Nobuntu
Private Equity Round in 2019
Nobuntu is a South African company focused on designing and distributing community-oriented savings products aimed at enhancing retirement preparedness for individuals. With a mission to ensure that all South Africans can age comfortably, Nobuntu offers innovative solutions that include funeral cover and pension savings products. These services are crafted to support employees and their families, enabling them to benefit from a community-driven approach to savings and insurance. By addressing the challenges of retirement planning, Nobuntu seeks to transform the retirement savings landscape in South Africa, ensuring that comfort in old age is accessible to everyone, regardless of their initial planning efforts.
Retail Capital
Private Equity Round in 2019
Retail Capital is a financial services company based in Cape Town, South Africa, with additional offices in Sandton and Durban. Established in 2011, it specializes in providing working capital and loans to small and medium-sized businesses, addressing their cash flow needs. The company offers a flexible alternative to traditional business loans by purchasing a future flow of card transactions from merchants at a discounted rate. This arrangement allows businesses to receive upfront cash advances, which can be used for expansion and operational needs. Retail Capital's services are particularly significant given that small to medium-sized enterprises contribute over 65% of employment and 50% of GDP in South Africa, highlighting the vital role they play in the economy and the importance of accessible funding for their growth and sustainability.
Yoyo
Venture Round in 2017
wiGroup is a SaaS provider that has developed leading Loyalty & Rewards and mCommerce products. Through these, we enable clients to deliver solutions that increase engagement, retention, sales, basket size, speed of checkout, and frequency of spend. Our tech is currently used by retailers, brands, insurance companies, banks, quick service hospitality restaurants, and a host of other businesses looking to deliver value through mobile. The platform was launched in 2007 and is based in Cape Town, South Africa.
Alacrity Technologies
Venture Round in 2017
Alacrity Technologies is a privately held technology company specializing in IT services and customized software solutions tailored to specific business and technology sectors. With over 16 years of experience, Alacrity serves the South African financial services, retail, and logistics industries, delivering exceptional technology solutions and strategic IT consulting. The company focuses on providing automated testing, system analysis, and short-term technical resource augmentation services, which help clients maintain business continuity and manage risks effectively. Through its expertise, Alacrity Technologies aims to empower small to medium-sized enterprises with the necessary tools and resources to navigate their technology needs.