iKhokha
OperatingiKhokha is helping South African business owners believe in better by accelerating the digital economy
- Payments
- Durban, South Africa
- Venture
- Founded 2012
- ikhokha.com ↗
- Last round
- Venture
- Rounds
- 1
- since 2012
- Investors
- 1
- on record
- Employees
- 201-500
About iKhokha
iKhokha is a co-founder-led fintech company headquartered in Umhlanga, Durban, South Africa. Since its founding in 2012, iKhokha has been on a mission to democratize access to the digital economy for South African entrepreneurs. By building all its payment solutions in-house—from Tap & Go card machines to ecommerce gateways and mobile apps—iKhokha controls the full product lifecycle, ensuring innovation, affordability, and scalability.
With a customer base spanning thousands of small businesses, iKhokha offers some of the lowest transaction rates in the country, which decrease as merchants grow their sales. The company also provides working capital loans via iK Cash Advance, and enables merchants to boost revenue through iK Prepaid services.
iKhokha’s hybrid work model and commitment to employee wellness reflect its forward-thinking culture. The company has grown to over 200 employees, and its impact on financial inclusion and SME empowerment has made it a standout player in South Africa’s fintech landscape
iKhokha funding1 round
The latest is a Venture announced 12 Jun 2017.
Who has invested in iKhokha
| Announced | Round | Lead · investors | Amount |
|---|---|---|---|
| 12 Jun 2017 | iKhokha Venture | Crossfin Technology | Not disclosed |
iKhokha founders & team
Full team →- Ramsay DalyCo-Founder & Executive Head: Informal Market
- Ramsay DalyCo-Founder & Executive Head: Informal Market
- Matt PutmanCEO
- Graeme CummingCPO
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Frequently asked about iKhokha
- Where is iKhokha based and when was it founded?
- iKhokha is headquartered in Durban, South Africa and was founded in 2012.
- Who founded iKhokha?
- iKhokha was founded by Ramsay Daly (Co-Founder & Executive Head: Informal Market) and Ramsay Daly (Co-Founder & Executive Head: Informal Market).
- Who is the CEO of iKhokha?
- Matt Putman is iKhokha's CEO.
- How much funding has iKhokha raised?
- iKhokha has raised 1 funding round; the amounts were not disclosed. Its latest, a Venture, was announced on Jun 12, 2017.
- Who has invested in iKhokha?
- Backers include Crossfin Technology.
- What sector is iKhokha in?
- iKhokha operates in Payments, Financial Services and FinTech.
