About Efficacy Payments
Efficacy Payments is a company based in Cape Town (South Africa) founded in 2016 was acquired by Stitch in July 2025.. Efficacy Payments offers products and services including Digital Payment Systems and Point-of-Sale Devices. Efficacy Payments operates in a competitive market with competitors including Flutterwave, PayU, Yoco, Network International and Ozow, among others.
- Headquarter Cape Town, South Africa
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Sectors
Financial Services
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Email
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Phone
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Website
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Social
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- Legal Name Efficacy Payments (Pty) Ltd
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Products & Services of Efficacy Payments
Efficacy Payments offers a comprehensive portfolio of products and services, including Digital Payment Systems and Point-of-Sale Devices. 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.
Systems to enable electronic payments and displace cash in retail.
Devices for accepting card payments and offering additional services.
Funding Insights of Efficacy Payments
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in Efficacy Payments
Efficacy Payments has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Stitch. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Open banking API solutions are delivered for financial institutions.
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Efficacy Payments
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Efficacy Payments
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Efficacy Payments Comparisons
Competitors of Efficacy Payments
Efficacy Payments 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 Flutterwave, PayU, Yoco, Network International and Ozow, 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 |
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| domain | founded_year | HQ Location |
Provider of payment processing solutions for businesses
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Online payment processing and credit solutions are provided for businesses.
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Payment processing solutions are offered to businesses and merchants.
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Network International is recognized as a leading digital payment provider in the Middle East and Africa.
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| domain | founded_year | HQ Location |
Payment processing solutions are provided for businesses and merchants.
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| domain | founded_year | HQ Location |
Global payment processing is facilitated for businesses through diverse methods.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Efficacy Payments
Frequently Asked Questions about Efficacy Payments
When was Efficacy Payments founded?
Efficacy Payments was founded in 2016.
Where is Efficacy Payments located?
Efficacy Payments is headquartered in Cape Town, South Africa. It is registered at Cape Town, Western Cape, South Africa.
What does Efficacy Payments do?
Efficacy Payments was founded in 2016 in Cape Town, South Africa. Operations focus on the fintech sector, where electronic payment processing is facilitated for businesses. Card acceptance solutions for online transactions are offered, alongside options for customers to deposit cash into bank accounts via retailers. Services are utilized by banks, retailers, insurers, and small to medium enterprises across various markets.
Who are the top competitors of Efficacy Payments?
Efficacy Payments's top competitors include PayU, Flutterwave and Yoco.
What products or services does Efficacy Payments offer?
Efficacy Payments offers Digital Payment Systems and Point-of-Sale Devices.
Who are Efficacy Payments's investors?
Efficacy Payments has 1 investor. Key investors include Stitch.
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