About Ukheshe
Ukheshe is a company based in Johannesburg (South Africa) founded in 2018.. Ukheshe has completed 2 acquisitions, including EFT Corporation and Oltio. Ukheshe offers products and services including Payment Processing, Hosted Services, eCommerce Platform, Switching Services, and Professional Services. Ukheshe operates in a competitive market with competitors including MoneyGram, M2P Fintech, Prime Trust, AuthBridge and Stitch, among others.
- Headquarter Johannesburg, South Africa
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Sectors
Financial Services
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Email
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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
DPI
& 1 more
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Employee Count
Employee Count
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Investments & Acquisitions
EFT Corporation
& 1 more
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Products & Services of Ukheshe
Ukheshe offers a comprehensive portfolio of products and services, including Payment Processing, Hosted Services, eCommerce Platform, Switching Services, and Professional Services. 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.
Solutions for modernizing payment capabilities and transactions.
End-to-end solutions for secure electronic payments and compliance.
Affordable and flexible tools for online sales and payment integration.
Systems for managing secure financial transactions and banking.
Implementation and support for customized payment solutions.
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Funding Insights of Ukheshe
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2022 | Amount | Series A - Ukheshe | Valuation | Development Partners International |
| 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 Ukheshe
Ukheshe has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include DPI and Fireball Capital. 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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A premier African investment firm focused on high-growth businesses.
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Founded Year | Domain | Location | |
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Venture capital and acceleration are provided to tech sectors.
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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 Ukheshe
Ukheshe has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include EFT Corporation and Oltio. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Authenticated mobile solutions for secure online payments are provided.
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2010 | ||||
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Provider of payment processing solutions
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1999 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Ukheshe
| 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 |
Ukheshe Comparisons
Competitors of Ukheshe
Ukheshe 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 MoneyGram, M2P Fintech, Prime Trust, AuthBridge and Stitch, 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 |
Cross-border payments are enabled via wallet solutions for consumers.
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| domain | founded_year | HQ Location |
Banking, lending, and payment solutions are provided via custom APIs.
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| domain | founded_year | HQ Location |
Cloud-based AML and banking API solutions are provided for institutions.
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| domain | founded_year | HQ Location |
Identity verification, employee screening, and due diligence platforms are provided.
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| domain | founded_year | HQ Location |
Open banking API solutions are delivered for financial institutions.
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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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Latest news on Ukheshe
Frequently Asked Questions about Ukheshe
When was Ukheshe founded?
Ukheshe was founded in 2018 and raised its 1st funding round 4 years after it was founded.
Where is Ukheshe located?
Ukheshe is headquartered in Johannesburg, South Africa. It is registered at Johannesburg, Gauteng, South Africa.
Who is the current CEO of Ukheshe?
Clayton Hayward is the current CEO of Ukheshe.
What does Ukheshe do?
Founded in 2018 and based in Johannesburg, South Africa, end-to-end electronic payment solutions are offered by the company within the fintech sector. Hardware and software for payment processing, e-commerce platforms, and hosted services are included, along with implementation support such as business analysis, installation, configuration, and monitoring. Transaction switching, value-added services, and point-of-sale systems are also supported through subsidiaries specializing in payment and switching operations.
Who are the top competitors of Ukheshe?
Ukheshe's top competitors include MoneyGram, M2P Fintech and Stitch.
What products or services does Ukheshe offer?
Ukheshe offers Payment Processing, Hosted Services, eCommerce Platform, Switching Services, and Professional Services.
How many acquisitions has Ukheshe made?
Ukheshe has made 2 acquisitions, including EFT Corporation, and Oltio.
Who are Ukheshe's investors?
Ukheshe has 2 investors. Key investors include DPI, and Fireball Capital.