 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 | Founder and Product Owner |
Byte Money Signals
Growth Rate
0.80%
Weekly
Growth
Growth
Weekly Growth
0.80%, 93rd %
-35.5%.
530%
Size Multiple
219x
Median
Size Multiple
219x, 100th %ile
0.00x
0.95x.
413Kx
Key Data Points
Twitter Followers
5.5k
Similarweb Unique Visitors
15.0K
Majestic Referring Domains
314
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 | Venture Capital | Minority | 000 0000 | 000000 0 |