EFT Corporation

Midrand, South Africa Founded: 1999 • Age: 27 yrs Acquired By Ukheshe
Provider of payment processing solutions

About EFT Corporation

EFT Corporation is a company based in Midrand (South Africa) founded in 1999 was acquired by Ukheshe in January 2024.. EFT Corporation has completed 1 acquisition, including Zamlink.

  • Headquarter Midrand, South Africa
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Eft
Operational Areas
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
  • Acquired by
    Ukheshe

    (Jan 18, 2024)

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People of EFT Corporation
Headcount 50-200
Employee Profiles 4
Employee Profiles
People
Stephen Enderby
Chief Executive Officer
People
George O.
Business Development Executive
People
Tawanda Wenyika
Business Development Executive

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Funding Insights of EFT Corporation

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

Investors in EFT Corporation

EFT Corporation has secured backing from 1 investor. Prominent investors backing the company include Ukheshe. 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.

All
Investor Description Founded Year Domain Location
End-to-end electronic payment solutions, including hardware and software, are provided.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by EFT Corporation

EFT Corporation has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Zamlink. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

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
Acquisitions
Company Name Description Domain Location Founded Year Amount
Provider of web hosting services
2003
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - EFT Corporation

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

Eft Corporation Comparisons

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Competitors of EFT Corporation

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 Eft Corporation

Frequently Asked Questions about EFT Corporation

When was EFT Corporation founded?

EFT Corporation was founded in 1999.

Where is EFT Corporation located?

EFT Corporation is headquartered in Midrand, South Africa. It is registered at Midrand, Gauteng, South Africa.

Who is the current CEO of EFT Corporation?

Stephen Enderby is the current CEO of EFT Corporation.

What does EFT Corporation do?

EFT Corporation was established in 1999 and is based in Midrand, South Africa. Electronic funds transfer and payment processing services are delivered by the company within the financial technology sector. Operations focus on facilitating secure transactions for businesses and institutions across the region. Leadership is held by CEO Stephen Enderby, with activities centered on core payment infrastructure needs.

How many acquisitions has EFT Corporation made?

EFT Corporation has made 1 acquisition, including Zamlink.

Who are EFT Corporation's investors?

EFT Corporation has 1 investor. Key investors include Ukheshe.

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