EFT Corporation Overview
- Year Founded
-
2018
- Status
-
Private
- Employees
-
211
- Latest Deal Type
-
Debt - Acquisition
- Investors
-
6
EFT Corporation General Information
Description
Developer of payment orchestration software designed to simplify financial transactions for businesses. The company's platform utilizes cloud-based architecture and microservices to provide payment orchestration, card issuing, payment processing, digital wallet systems, point-of-sale solutions, and banking-as-a-service, enabling financial institutions to optimize existing infrastructure and enhance payment efficiency.
Contact Information
Website
www.eftcorp.comCorporate Office
- 6 Street Denis Street
- 1st Floor River Court, 1114-04
- Port Louis
- Mauritius
Corporate Office
- 6 Street Denis Street
- 1st Floor River Court, 1114-04
- Port Louis
- Mauritius
EFT Corporation Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 8. Debt - Acquisition | 07-Jan-2024 | Completed | Profitable | |||
| 7. Early Stage VC (Series A) | 08-Dec-2022 | Completed | Generating Revenue | |||
| 6. Early Stage VC | 11-Dec-2021 | Completed | Generating Revenue | |||
| 5. Accelerator/Incubator | 20-May-2021 | Completed | Generating Revenue | |||
| 4. Early Stage VC | 01-Nov-2020 | Completed | Generating Revenue | |||
| 3. Early Stage VC | 06-Dec-2019 | Cancelled | Generating Revenue | |||
| 2. Seed Round | 15-Aug-2019 | $524K | $1.52M | Completed | Generating Revenue | |
| 1. Corporate | 01-Jan-2018 | $1M | $1M | Completed | Generating Revenue |
VC Exit Predictor
See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.
Opportunity Score
Calculated using Exit Type probabilities, the company’s stage, and PitchBook’s historical returns data.
Exit Type
Evaluates the likelihood of a successful exit for investors, and the most likely exit type.
EFT Corporation Comparisons
Industry
Financing
Details
EFT Corporation Competitors (6)
One of EFT Corporation’s 6 competitors is Cellulant, a Venture Capital-Backed company based in Nairobi, Kenya.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Cellulant | Venture Capital-Backed | Nairobi, Kenya | ||||
| Paymentology | Private Equity-Backed | London, United Kingdom | ||||
| Interswitch | Private Equity-Backed | Lagos, Nigeria | ||||
| Bank Zero Mutual Bank | Pending Transaction (M&A) | Johannesburg, South Africa | ||||
| Network International | Private Equity-Backed | Dubai, United Arab Emirates |
EFT Corporation Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
-
Verticals
EFT Corporation Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
EFT Corporation Investors (6)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Development Partners International | PE/Buyout | Minority | ||
| Fireball Capital | Venture Capital | Minority | ||
| Hub71 | Accelerator/Incubator | Minority | ||
| FiTech Ventures | Venture Capital | Minority | ||
| Ocean on 76 | Corporation | Minority |
EFT Corporation Investments & Acquisitions (3)
EFT Corporation’s most recent deal was a Merger/Acquisition with EFT (Other Financial Services). The deal was made on 18-Jan-2024.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| EFT (Other Financial Services) | 18-Jan-2024 | Merger/Acquisition | Financial Software | ||
| Joint Venture (ForexPeople / Ukheshe Technologies) | 01-Jul-2021 | Joint Venture | Financial Software | ||
| Oltio | 20-Nov-2020 | Merger/Acquisition | Financial Software |
EFT Corporation FAQs
-
When was EFT Corporation founded?
EFT Corporation was founded in 2018.
-
Where is EFT Corporation headquartered?
EFT Corporation is headquartered in Port Louis, Mauritius.
-
What is the size of EFT Corporation?
EFT Corporation has 211 total employees.
-
What industry is EFT Corporation in?
EFT Corporation’s primary industry is Other Financial Services.
-
Is EFT Corporation a private or public company?
EFT Corporation is a Private company.
-
What is EFT Corporation’s current revenue?
The current revenue for EFT Corporation is .
-
How much funding has EFT Corporation raised over time?
EFT Corporation has raised $38.6M.
-
Who are EFT Corporation’s investors?
Development Partners International, Fireball Capital, Hub71, FiTech Ventures, and Ocean on 76 are 5 of 6 investors who have invested in EFT Corporation.
-
Who are EFT Corporation’s competitors?
Cellulant, Paymentology, Interswitch, Bank Zero Mutual Bank, and Network International are some of the 6 competitors of EFT Corporation.
Data Transparency
-
Meet our data hygiene team
Discover how our experts ensure you’re getting the most accurate financial data in the industry.
Read more -
How PitchBook sources data
Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.
Discover our process
