About Tutuka
Tutuka is a company based in Johannesburg (South Africa) founded in 1998 was acquired by Apis Partners in September 2019.. Tutuka offers products and services including Flex, Sprint, Pro, Enterprise, and Customer Portal. Tutuka operates in a competitive market with competitors including Worldpay, Heartland Payment Systems, Euronet Worldwide, Adyen and Marqeta, among others.
- Headquarter Johannesburg, South Africa
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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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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
Paycorp Holdings
& 1 more
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Employee Count
Employee Count
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Acquired by
Apis Partners
(Sep 04, 2019)
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Products & Services of Tutuka
Tutuka offers a comprehensive portfolio of products and services, including Flex, Sprint, Pro, Enterprise, and Customer Portal. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for easy card-issuing and programme management
Modern integration for fintech card services
Solutions for banks and fintechs in card processing
Customized card issuing for large banks
Portal for card issuance and programme control
Funding Insights of Tutuka
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2015 | Amount | Private Equity Round - Tutuka | Valuation | Paycorp Holdings |
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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 Tutuka
Tutuka has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Paycorp Holdings and Apis 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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Private equity and venture capital asset management firm
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Founded Year | Domain | Location | |
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Payment services provider and white label card issuer-processor.
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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 Tutuka
| 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 - Tutuka
| 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 |
Tutuka Comparisons
Competitors of Tutuka
Tutuka 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 Worldpay, Heartland Payment Systems, Euronet Worldwide, Adyen and Marqeta, 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 |
Payment services and analytics solutions are provided for businesses.
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| domain | founded_year | HQ Location |
Payment processing, POS and Gift Card services
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| domain | founded_year | HQ Location |
Electronic payments and transaction processing solutions are offered globally.
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| domain | founded_year | HQ Location |
Payment issuance and processing solutions are provided for businesses.
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| domain | founded_year | HQ Location |
Card-issuing and payment processing solutions are offered to businesses.
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| domain | founded_year | HQ Location |
Merchant acquiring and card processing services are provided in Brazil.
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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 Tutuka
Frequently Asked Questions about Tutuka
When was Tutuka founded?
Tutuka was founded in 1998 and raised its 1st funding round 17 years after it was founded.
Where is Tutuka located?
Tutuka is headquartered in Johannesburg, South Africa. It is registered at Johannesburg, Gauteng, South Africa.
What does Tutuka do?
Founded in 1998, Tutuka operates as a processor and white-label issuer of Visa and Mastercard prepaid cards, along with mobile companion cards linked to digital wallets for offline payments. An API is offered for integration into host websites and systems. The company is based in Johannesburg, South Africa, and focuses on facilitating secure payment solutions in the fintech sector.
Who are the top competitors of Tutuka?
Tutuka's top competitors include Worldpay, Adyen and Euronet Worldwide.
What products or services does Tutuka offer?
Tutuka offers Flex, Sprint, Pro, Enterprise, and Customer Portal.
Who are Tutuka's investors?
Tutuka has 2 investors. Key investors include Paycorp Holdings, and Apis Partners.
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