Ecentric

Cape Town, South Africa Founded: 1998 • Age: 28 yrs
Payment solutions for ATM, PoS, and mobile wallets are delivered.

About Ecentric

Ecentric is a Financial Services company based in Cape Town (South Africa) founded in 1998. Payment solutions for ATM, PoS, and mobile wallets are delivered. Ecentric has completed 1 acquisition, including ThumbzUp. Its chief executive, as recorded, is Hassen Sheik. Its website ecentric.co.za draws about 47 thousand monthly visits. Ecentric offers products and services including In Person Payments, Online Payments, and ReconAssist. Its focus areas include FinTech, Payments, Enablers and Issuer Processor. Its legal entity is Ecentric Payment Systems.

Company details

Founded in 1998 and based in Cape Town, South Africa, Ecentric operates in the fintech sector with a focus on payment processing. Services encompass point-of-sale solutions, omnichannel gateways, white-label gift and loyalty card issuance, transaction reporting, fraud and risk management, telephonic payments, and mobile wallets. The PoS suite supports mobile payments, money transfers, prepaid purchases, and bill payments, including non-authenticated early order transactions.

Key Metrics

Products & Services of Ecentric

Ecentric offers a comprehensive portfolio of products and services, including In Person Payments, Online Payments, and ReconAssist.

In Person Payments
Payment Processing

Service for safe in-store payment and value-added processing.

Online Payments
Digital Payments

Platform enabling various online transaction experiences.

ReconAssist
Reconciliation Software

Tool for automated payment reconciliation and finance management.

Funding Insights of Ecentric

  • Total Rounds 1
  • Investors Count 1

All 1 funding rounds of Ecentric with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Mar 2019Private Equity Round–FSS
–
Valuation history

1 investors in total: 1 institutional.

Investors in Ecentric

Ecentric has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Financial Software and Systems.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Financial Software and Systems is engaged in providing payment technology solutions.
1991fsstech.comChennai, India
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Investor details for Ecentric

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Verified entity values are shown only after access is granted.

People of Ecentric

17 people are tracked at Ecentric (4 in leadership, 13 in team).

NameRoleGroup
Hassen Sheik
CEO & MDLeadership
Dan van der Westhuizen
Head Business Development - AfricaLeadership
Lehan le Grange
Chief Financial OfficerLeadership
Samuel Holtzkampf
Head Of Development And ProductLeadership
Natalie Gordon
Account ManagerTeam
Mia Odendaal
Marketing ManagerTeam
Charnré Coetzee
Account ManagerTeam
Shaun Shehab
Business Development & Senior Sales EngineerTeam
Rory Bosman
Executive For Sales And MarketingTeam
Keilan Patel
Sales And Marketing SpecialistTeam
Shaun Holley
Payments Industry Executive | C-suite LeaderTeam
Ridoh Gamildien
Solutions ArchitectTeam
Paul Wenborn
Senior Account Manager / Business DevelopmentTeam
Tanya Edwards
Finance ManagerTeam
Celeste Durrell Brown
Senior Business AnalystTeam
Johannes Rossouw
Web ArchitectTeam
Tim Kilian
Software DeveloperTeam
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Complete people profiles for Ecentric

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Investments & Acquisitions by Ecentric

Ecentric has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include ThumbzUp.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Wireless card payment terminal provider.
thumbzup.comCenturion, South Africa2012Oct 2023β€’β€’β€’β€’
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Complete acquisition details for Ecentric

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  • Acquired stakes
  • Deal sources
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  • Exports

Verified entity values are shown only after access is granted.

Timeline of Ecentric

3 dated milestones of Ecentric across 25 years, from founding to its latest funding, stage changes and deals.

  1. Founded Ecentric is founded.
  2. Funding First funding round.
  3. Acquisition Acquires ThumbzUp.

Web traffic of Ecentric

The website of Ecentric (ecentric.co.za) receives about 47.2K visits a month.

  • Monthly visits
    47.2K

    ▼ 18% vs previous month

Similar websites

Websites whose visitors overlap most with Ecentric. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
amazon.co.za
amazon.co.za
100%
#6,441–
sureswipe.co.za
96%
View details
facebook.com
89%
12.1B#3View details
linkedin.com
80%
1.9B#18View details
instagram.com
79%
7.1B#4View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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  • Audience overlap
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Verified entity values are shown only after access is granted.

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Related news about Ecentric

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Frequently Asked Questions about Ecentric

Ecentric was founded in 1998 and raised its 1st funding round 21 years after it was founded.

Ecentric is headquartered in Cape Town, South Africa. It is registered at Cape Town, Western Cape, South Africa.

Hassen Sheik is the CEO of Ecentric, as recorded in our data.

Founded in 1998 and based in Cape Town, South Africa, Ecentric operates in the fintech sector with a focus on payment processing. Services encompass point-of-sale solutions, omnichannel gateways, white-label gift and loyalty card issuance, transaction reporting, fraud and risk management, telephonic payments, and mobile wallets. The PoS suite supports mobile payments, money transfers, prepaid purchases, and bill payments, including non-authenticated early order transactions.

Ecentric offers In Person Payments, Online Payments, and ReconAssist.

Ecentric has made 1 acquisition, including ThumbzUp.

Ecentric has 1 investor. Key investors include Financial Software and Systems.

Ecentric operates through Ecentric Payment Systems.

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