We are your partner in growth, enabling you to seamlessly and securely accept a range of payment types with our omnichannel approach. We exist to help you run, grow, simplify and optimise your business through best-in-class payment experiences. We have a goal to be a part of something greater than ourselves: to be the partner that grows African businesses, today and tomorrow.
Location: South Africa, Gauteng, Sandton
Employees: 201-500
Phone: +27 86 111 1665
Total raised: $15M
Founded date: 2019
Investors 2
| Date | Name | Website |
| - | Apis Partn... | apis.pe |
| - | IFCAMC | ifcamc.org |
Funding Rounds 1
| Date | Series | Amount | Investors |
| 12.03.2021 | - | $15M | - |
Mentions in press and media 15
| Date | Title | Description |
| 19.09.2025 | Street Wallet joins South Africa’s fintech consolidation wave with Digitip acquisiton | Street Wallet, a South African fintech known for its mobile payment solutions tailored to informal traders and service providers, has acquired Digitip, a local startup enabling digital tipping for informal workers, for an undisclosed amount... |
| 07.08.2025 | Paymentology Launches PayoCard to Expand Mobile-First Access to Card Services Across South Africa | Share this: Click to share on Facebook (Opens in new window) Facebook Click to share on WhatsApp (Opens in new window) WhatsApp Click to share on X (Opens in new window) X Click to share on LinkedIn (Opens in new window) LinkedIn Click to e... |
| 22.01.2025 | Global firms eyeing South African IT companies for M&A deals | Businesses in South Africa’s ICT sector are seeing rapid technological advancements, creating a dynamic environment for mergers and acquisitions. Indeed, there is growing interest from international buyers in South African tech and software... |
| 04.10.2024 | Southern Africa's Fintech Landscape Shifts: Lesaka Technologies' Bold Move | In the bustling world of fintech, change is the only constant. Lesaka Technologies, a Nasdaq-listed company, has made waves by acquiring South African fintech Adumo for a staggering $96 million. This strategic acquisition is more than just ... |
| 04.10.2024 | Southern Africa's Fintech Surge: Lesaka Technologies Expands with Adumo Acquisition | In the bustling world of fintech, Lesaka Technologies has made a bold move. The Nasdaq-listed company has acquired South African fintech Adumo for a staggering $96 million. This acquisition is more than just numbers; it’s a strategic leap i... |
| 03.10.2024 | Southern Africa: Nasdaq-Listed Lesaka Technologies Completes $96m Adumo Acquisition | TLDR Nasdaq-listed fintech Lesaka Technologies acquires South African fintech Adumo for $96 million, boosting Lesaka's market presence in Southern Africa. The acquisition adds 1.7 million active consumers and 120,000 merchants to Lesaka, ex... |
| 22.08.2024 | Lesaka Technologies given green light to buy Adumo | Lesaka Technologies’ Lincoln Mali Lesaka Technologies’ R1.6-billion proposed acquisition of payments platform Adumo has been given the green light by the Competition Commission. Nasdaq- and JSE-listed fintech group Lesaka announced in May t... |
| 08.05.2024 | Lesaka to buy Adumo in R1.6-billion cash-and-shares deal | Lesaka Technologies’ Lincoln Mali JSE-listed fintech group Lesaka Technologies is buying payments platform Adumo RF for R1.6-billion in cash and equity in the form of new shares in Lesaka common stock. The cash component of the deal amounts... |
| 30.11.2021 | Fintech group Adumo snaps up payments start-up SwitchPay | Paul Kent, CEO of Adumo. South African fintech group Adumo has invested in SwitchPay, a provider of alternative payment solutions for consumers, both in-store and online. The value of the investment is undisclosed. According to Adumo CEO Pa... |
| 09.11.2021 | TymeBank, Adumo extend buy-now-pay-later to SMEs | Digital bank BANK UC-Wireless is a solutions-based distributor for integrated wireless communications in healthcare, mining, education, hospitality and retail. TymeBank has partnered with fintech and payments provider Adumo to extend the ne... |
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