About Momentum
Momentum is a company based in Tshwane (South Africa) founded in 1966. It operates as a Subscription Services, and Commission-Based. Momentum offers products and services including Medical Aid, Life Insurance, Car & Home Insurance, Investments, and Savings Plans.
- Headquarter Tshwane, 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 Momentum Metropolitan Life Limited
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
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Employee Count
Employee Count
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Products & Services of Momentum
Momentum offers a comprehensive portfolio of products and services, including Medical Aid, Life Insurance, Car & Home Insurance, Investments, and Savings Plans. 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.
Affordable medical plans are offered for family coverage.
Life cover is provided with discounted premium options.
Flexible insurance is provided for vehicles and homes.
Local and offshore investment solutions are offered widely.
Long-term savings plans are designed for various goals.
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Finance and Accounting
50 people
Software Development Team
25 people
Sales and Marketing
21 people
Product Management Team
7 people
Leadership Team
6 people
Investment Team
4 people
Head: Team
3 people
Human Resources and Administration
3 people
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Funding Insights of Momentum
| 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 |
Investments & Acquisitions by Momentum
| 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 - Momentum
| 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 |
Momentum Comparisons
Competitors of Momentum
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Frequently Asked Questions about Momentum
When was Momentum founded?
Momentum was founded in 1966.
Where is Momentum located?
Momentum is headquartered in Tshwane, South Africa. It is registered at Tshwane, Gauteng, South Africa.
What does Momentum do?
Momentum, part of Momentum Metropolitan Life Limited, is engaged in providing a wide range of financial services across South Africa. Insurance solutions including medical aid, life cover, and car and home insurance are offered to individuals and corporates. Investment and savings plans, both local and offshore, are provided to build wealth and secure futures. Estate planning services, such as Will drafting and trust administration, are also included in their portfolio. The company operates in the financial sector, focusing on personalized advice and innovative rewards programs to enhance client value.
What products or services does Momentum offer?
Momentum offers Medical Aid, Life Insurance, Car & Home Insurance, Investments, and Savings Plans.