
About DafriBank
DafriBank is a Financial Services company based in Mthatha (South Africa) founded in 2020. Digital banking services are provided to individuals and businesses. DafriBank offers products and services including Zeus Game, Mahjongwins3, Sweet Bonanza, and Gates of Olympus. Its focus areas include FinTech, Banking Tech, Internet First Banks and Digital Native Banks. Its competitors include TymeBank, Bank Zero and Curve Banking and Financial Services; 1 of its 3 listed competitors has raised funding.
Company details
DafriBank was founded in 2020 in Mthatha, South Africa, operating within the financial services sector. Digital banking solutions are extended to individuals and businesses through savings accounts, business accounts, and NFC-enabled prepaid cards for online and offline transactions. Bill payments and money transfers are facilitated, alongside merchant APIs and DeFi loans. Core activities emphasize accessible financial tools in the region.
- Headquarters Mthatha, South Africa
- SectorsFinancial Services
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- Website dafribank.com
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Products & Services of DafriBank
DafriBank offers a comprehensive portfolio of products and services, including Zeus Game, Mahjongwins3, Sweet Bonanza, and Gates of Olympus.
Online slot featuring RTP and scatter patterns for gameplay.
Game with auto scatter mechanics for enhanced user interaction.
Slot title with jackpot features based on RTP calculations.
Platform game offering petir multipliers and maxwin opportunities.
Funding Insights of DafriBank
- Total Rounds 1
All 1 funding rounds of DafriBank with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2022 | Seed | β | β | β |
Timeline of DafriBank
2 dated milestones of DafriBank across 2 years, from founding to its latest funding, stage changes and deals.
- Founded DafriBank is founded.
- Funding First funding round.
Competitors of DafriBank
DafriBank has 3 listed competitors in our database, 1 of them funded. They include TymeBank, Bank Zero and Curve Banking and Financial Services.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| tymebank.co.za | 2012 | Johannesburg, South Africa | $13.34M | Provider of the digital bank for individuals | ||
| bankzero.co.za | 2016 | Johannesburg, South Africa | Internet-first bank for individuals & businesses | |||
| curvebank.com | 2015 | Johannesburg, South Africa | Serves as a mobile bank catering to retail and corporate customers. |
Detailed competitors of DafriBank
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- Operating metrics
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Related news about Dafribank
Complete news archive for DafriBank
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- Full article archive
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Frequently Asked Questions about DafriBank
DafriBank was founded in 2020 and raised its 1st funding round 2 years after it was founded.
DafriBank is headquartered in Mthatha, South Africa. It is registered at Mthatha, Eastern Cape, South Africa.
DafriBank was founded in 2020 in Mthatha, South Africa, operating within the financial services sector. Digital banking solutions are extended to individuals and businesses through savings accounts, business accounts, and NFC-enabled prepaid cards for online and offline transactions. Bill payments and money transfers are facilitated, alongside merchant APIs and DeFi loans. Core activities emphasize accessible financial tools in the region.
DafriBank's top competitors include TymeBank, Bank Zero and Curve Banking and Financial Services.
DafriBank offers Zeus Game, Mahjongwins3, Sweet Bonanza, and Gates of Olympus.
