Payment24 Overview

  • Founded
  • 2006
  • Status
  • Private
  • Employees
  • 40
  • Latest Deal Type
  • Corporate
  • Investors
  • 3

Payment24 General Information


Developer of a fuel management platform intended to eliminate the hassle of managing, monitoring, and controlling fleet fuelling transactions. The company's software integrates into gas stations and vehicles to track employees and their fuel consumption in real-time using mobile and cloud technologies, thus providing businesses a view of their fuelling transactions.

Contact Information

Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Business/Productivity Software
Primary Office
  • 1 North Bank Lane
  • Century City
  • Cape Town, 7441
  • South Africa
+27 086 000 0000

Payment24 Timeline

Financing RoundFinancing RoundCaptured Employee CountEstimated Employee Growth
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Payment24 Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
4. Corporate 07-Apr-2020 00000 Completed Generating Revenue
3. Early Stage VC 31-Jan-2018 00000 Completed Generating Revenue
2. Accelerator/Incubator 08-Aug-2017 $150K $167K Completed Generating Revenue
1. Accelerator/Incubator 12-Jul-2016 $16.7K $16.7K 00000 Completed Generating Revenue
To view Payment24’s complete valuation and funding history, request access »

Payment24 Executive Team (2)

Name Title Board Seat Contact Info
Nolan Daniel Co-Founder and Co-Chief Executive Officer
Shadab Rahil Co-Founder and Co-Chief Executive Officer
To view Payment24’s complete executive team members history, request access »

Payment24 Signals

Growth Rate

0.80% Weekly
Weekly Growth 0.80%, 93rd %ile
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers


Similarweb Unique Visitors


Majestic Referring Domains


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Payment24 Investors (3)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
Standard Bank Group Corporation Minority 000 0000 000000 0
500 Startups Venture Capital Minority 000 0000 000000 0
Startupbootcamp Accelerator/Incubator Minority 000 0000 000000 0
To view Payment24’s complete investors history, request access »