About Setcom
Setcom is a company based in Sandton (South Africa) founded in 1998 by David Liu was acquired by DPO Group in December 2017.. Setcom operates in a competitive market with competitors including PayU, CyberSource, Wirecard, Peach Payments and Precium, among others.
- Headquarter Sandton, South Africa
- Founders David Liu
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Sectors
Financial Services
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Phone
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Website
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Social
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Funding Insights of Setcom
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Setcom
Setcom has secured backing from 1 investor. Prominent investors backing the company include DPO Group. 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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Cross-border money transfers are enabled for businesses by DPO Group.
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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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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 Setcom
| 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 - Setcom
| 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 |
Setcom Comparisons
Competitors of Setcom
Setcom 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 PayU, CyberSource, Wirecard, Peach Payments and Precium, 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 |
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| domain | founded_year | HQ Location |
Online payment processing and credit solutions are provided for businesses.
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| domain | founded_year | HQ Location |
Global e-commerce payment processing and security services are managed.
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| domain | founded_year | HQ Location |
Payment processing solutions are provided for businesses and merchants.
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| domain | founded_year | HQ Location |
Payment gateway solutions are offered to businesses and merchants.
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| domain | founded_year | HQ Location |
Online payment solutions for businesses are provided by Precium.
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| domain | founded_year | HQ Location |
Comprehensive payment solutions are provided to online merchants worldwide.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Setcom
When was Setcom founded?
Setcom was founded in 1998.
Where is Setcom located?
Setcom is headquartered in Sandton, South Africa. It is registered at Sandton, Gauteng, South Africa.
Who is the current CEO of Setcom?
Eran Feinstein is the current CEO of Setcom.
What does Setcom do?
Setcom was established in 1998 in Sandton, South Africa, within the fintech sector. An API-integrated payment gateway is operated to support e-commerce businesses. Online and mobile card payments, along with EFT transactions, are processed securely. Transaction fees are set starting from R1.20 per transaction. Operations focus on facilitating digital payment solutions across regional markets.
Who are the top competitors of Setcom?
Setcom's top competitors include PayU, CyberSource and Wirecard.
Who are Setcom's investors?
Setcom has 1 investor. Key investors include DPO Group.
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