About Connect
Connect is a company based in Sandton (South Africa) founded in 2006 by Richard Phillips was acquired by NET1 in November 2021. It operates as a FinTech and Managed Services. Connect offers products and services including Cash Connect, Capital Connect, Card Connect, and EasyPay MoneyMarket.
- Headquarter Sandton, South Africa
- Founders Richard Phillips
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website connected.co.za
- Social LinkedIn X Facebook
- Acquired by NET1 (Nov 2021)
- Legal Name Cash Connect Management Solutions (Proprietary) Limited
Products & Services of Connect
Connect offers a comprehensive portfolio of products and services, including Cash Connect, Capital Connect, Card Connect, and EasyPay MoneyMarket.
Automated cash handling solutions are provided for retailers.
Fast business funding is offered to retailers.
Card payment solutions are delivered for retail transactions.
Prepaid services are provided for retail transactions.
Apps and channels of Connect
Connect publishes 2 mobile apps with over 10K+ downloads.
Investors in Connect
Connect has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Net1.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Payment processing solutions are offered for businesses in developing economies. | 1989 | net1.com | Johannesburg, South Africa |
Investor details for Connect
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Connect
9 people are tracked at Connect (6 in leadership, 3 in team).
| Name | Role | Group |
|---|---|---|
Richard Phillips | Founder | Leadership |
Steven Heilbron | CEO | Leadership |
Neil Davis | Group Financial Director (connect Group) | Leadership |
Revasan Reddy | Chief Information Officer | Leadership |
Martin Wright | CEO Kazang And Card Connect. Board Member Connect Group | Leadership |
Naeem E. Kola | Chief Financial Officer (lesaka) | Leadership |
Owen mc Millan | Business Consultant | Team |
Thabang Pule | Capital Growth Specialist | Team |
Mira Sydow | Product Owner | Team |
Complete people profiles for Connect
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Connect
2 dated milestones of Connect across 15 years, from founding to its latest funding, stage changes and deals.
- Founded Connect is founded.
- Exit Acquired by NET1.
Web traffic of Connect
The website of Connect (connected.co.za) receives about 7.5K visits a month.
- Monthly visits7.5K
▼ 35.8% vs previous month
Websites whose visitors overlap most with Connect. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
easypayvoucher.co.za | easypayvoucher.co.za | 100% | – | #2,554,081 | – |
Similar companies to Connect
10 companies that operate in the same segment as Connect (Banking & FinTech Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online business banking and financial workflow tools are provided. | 2010 | San Francisco, California, United States | USD 546 M | – | – | |
Tide is recognized as a digital banking platform for businesses. | 2015 | London, England, United Kingdom | USD 221.42 M | – | – | |
Digital banking services are offered to individuals via mobile apps. | 2012 | San Francisco, California, United States | USD 3.16 B | USD 1.96 B | 1,440 | |
Banking solutions are provided for retail customers and businesses. | 2015 | London, England, United Kingdom | USD 1.99 B | – | – | |
Internet first bank for individuals and businesses | 2015 | London, England, United Kingdom | USD 1.9 B | – | – | |
Digital sustainable banking services are offered to consumers. | 2013 | Los Angeles, California, United States | USD 865 M | – | 237 | |
Digital banking services are offered to consumers and businesses. | 2014 | London, England, United Kingdom | USD 1.06 B | USD 813.42 M | 3,231 | |
Payment and banking solutions are provided to users and banks. | 2015 | San Ramon, California, United States | USD 390 M | USD 532.2 K | 3 | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.16 B | – | 1 | |
Digital banking services are provided for individuals and businesses. | 2014 | Blyth, United Kingdom | USD 852.48 M | – | – |
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Frequently Asked Questions about Connect
Connect was founded in 2006.
Connect is headquartered in Sandton, South Africa. It is registered at Sandton, Gauteng, South Africa.
Steven Heilbron is the current CEO of Connect.
Comprehensive fintech solutions are offered by Connect to support retail businesses in South Africa. Services include automated cash management through Cash Connect, rapid business funding via Capital Connect, card payment solutions with Card Connect, and prepaid services under EasyPay MoneyMarket. These solutions are designed to enhance efficiency and growth for small and medium enterprises in the retail sector. The focus is placed on connecting retailers with opportunities to maximize business potential through innovative financial technology.
Connect offers Cash Connect, Capital Connect, Card Connect, and EasyPay MoneyMarket.
Connect has 1 investor. Key investors include Net1.
Connect operates through Cash Connect Management Solutions (Proprietary) Limited.
Yes. Connect was acquired by NET1 in November 2021.
Yes. Connect publishes Connected App and 1 more app, with over 10,000 downloads.