About Tutuka
Tutuka is a Financial Services company based in Johannesburg (South Africa) founded in 1998, and was acquired by Apis Partners in September 2019. Prepaid cards and mobile companion cards are processed by Tutuka. Tutuka offers products and services including Flex, Sprint, Pro, Enterprise, and Customer Portal. Its focus areas include FinTech, Payments, Enablers and Issuer Processor.
Company details
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.
- Headquarters Johannesburg, South Africa
- Stage Acquired
- SectorsFinancial Services
- Website tutuka.com
- Social LinkedIn X
- Acquired by Apis Partners (Sep 2019)
- InvestorsPaycorp Holdings
& 1 more
- Acquired byApis Partners
(Sep 2019)
Products & Services of Tutuka
Tutuka offers a comprehensive portfolio of products and services, including Flex, Sprint, Pro, Enterprise, and Customer Portal.
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 Rounds 1
- Investors Count 1
All 1 funding rounds of Tutuka 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 2015 | Private Equity Round | – | Paycorp Holdings | – |
2 investors in total: 2 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity and venture capital asset management firm | apis.pe | London, United Kingdom | ||
Payment services provider and white label card issuer-processor. | 2010 | paycorp.co.za | Johannesburg, South Africa |
Investor details for Tutuka
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
Verified entity values are shown only after access is granted.
Timeline of Tutuka
3 dated milestones of Tutuka across 21 years, from founding to its latest funding, stage changes and deals.
- Founded Tutuka is founded.
- Funding First funding round.
- Exit Acquired by Apis Partners.
Web traffic of Tutuka
Websites that share an audience with Tutuka (tutuka.com).
Websites whose visitors overlap most with Tutuka. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| ecentric.co.za | 76% | 47.2K | #733,451 | View details | |
| sureswipe.co.za | 75% | View details |
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Related news about Tutuka
Complete news archive for Tutuka
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- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
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Frequently Asked Questions about Tutuka
Tutuka was founded in 1998 and raised its 1st funding round 17 years after it was founded.
Tutuka is headquartered in Johannesburg, South Africa. It is registered at Johannesburg, Gauteng, South Africa.
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.
Tutuka offers Flex, Sprint, Pro, Enterprise, and Customer Portal.
Tutuka has 2 investors. Key investors include Paycorp Holdings, and Apis Partners.
Yes. Tutuka was acquired by Apis Partners in September 2019.