Innervation Pan African Payments

Johannesburg, South Africa Founded: 2000 • Age: 26 yrs
PCI level 1 payment solutions are provided for African merchants.
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About Innervation Pan African Payments

Innervation Pan African Payments is a company based in Johannesburg (South Africa) founded in 2000.. Innervation Pan African Payments offers products and services including Card Machines, POS Integrations, Payment Gateway, Loyalty Rewards, and Payouts Solutions. Innervation Pan African Payments operates in a competitive market with competitors including ECS Fin, SwitchPay and Causal Nexus, among others.

  • Headquarter Johannesburg, South Africa
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Adumo (Rf) Pty Ltd
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 Innervation Pan African Payments

Innervation Pan African Payments offers a comprehensive portfolio of products and services, including Card Machines, POS Integrations, Payment Gateway, Loyalty Rewards, and Payouts Solutions. 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

Devices for accepting card payments in retail environments.

Software linking payments with business management tools.

Platform for secure website transaction processing.

System for managing dynamic rewards and gift cards.

Tools for payroll and incentive distribution.

Funding Insights of Innervation Pan African Payments

  • Total Funding
  • Total Rounds 1
  • Last Round
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Apr, 2009 Amount Seed - Innervation Pan African Payments 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

Investors in Innervation Pan African Payments

Innervation Pan African Payments has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Capital Eye Investments. 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
Venture Fund
Investor Description Founded Year Domain Location
-
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 Innervation Pan African Payments

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 - Innervation Pan African Payments

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

Innervation Pan African Payments Comparisons

Employees
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Competitors of Innervation Pan African Payments

Innervation Pan African 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 ECS Fin, SwitchPay and Causal Nexus, 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
Payments and transaction processing solutions are provided for financial institutions.
domain founded_year HQ Location
Alternative payment solutions for merchants
domain founded_year HQ Location
Builds payment systems for banking, payments processing, and retail industries.
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 Innervation Pan African Payments

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Frequently Asked Questions about Innervation Pan African Payments

When was Innervation Pan African Payments founded?

Innervation Pan African Payments was founded in 2000 and raised its 1st funding round 9 years after it was founded.

Where is Innervation Pan African Payments located?

Innervation Pan African Payments is headquartered in Johannesburg, South Africa. It is registered at Johannesburg, Gauteng, South Africa.

What does Innervation Pan African Payments do?

Innervation offers PCI level-1 retail and online payment acceptance solutions to African market. Its solutions include back-channel card acceptance software used in conjunction with PoS devices, called Destiny Card Payments. It offers P2PE and Tokenization services as measures of security, also provides a secure server separate from the store in which card transactions can be safely completed. Its switch is connected with major African banks and card issuers. It also provides mPoS devices powered by ikhokha, white label gift and loyalty card issuing, merchant cash advance and reconciliation services as well.

Who are the top competitors of Innervation Pan African Payments?

Innervation Pan African Payments's top competitors include ECS Fin, SwitchPay and Causal Nexus.

What products or services does Innervation Pan African Payments offer?

Innervation Pan African Payments offers Card Machines, POS Integrations, Payment Gateway, Loyalty Rewards, and Payouts Solutions.

Who are Innervation Pan African Payments's investors?

Innervation Pan African Payments has 1 investor. Key investors include Capital Eye Investments.

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