Posts Tagged ‘Venture Capital’

Emerge Mobile Powers Disruptive Financial Services Provider – iKhokha

July 10th, 2014 | Messages | 0 Comments

Following Emerge Mobile’s achievement in being the first South African and African company to achieve international security certifications for its mobile point-of-sale (“MPOS”) system that allows merchants to use their smartphones to accept chip-and-pin card payments, they have powered a disruptive South African mobile financial services provider in iKhokha.

iKhokha, which means “to pay” in Zulu, is a B2C and B2B financial services provider, providing a bank agnostic, internationally accredited MPOS solution which, inter alia, allows any and all merchants to accept secure payments anytime, anywhere; track their business performance and sell airtime all while on the move.

Click here to view a short video on iKhokha.

wiGroup – Mobile Transacting Simplified

February 25th, 2014 | Messages | 0 Comments

wiGroup is a platform provider specialising in point-of-sale integrated mobile transacting, allowing consumers and businesses to transact and interact in a swift, secure and convenient manner, using their mobile devices. The wiPlatform is used by retailers, brands, agencies, banks, mobile communities and a host of other businesses looking to deliver value through mobile connectivity; including mobile coupons and vouchers, mobile money transfers, mobile rewards, and mobile payments.

Capital Eye Investments Limited (“CEI”), as a venture capital company focusing purely on technology and associated assets with a particular focus on emerging markets, invested behind wiGroup in 2008 when founder and CEO Bevan Ducasse approached CEI with an ambition to build a mobile wallet. The business soon pivoted, developing a mobile agnostic platform behind the likes of MTN’s Mobile Money and Shoprite’s EeziCoupons. In August 2013, wiGroup processed its billionth rand in transactions, and is currently rapidly approaching its second billionth.

Click here to watch wiGroup’s latest video demonstrating ‘Mobile Transacting Simplified’.

Emerge Mobile – 1st Internationally Accredited African MPOS Solution

January 14th, 2014 | Messages | 0 Comments

Emerge Mobile is the first company in South Africa and Africa to achieve international security certifications for its mobile point-of-sale (“MPOS”) system that allows merchants to use their smartphones to accept chip-and-pin card payments from customers; having recently achieved Payments Council International Payment Terminal Security (PCI-PTS) and Europay, MasterCard and Visa (EMV) Level 1 and 2 certifications for their ‘Edge’ adapter.

Capital Eye Investments Limited (“CEI”), as a private equity / venture capital company focusing purely on technology and associated assets with a particular focus on emerging markets, backed Emerge Mobile in March 2012, as a venture capital investment in a start-up business.

Emerge Mobile are now well positioned both locally and internationally to embrace the opportunities present in many emerging markets predicated on regulatory requirements to migrate to more secure EMVCo inter-operation systems, through both white-label B2B opportunities, as well as direct to the market through their own B2C “iKhokha” brand.

Click on the following links for a few selected articles: TechCentral, ITWeb, MobilePaymentsToday.

Capital Eye Invests Behind Mobile Social Communities

September 30th, 2013 | Messages | 0 Comments

Indaba Mobile provide mobile social communities to any and all institutions wishing to build, understand and communicate with their communities; be it a retailer, financial services company, a football club, or even a market research company. Capable of integrating into any eco-system, Indaba’s technology communicates across all mobile devices and operating systems (dumb, feature, and smart phones), providing rich data points, and capable of adding value-added-services across channels, at only a fraction of the traditional cost.

Capital Eye Investments Limited (“CEI”), as a private equity / venture capital company focusing purely on technology and associated assets with a particular focus on emerging markets, invested behind Indaba Mobile in September 2013, as a venture capital investment in a start-up business.

Indaba Mobile are now well positioned both locally and internationally to embrace the opportunities present in many emerging market where high mobile penetration, combined with staggered Smart Phone adoption, has created the need for a seamless all-inclusive solution to build interactive mobile communities at a fraction of the traditional spend.

Capital Eye Executive invited by Visa to present to Nigerian Acquiring Banks in Lagos

September 26th, 2013 | Messages | 0 Comments

Capital Eye Executive, Anton Gaylard, was joined by Emerge Mobile MD, Matthew Putman; invited by Visa to participate in a presentation to Nigerian Acquiring Banks on the trends and developments in banking and associated offerings in Lagos, Nigeria. Emerge Mobile were one of four international Mobile Point-of-Sale companies invited, highlighting the attractiveness of their broader MPOS solution in both local and international markets.

The fraud protection and security measures offered by EMV compliant chip and pin card acceptance devices have resulted in a growing movement to stipulate the use of such technology across commercial banks in many regions. Furthermore, infrastructural limitations in many developing markets make the combination of such technology in a mobile POS solution a very relevant, necessary and attractive offering.

CEI is a private equity / venture capital company focusing purely on technology and associated assets, with a particular focus on emerging markets and the opportunities present in many African regions, investing behind both start-up and mature cash generating technology companies.

wiGroup – R1 billion and counting

August 3rd, 2013 | Messages | 0 Comments

With a presence at more than 30 000 till points across South Africa, wiGroup processed over a R1 billion in transactions during the first 6 months of 2013. Logging over 40 000 hours in IP development, the wiPlatform has developed into an open and interoperable system enabling mobile transacting at the point of sale, delivering value through mobile coupons and vouchers, mobile money transfers, mobile rewards, and mobile payments.

Capital Eye Investments Limited (“CEI”), as a venture capital company focusing purely on technology and associated assets with a particular focus on emerging markets, invested behind wiGroup in 2008 when founder and CEO Bevan Ducasse approached CEI with an ambition to build a mobile wallet. The business soon pivoted, developing a mobile agnostic platform behind the likes of MTN’s Mobile Money and Shoprite’s EeziCoupons.

Click here to view the associate press.