Fundamo

Fundamo provides mobile financial solutions for banks, financial organizations and mobile network operators.

Business Model:

Revenue: $10M

Employees: 2-10

Rankings

Detailed Fundamo Information

Fundamo was acquired by Visa.
The acquisition happend on 2011-06-09.
Details of the transaction were not public

Acquirer

Geographic Data

Fundamo headquarters map

Address:

City: Cape Town

State: NA - South Africa

Zip:

Country: South Africa

Financial Info

Stage:

series unknown

Raised Last:

$5M

Raised Total:

$5M

Metrics

0Website Global Rank

0Website Monthly Traffic

Twitter Followers

Description

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.

Contact Phone:

Contact Email:

Announced Date Company Transaction Money Raised
Announced Date Transaction Number of Investors Money Raised Lead Investors
7/2007 Venture Round 1 $5.1M Knife Capital
Knife Capital
Announced Date Name Price

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