About Ozow
Ozow is a company based in Johannesburg (South Africa) founded in 2005 by Thomas PAYS.. Ozow has raised $48 million across 2 funding rounds from investors including Tencent, Endeavor and Kalon Venture Partners. Ozow operates in a competitive market with competitors including Flutterwave, Yoco, Network International, Dlocal and ACI Worldwide, among others.
- Headquarter Johannesburg, South Africa
- Founders Thomas PAYS
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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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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$48 M (USD)
in 2 rounds
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Latest Funding Round
$48 M (USD), Series B
Nov 17, 2021
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Investors
Tencent
& 2 more
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Employee Count
Employee Count
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Funding Insights of Ozow
Ozow has successfully raised a total of $48M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $48 million completed in November 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series B — $48.0M
- First Round First Round
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2021 | Amount | Series B - Ozow | Valuation | Tencent | |
| Jun, 2019 | Amount | Series A - Ozow | Valuation | Kalon Venture Partners |
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| 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 |
Investors in Ozow
Ozow has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Tencent, Endeavor and Kalon Venture Partners. 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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Endeavor is focused on supporting high-impact entrepreneurs globally.
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Founded Year | Domain | Location | |
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Venture capital funding is offered to technology startups in Africa.
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Founded Year | Domain | Location | |
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Value-added internet, mobile, and telecom services are provided in China.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Ozow
| 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 - Ozow
| 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 |
Ozow Comparisons
Competitors of Ozow
Ozow 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, Yoco, Network International, Dlocal and ACI Worldwide, 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 |
Provider of payment processing solutions for businesses
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| domain | founded_year | HQ Location |
Payment processing solutions are offered to businesses and merchants.
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| domain | founded_year | HQ Location |
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 |
Global payment processing is facilitated for businesses through diverse methods.
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| domain | founded_year | HQ Location |
Digital payments are processed and managed via specialized solutions.
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| 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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Latest news on Ozow
Frequently Asked Questions about Ozow
When was Ozow founded?
Ozow was founded in 2005 and raised its 1st funding round 14 years after it was founded.
Where is Ozow located?
Ozow is headquartered in Johannesburg, South Africa. It is registered at Johannesburg, Gauteng, South Africa.
Who is the current CEO of Ozow?
Thomas PAYS is the current CEO of Ozow. They have also founded this company.
Is Ozow a funded company?
Ozow is a funded company, having raised a total of $48M across 2 funding rounds to date.
What does Ozow do?
Ozow was founded in 2005 and is headquartered in Johannesburg, South Africa. Payment processing services are offered in the fintech sector, including gateways, QR-based payments, invoice payments, and link-based payments. Online transactions are enabled through creditdebit cards, bank transfers, and digital wallets. Security is enhanced by OzowPIN for confirming banking transactions. Operations focus on supporting merchants with reliable payment infrastructure.
Who are the top competitors of Ozow?
Ozow's top competitors include Flutterwave, Yoco and Network International.
Who are Ozow's investors?
Ozow has 3 investors. Key investors include Tencent, Endeavor, and Kalon Venture Partners.
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