Fintec Labs
OperatingSouth African financial technology incubator to the largest African insurance- and banking institutions.
- Banking
- Stellenbosch, South Africa
- Series B
- Founded 2015
- fintec.group ↗
- Total raised
- $5.5M
- disclosed
- Last round
- $1.7M
- Non-equity Assistance
- Rounds
- 6
- since 2015
- Investors
- 4
- on record
- Employees
- 11-50
About Fintec Labs
Fintec is an African-based innovation hub – using technology to solve real-world challenges. The businesses and products we build help banks, insurers and regulators get back in the game.
Fintec Labs funding6 rounds
All 6 rounds →Fintec Labs has raised $5.5M across 6 disclosed rounds. The latest is a $2M Series B announced 15 Dec 2018, led by Fintec Ventures.
- $116KPre-seedPre-seed, $116K, $116K raised to date
- $289KSeedSeed, $289K, $405K raised to date
- $289KSeedSeed, $289K, $695K raised to date
- $1MSeries ASeries A, $1M, $1.7M raised to date
- $1.7MNon-equity AssistanceNon-equity Assistance, $1.7M, $3.5M raised to date
- $2MSeries BSeries B, $2M, $5.5M raised to date
SLA Funding Index · grey is capital raised before each round
Who has invested in Fintec Labs
| Announced | Round | Lead · investors | Amount |
|---|---|---|---|
| 15 Dec 2018 | Fintec Labs Series B | Fintec Ventures | $2M |
| 15 Dec 2018 | Fintec Labs Non-equity Assistance | Not disclosed | $1.7M |
| 01 Dec 2016 | Fintec Labs Series A | Not disclosed | $1M |
| 15 Feb 2016 | Fintec Labs Seed | Not disclosed | $289K |
| 18 Nov 2015 | Fintec Labs Seed | Q4 Investments (Pty) Ltd | $289K |
| 01 Aug 2015 | Fintec Labs Pre-seed | Willem van Zyl +1 | $116K |
Fintec Labs founders & team
Full team →- Daniel van TonderCo-founder & CEO
- Willem van ZylChief Technologist & Director
- Chris KotzeNon-Executive Director
- Francois du PreezNon-Executive Director
Fintec Labs competitorssame sector · similar funding
- Fintech FarmLagos, Nigeria
- Inclusivity SolutionsCape Town, South Africa
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Frequently asked about Fintec Labs
- Where is Fintec Labs based and when was it founded?
- Fintec Labs is headquartered in Stellenbosch, South Africa and was founded in 2015.
- Who founded Fintec Labs?
- Fintec Labs was founded by Daniel van Tonder (Co-founder & CEO).
- Who is the CEO of Fintec Labs?
- Daniel van Tonder is Fintec Labs' Co-founder & CEO.
- How much funding has Fintec Labs raised?
- Fintec Labs has raised $5.5M across 6 disclosed rounds. Its latest, a $2M Series B, was announced on Dec 15, 2018.
- Who has invested in Fintec Labs?
- Backers include Fintec Ventures, Q4 Investments (Pty) Ltd, Willem van Zyl and Daniel van Tonder.
- What sector is Fintec Labs in?
- Fintec Labs operates in Banking, Financial Services and FinTech.
