Payfast

Cape Town, South Africa Founded: 2007 • Age: 19 yrs Acquired By DPO Group
Diversified payment processing solution for individuals
Annual revenue - Latest available
Total funding - Funding intelligence
Employees - Tracked headcount
Investors 1 Known backers
Products 3 Services tracked
Competitors 9 Brand Intelligence

About Payfast

Payfast is a company based in Cape Town (South Africa) founded in 2007 was acquired by DPO Group in July 2019. Payfast offers products and services including Payment Gateway, Ecommerce Integration, and Point-of-Sale Device. Payfast operates in a competitive market with competitors including Flutterwave, PayU, Network International, Yoco and ACI Worldwide, among others.

  • Headquarter Cape Town, South Africa
  • Sectors
    Financial Services
  • Email
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  • Phone
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  • Website
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Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • 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
  • Employee Count
    Not available
  • Acquired by
    DPO Group

    (Jul 30, 2019)

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Products & Services of Payfast

Payfast offers a comprehensive portfolio of products and services, including Payment Gateway, Ecommerce Integration, and Point-of-Sale Device.

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Primary

Enables secure online payment acceptance for businesses.

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Facilitates instant payments on online stores.

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Supports contactless transactions in physical stores.

Funding Insights of Payfast

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Detailed funding history for Payfast

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Investors in Payfast

Payfast has secured backing from 1 investor. Prominent investors backing the company include DPO Group.

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Investor Description Founded Year Domain Location
Cross-border money transfers are enabled for businesses by DPO Group.
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Investor details for Payfast

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Investments & Acquisitions by Payfast

Investments
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Investment portfolio details for Payfast

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  • Portfolio identities
  • Transaction dates
  • Round details
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Financial Statements - Payfast

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Detailed financials for Payfast

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  • Profit trends
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Payfast Comparisons

Payfast Primary company
Description
Diversified payment processing solution for individuals
Location
Cape Town, South Africa
Founded Year
2007
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Payfast

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Competitors of Payfast

Payfast 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, Network International, Yoco and ACI Worldwide, among others.

Company Name Domain Founded year HQ Location Description
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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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Network International is recognized as a leading digital payment provider in the Middle East and Africa.
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Payment processing solutions are offered to businesses and merchants.
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Digital payments are processed and managed via specialized solutions.
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Global e-commerce payment processing and security services are managed.
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Detailed competitors of Payfast

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Latest news on Payfast

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Complete news archive for Payfast

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  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Payfast

Payfast was founded in 2007.

Payfast is headquartered in Cape Town, South Africa. It is registered at Cape Town, Western Cape, South Africa.

Diversified payment processing solution for individuals. Offers payment gateway for businesses to accept online payments. Enables to receive instant payments for online stores, pay processing at events, invoice processing, accepting donations, subscription payments, and more.

Payfast's top competitors include PayU, Flutterwave and Yoco.

Payfast offers Payment Gateway, Ecommerce Integration, and Point-of-Sale Device.

Payfast has 1 investor. Key investors include DPO Group.

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