Byte Money Overview

  • Year Founded
  • 2009

Year Founded

  • Status
  • Out of Business

  • Employees
  • 5

Employees

  • Latest Deal Type
  • Out of Business

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 automatically updates administration software and integrates with the admin system, reducing risk and increasing profitability, enabling businesses, micro-enterprises, and SMEs to reduce admin costs, human error, and fraud while regulatory compliance.

Contact Information

Website
www.bytemoney.co.za
Ownership Status
Out of Business
Financing Status
Formerly VC-backed
Corporate Office
  • 14 Barron Street, Woodstock
  • Western Cape
  • Cape Town, 7925
  • South Africa
Primary Industry
Financial Software
Other Industries
Business/Productivity Software
Media and Information Services (B2B)
Vertical(s)
SaaS, TMT, Mobile Commerce, FinTech, B2B Payments
Corporate Office
  • 14 Barron Street, Woodstock
  • Western Cape
  • Cape Town, 7925
  • South Africa

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Byte Money Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
5. Out of Business Completed Out of Business
4. Accelerator/Incubator 03-Feb-2022 Completed Generating Revenue
3. Later Stage VC Completed Generating Revenue
2. Accelerator/Incubator 21-Apr-2017 $120K $120K Completed Generating Revenue
1. Accelerator/Incubator 16-Apr-2014 Completed Generating Revenue
To view Byte Money’s complete valuation and funding history, request access »

Byte Money Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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Byte Money FAQs

  • When was Byte Money founded?

    Byte Money was founded in 2009.

  • Where is Byte Money headquartered?

    Byte Money is headquartered in Cape Town, South Africa.

  • What is the size of Byte Money?

    Byte Money has 5 total employees.

  • What industry is Byte Money in?

    Byte Money’s primary industry is Financial Software.

  • Is Byte Money a private or public company?

    Byte Money is a Private company.

  • What is Byte Money’s current revenue?

    The current revenue for Byte Money is .

  • How much funding has Byte Money raised over time?

    Byte Money has raised $140K.

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