Oltio Overview

  • Year Founded
  • 2004

Year Founded

  • Status
  • Acquired/​Merged

  • Latest Deal Type
  • M&A

  • Financing Rounds
  • 2

Oltio General Information

Description

Developer of mobile payments and banking solutions, including authentication technology. The company's services include security and authenticated payment methods which utilize mobile devices by authentication technology, enabling consumers to authenticate digital wallet purchases in South Africa using their bank PIN and mobile phone.

Contact Information

Website
www.oltio.com
Ownership Status
Acquired/Merged
Financing Status
Corporate Backed or Acquired
Corporate Office
  • 1st Floor
  • 68 Grayston Drive
  • Sandton, 2196
  • South Africa
Primary Industry
Financial Software
Other Industries
Automation/Workflow Software
Acquirer
EFT Corporation
Vertical(s)
TMT, Mobile Commerce, FinTech, Mobile
Corporate Office
  • 1st Floor
  • 68 Grayston Drive
  • Sandton, 2196
  • South Africa

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Oltio Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA		 Post-Val Status Debt

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Oltio Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of mobile payments and banking solutions, including authentication technology. The company's services include
Financial Software
Sandton, South Africa

Cape Town, South Africa
 

Courbevoie, France
 
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Oltio Competitors (14)

One of Oltio’s 14 competitors is PayFast (South Africa), a Formerly PE-Backed company based in Cape Town, South Africa.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
PayFast (South Africa) Formerly PE-Backed Cape Town, South Africa
Ingenico Group Private Equity-Backed Courbevoie, France
Backbase Private Equity-Backed Amsterdam, Netherlands
CyberSource Formerly VC-backed Reading, United Kingdom
Modefin (Financial Services) Accelerator/Incubator Backed Bangalore, India
You’re viewing 5 of 14 competitors. Get the full list »

Oltio Former Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Oltio FAQs

  • When was Oltio founded?

    Oltio was founded in 2004.

  • Where is Oltio headquartered?

    Oltio is headquartered in Sandton, South Africa.

  • What industry is Oltio in?

    Oltio’s primary industry is Financial Software.

  • Is Oltio a private or public company?

    Oltio is a Private company.

  • What is Oltio’s current revenue?

    The current revenue for Oltio is .

  • Who are Oltio’s investors?

    MasterCard and Standard Bank have invested in Oltio.

  • Who are Oltio’s competitors?

    PayFast (South Africa), Ingenico Group, Backbase, CyberSource, and Modefin (Financial Services) are some of the 14 competitors of Oltio.

  • When was Oltio acquired?

    Oltio was acquired on 20-Nov-2020.

  • Who acquired Oltio?

    Oltio was acquired by EFT Corporation.

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