Fundamo Overview

  • Year Founded
  • 2000

Year Founded

  • Status
  • Acquired/​Merged

  • Latest Deal Type
  • M&A

  • Latest Deal Amount
  • $110M

Fundamo General Information

Description

Provider of financial services through mobile phones. The company provides financial services platform which allows mobile network operators and financial institutions to launch services to meet their requirements. It also also offers banking and allows users to make payments from their mobile phone.

Contact Information

Website
www.fundamo.com
Ownership Status
Acquired/Merged
Financing Status
Formerly VC-backed
Corporate Office
  • PO Box 4010
  • Durbanville 7551
  • Cape Town
  • South Africa
+27 021
Primary Industry
Telecommunications Service Providers
Other Industries
Financial Software
Application Software
Acquirer
Visa
Vertical(s)
TMT, Mobile Commerce, FinTech, Mobile
Corporate Office
  • PO Box 4010
  • Durbanville 7551
  • Cape Town
  • South Africa
+27 021

Want detailed data on 3M+ companies?

What you see here scratches the surface

Request a free trial

Want to dig into this profile?

We’ll help you find what you need

Learn more

Fundamo Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
2. Merger/Acquisition 10-Jun-2011 $110M Completed Product Development
1. Later Stage VC 11-Jul-2007 Completed Product Development
To view Fundamo’s complete valuation and funding history, request access »

Fundamo Patents

  • 22

    Total Documents Applications and Grants

  • Total Patents Families

  • 1

    Granted

  • 1

    Pending

  • Expiring in next 12 mo

Fundamo Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
EP-2304663-A2 Mobile commerce payment system Inactive 14-May-2008
EP-2165305-A2 System for clearing financial transactions Inactive 30-May-2007
EP-2165305-A4 System for clearing financial transactions Inactive 30-May-2007
EP-2115633-A2 Transaction system with enhanced instruction recognition Inactive 18-Dec-2006
EP-2126856-A1 Portable payment device Inactive 18-Dec-2006 G07F7/1008
To view Fundamo’s complete patent history, request access »

Fundamo Former Investors (4)

Investor Name Investor Type Holding Investor Since Participating Rounds
HBD Venture Capital Venture Capital Minority
Knife Capital Venture Capital Minority
Sanlam Investments (Media and Information Services (B2B)) PE/Buyout Minority
VenFin Venture Capital Minority
To view Fundamo’s complete investors history, request access »

Ready to get started?

Request a free trial

Fundamo FAQs

  • When was Fundamo founded?

    Fundamo was founded in 2000.

  • Where is Fundamo headquartered?

    Fundamo is headquartered in Cape Town, South Africa.

  • What industry is Fundamo in?

    Fundamo’s primary industry is Telecommunications Service Providers.

  • Is Fundamo a private or public company?

    Fundamo is a Private company.

  • What is the current valuation of Fundamo?

    The current valuation of Fundamo is .

  • What is Fundamo’s current revenue?

    The current revenue for Fundamo is .

  • How much funding has Fundamo raised over time?

    Fundamo has raised $5.1M.

  • Who are Fundamo’s investors?

    HBD Venture Capital, Knife Capital, Sanlam Investments (Media and Information Services (B2B)), and VenFin have invested in Fundamo.

  • When was Fundamo acquired?

    Fundamo was acquired on 10-Jun-2011.

  • Who acquired Fundamo?

    Fundamo was acquired by Visa.

Data Transparency

  • Meet our data hygiene team

    Discover how our experts ensure you’re getting the most accurate financial data in the industry.

    Read blog »

  • 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 »