SwitchPay

Sandton, South Africa Founded: 2018 • Age: 8 yrs Acquired By Adumo
Alternative payment solutions for merchants
Annual revenue - Latest available
Total funding - Funding intelligence
Employees - Tracked headcount
Investors 1 Known backers
Products 4 Services tracked
Competitors 4 Brand Intelligence

About SwitchPay

SwitchPay is a company based in Sandton (South Africa) founded in 2018 by Martin Van Heerden was acquired by Adumo in November 2021. SwitchPay offers products and services including Payment Gateway, Card Machines, Loyalty Rewards, and Gift Cards. SwitchPay operates in a competitive market with competitors including ECS Fin, Innervation Pan African Payments and Causal Nexus, among others.

  • Headquarter Sandton, South Africa
  • Founders Martin Van Heerden
  • Sectors
    Financial Services
  • Email
    Locked
  • Phone
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  • Website
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  • Social
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  • Legal Name Adumo (Rf) Pty Ltd
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    Not available
  • Acquired by
    Adumo

    (Nov 30, 2021)

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Products & Services of SwitchPay

SwitchPay offers a comprehensive portfolio of products and services, including Payment Gateway, Card Machines, Loyalty Rewards, and Gift Cards.

Product name locked
Category locked
Primary

Platform for accepting multiple payment types on websites.

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Devices for in-store payment acceptance and processing.

Product name locked
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Solution for dynamic loyalty programs to boost retention.

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Custom branded cards for business incentives and rewards.

Funding Insights of SwitchPay

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Detailed funding history for SwitchPay

Round names, dates, amounts, investors, and valuation history require an active premium plan.

  • Round names and dates
  • Funding amounts
  • Participating investors
  • Valuation history

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Investors in SwitchPay

SwitchPay has secured backing from 1 investor. Prominent investors backing the company include adumo.

All
Investor Description Founded Year Domain Location
Multi-channel payment processing and engagement solutions are offered.
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Investor details for SwitchPay

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  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

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Investments & Acquisitions by SwitchPay

Investments
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Investment portfolio details for SwitchPay

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  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

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Financial Statements - SwitchPay

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Detailed financials for SwitchPay

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  • Historical revenue
  • Profit trends
  • Statement rows
  • Financial ratios

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Switchpay Comparisons

SwitchPay Primary company
Description
Alternative payment solutions for merchants
Location
Sandton, South Africa
Founded Year
2018
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for SwitchPay

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  • Named peers
  • Headcount comparison
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  • Operating benchmarks

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Competitors of SwitchPay

SwitchPay 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 ECS Fin, Innervation Pan African Payments and Causal Nexus, among others.

Company Name Domain Founded year HQ Location Description
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Payments and transaction processing solutions are provided for financial institutions.
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PCI level 1 payment solutions are provided for African merchants.
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Builds payment systems for banking, payments processing, and retail industries.
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Detailed competitors of SwitchPay

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  • Domains and locations
  • Full company profiles
  • Operating metrics
  • Competitive positioning

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Latest news on Switchpay

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Complete news archive for SwitchPay

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

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Frequently Asked Questions about SwitchPay

SwitchPay was founded in 2018.

SwitchPay is headquartered in Sandton, South Africa. It is registered at Sandton, Gauteng, South Africa.

Justin Hawkins is the current CEO of SwitchPay.

SwitchPay was founded in 2018 and is headquartered in Sandton, South Africa. Alternative payment solutions are offered in the fintech sector, enabling merchants to integrate services on POS card machines. Customers and businesses access finance options through unique QR codes and an online platform. Operations support payment processing for merchants across the region.

SwitchPay's top competitors include ECS Fin, Innervation Pan African Payments and Causal Nexus.

SwitchPay offers Payment Gateway, Card Machines, Loyalty Rewards, and Gift Cards.

SwitchPay has 1 investor. Key investors include adumo.

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