DafriBank

Mthatha, South Africa Founded: 2020 • Age: 6 yrs
Digital banking services are provided to individuals and businesses.
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About DafriBank

DafriBank is a company based in Mthatha (South Africa) founded in 2020.. DafriBank offers products and services including Zeus Game, Mahjongwins3, Sweet Bonanza, and Gates of Olympus. DafriBank operates in a competitive market with competitors including TymeBank, Kuda, Bank Zero, Curve Banking and Financial Services and Hcoin, among others.

  • Headquarter Mthatha, South Africa
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
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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. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

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 Funding
  • Total Rounds 1
  • Last Round
  • First Round
  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
Apr, 2022 Amount Seed - DafriBank Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investments & Acquisitions by DafriBank

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - DafriBank

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Dafribank Comparisons

Employees
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Competitors of DafriBank

DafriBank operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as TymeBank, Kuda, Bank Zero, Curve Banking and Financial Services and Hcoin, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Provider of the digital bank for individuals
domain founded_year HQ Location
Kuda is recognized as a digital banking app for Africans.
domain founded_year HQ Location
Internet-first bank for individuals & businesses
domain founded_year HQ Location
Serves as a mobile bank catering to retail and corporate customers.
domain founded_year HQ Location
Provides online payments, loans, deposits, and money transfers for African users.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Dafribank

Frequently Asked Questions about DafriBank

When was DafriBank founded?

DafriBank was founded in 2020 and raised its 1st funding round 2 years after it was founded.

Where is DafriBank located?

DafriBank is headquartered in Mthatha, South Africa. It is registered at Mthatha, Eastern Cape, South Africa.

What does DafriBank do?

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.

Who are the top competitors of DafriBank?

DafriBank's top competitors include TymeBank, Kuda and FNB.

What products or services does DafriBank offer?

DafriBank offers Zeus Game, Mahjongwins3, Sweet Bonanza, and Gates of Olympus.

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