About Retail Capital
Retail Capital is a Financial Services company based in Cape Town (South Africa) founded in 2011, and was acquired by TymeBank in August 2022. Flexible unsecured funding is offered to small and medium enterprises. Retail Capital has raised $41.7 million across 5 funding rounds from investors including TymeBank, Crossfin and Triodos Investment Management. Its website retailcapital.co.za draws about 33 thousand monthly visits. Retail Capital offers products and services including Business Funding. Its focus areas include FinTech, Alternative Lending, Online Lenders and Business Loans. Its legal entity is TymeBank Limited. Its competitors include Lula, WesBank and Bridgement; 1 of its 3 listed competitors has raised funding.
Company details
Retail Capital was founded in 2011 in Cape Town, South Africa, and operates in the business funding sector. Unsecured funding solutions are provided to small and medium enterprises through an online platform, with options tailored to specific needs such as monthly turnover-based repayments. Requirements include healthy business turnover and proof of ownership, targeting firms ineligible for conventional bank financing.
Products & Services of Retail Capital
Retail Capital offers a comprehensive portfolio of products and services, including Business Funding.
Provides unsecured loans for business growth and operations
Apps and channels of Retail Capital
its YouTube channel Retail Capital - a division of TymeBank has 368 subscribers and 30 videos.
Videos from Retail Capital
The most watched videos on Retail Capital's YouTube channel, Retail Capital - a division of TymeBank (368 subscribers). Click a video to play it here.
Funding Insights of Retail Capital
Retail Capital has successfully raised a total of $41.7M across 5 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $3.41 million completed in June 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 $41.7M
- Total Rounds 5
- Last Round Debt – Conventional — $3.41M
- First Round $7.5M
(May 2018)
- Investors Count 2
All 5 funding rounds of Retail Capital with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2021 | $3.41M | Debt – Conventional | – | – | |
| Jun 2020 | $6.2M | Debt – Conventional | – | – | – |
| Mar 2019 | $41.7M | Series B | – | Crossfin | – |
| Jun 2018 | $1.76M | Debt – Conventional | – | – | – |
| May 2018 | $7.5M | Debt – Conventional | – | – | – |
3 investors in total: 3 institutional.
Investors in Retail Capital
Retail Capital has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include TymeBank, Crossfin and Triodos Investment Management.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Diversified investment portfolios are managed for various clients. | triodos-im.com | Driebergen Rijsenburg, Netherlands | ||
Investor in and builder of FinTech businesses in emerging markets | 2017 | crossfin.co.za | Cape Town, South Africa | |
Provider of the digital bank for individuals | 2012 | tymebank.co.za | Johannesburg, South Africa |
Investor details for Retail Capital
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
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People of Retail Capital
18 people are tracked at Retail Capital (4 in leadership, 14 in team).
| Name | Role | Group |
|---|---|---|
Chad Tessendorf | Head Of Sales | Leadership |
Renata Coetzee | Partner & Aggregator Manager | Leadership |
Kevin Laithwaite | Head Of Digital Product | Leadership |
Charl Pienaar | Head Of Legal & Compliance | Leadership |
Julie da Silva Santos | Executive Assistant | Office Manager | Team |
Sean Jackson | IT Admin And Support Manager | Team |
Alan Phair | Devops Manager | Team |
Ian Hughes | Funding Specialist | Team |
Gabbi Carruthers | National Sales Manager | Team |
Craig McCulloch | National Client Retention Manager | Team |
Thea Olivier | Executive: Retail Capital Operations | Team |
Luca Massimo Merlo | Product Manager | Team |
Fern W. | Devops Engineer | Team |
Johann Eicher | Senior Software Engineer | Team |
Kye Westmoreland | Junior Developer (full-stack) | Team |
Christopher M. | Software Developer | Team |
Nolonwabo Madikizela | Funding Specialist | Team |
Shiraaj Sinclair | Business E-commerce Agent | Team |
Complete people profiles for Retail Capital
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
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Timeline of Retail Capital
4 dated milestones of Retail Capital across 11 years, from founding to its latest funding, stage changes and deals.
- Founded Retail Capital is founded.
- Funding First funding round of $7.5M.
- Funding Latest funding round, Debt – Conventional, of $3.4M.
- Exit Acquired by TymeBank.
Competitors of Retail Capital
Retail Capital has 3 listed competitors in our database, 1 of them funded. They include Lula, WesBank and Bridgement.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| lula.co.za | 2014 | Cape Town, South Africa | $41.5M | Digital business funding and banking solutions are provided for SMEs. | ||
| wesbank.co.za | 1970 | Randburg, South Africa | Operates a digital hub for consumer and business loan services. | |||
| bridgement.com | 2016 | Johannesburg, South Africa | Online invoice financing platform |
Detailed competitors of Retail Capital
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
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Web traffic of Retail Capital
The website of Retail Capital (retailcapital.co.za) receives about 32.9K visits a month.
- Monthly visits32.9K
▲ 38.3% vs previous month
Websites whose visitors overlap most with Retail Capital. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
bizcash.co.za | bizcash.co.za | 100% | #10,220,820 | – | |
| genfin.co.za | 88% | 22.7K | #1,324,447 | View details | |
resbank.co.za | resbank.co.za | 79% | #195,424 | – | |
aldes.co.za | aldes.co.za | 79% | #793,350 | – | |
| credibly.com | 68% | 68.5K | #473,854 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 13 similar websites and full traffic analytics for Retail Capital
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- 13 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
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Related news about Retail Capital
Complete news archive for Retail Capital
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- Older coverage
- Brand-specific news history
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Frequently Asked Questions about Retail Capital
Retail Capital was founded in 2011 and raised its 1st funding round 7 years after it was founded.
Retail Capital is headquartered in Cape Town, South Africa. It is registered at Cape Town, Western Cape, South Africa.
Retail Capital is a funded company, having raised a total of $41.7M across 5 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $7.5M, raised on May 2018.
Retail Capital was founded in 2011 in Cape Town, South Africa, and operates in the business funding sector. Unsecured funding solutions are provided to small and medium enterprises through an online platform, with options tailored to specific needs such as monthly turnover-based repayments. Requirements include healthy business turnover and proof of ownership, targeting firms ineligible for conventional bank financing.
Retail Capital's top competitors include Lula, Bridgement and WesBank.
Retail Capital offers Business Funding.
Retail Capital has 3 investors. Key investors include TymeBank, Crossfin, and Triodos Investment Management.
Retail Capital operates through Tymebank Limited.
Yes. Retail Capital was acquired by TymeBank in August 2022.