Status
Acquired by Visa on June 9, 2011
Funding Received
$5.2 Million in 1 Round from 1 Investor
Founded:
2000
Headquarters:
Cape Town
Description:
Fundamo provides mobile financial solutions for banks, financial organizations and mobile network operators.
Categories:
Finance
Website:
http://www.fundamo.com

Detailed Description

Update

Fundamo (Proprietary) Limited provides mobile financial solutions for banks, financial organizations, and mobile network operators in South Africa and internationally. It offers Fundamo Enterprise Edition, a mobile financial services enterprise platform; Fundamo Mobile Wallet that provides transformational mobile financial services; and Fundamo Mobile Banking that enable banks and financial institutions to provide mobile banking as an electronic channel to access existing accounts. Fundamo (Proprietary) Limited also provides Fundamo Mobile Remittance connecters that offer consumer remittance options for the Fundamo Enterprise Platform owners; mobile commerce modules that provides configurable integrated payment and purchasing options; and mobile debit card modules, which provide facilities to issue a debit card using the Fundamo Mobile Account.

The company was founded in 2000 and is based in Cape Town, South Africa. Fundamo (Proprietary) Limited operates as a subsidiary of Sanlam Ltd.

Funding Rounds (1) - $5.2M

Update

Investors (1)

Update
  • E7ff103f6f068adab9c2e9b55b202f97

    HBD Venture Capital

    Based in Cape Town, HBD was established in 2000 by Mark Shuttleworth. Their first fund, HBD...

Offices/Locations (1)

Update
  • HQ

    8 High Street

    2nd Floor

    Cape Town, 7530

    ZAF

Images (1)

Update
  • 8ef14e8944dd150fce546fa4b827c0f7