About Ukheshe
Ukheshe is a Financial Services company based in Johannesburg (South Africa) founded in 2018. End-to-end electronic payment solutions, including hardware and software, are provided. Ukheshe has completed 2 acquisitions, including EFT Corporation and Oltio. Its chief executive, as recorded, is Clayton Hayward. Ukheshe offers products and services including Payment Processing, Hosted Services, eCommerce Platform, Switching Services, and Professional Services. Its focus areas include FinTech, Banking Tech, Open Banking and Banking APIs. Its competitors include Stitch, Slide Financial and MobiCash; 1 of its 3 listed competitors has raised funding.
Company details
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.
- Headquarters Johannesburg, South Africa
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website ukheshe.com
- Social LinkedIn X Facebook
- InvestorsDPI
& 1 more
- Investments & AcquisitionsEFT Corporation
& 1 more
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.
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.
Funding Insights of Ukheshe
- Total Rounds 1
- Investors Count 2
All 1 funding rounds of Ukheshe 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 |
|---|---|---|---|---|---|
| Dec 2022 | Series A | – | Development Partners International |
2 investors in total: 2 institutional.
Investors in Ukheshe
Ukheshe has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include DPI and Fireball Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
A premier African investment firm focused on high-growth businesses. | 2007 | dpi-llp.com | London, United Kingdom | |
Venture capital and acceleration are provided to tech sectors. | fireballcapital.co.za | Newlands, South Africa |
Investor details for Ukheshe
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Ukheshe
5 people are tracked at Ukheshe (3 in leadership, 2 in team).
| Name | Role | Group |
|---|---|---|
Clayton Hayward | CEO | Leadership |
Stephen Enderby | Chief Executive Officer | Leadership |
Paul Selibas | President Project Engineering | Leadership |
George O. | Business Development Executive | Team |
Tawanda Wenyika | Business Development Executive | Team |
Complete people profiles for Ukheshe
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Investments & Acquisitions by Ukheshe
Ukheshe has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include EFT Corporation and Oltio.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Provider of payment processing solutions | eftcorp.com | Midrand, South Africa | 1999 | Jan 2024 | •••• | |
Authenticated mobile solutions for secure online payments are provided. | oltio.com | Sandton, South Africa | 2010 | Nov 2020 | •••• |
Complete acquisition details for Ukheshe
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- Acquired stakes
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- Complete history
- Exports
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Timeline of Ukheshe
4 dated milestones of Ukheshe across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Ukheshe is founded.
- Acquisition Acquires Oltio.
- Funding First funding round.
- Acquisition Acquires EFT Corporation.
Competitors of Ukheshe
Ukheshe has 3 listed competitors in our database, 1 of them funded. They include Stitch, Slide Financial and MobiCash.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| stitch.money | 2019 | Cape Town, South Africa | $108.6M | Open banking API solutions are delivered for financial institutions. | ||
| getslideapp.com | 2017 | Cape Town, South Africa | Provider of customizable mobile payment APIs and payout engine | |||
| mobicashonline.com | 2007 | Johannesburg, South Africa | Mobile financial platform |
Detailed competitors of Ukheshe
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Related news about Ukheshe
Complete news archive for Ukheshe
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Frequently Asked Questions about Ukheshe
Ukheshe was founded in 2018 and raised its 1st funding round 4 years after it was founded.
Ukheshe is headquartered in Johannesburg, South Africa. It is registered at Johannesburg, Gauteng, South Africa.
Clayton Hayward is the CEO of Ukheshe, as recorded in our data.
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.
Ukheshe's top competitors include Stitch, Slide Financial and MobiCash.
Ukheshe offers Payment Processing, Hosted Services, eCommerce Platform, Switching Services, and Professional Services.
Ukheshe has made 2 acquisitions, including EFT Corporation, and Oltio.
Ukheshe has 2 investors. Key investors include DPI, and Fireball Capital.