
Zlto
OperatingZlto is a platform that uses blockchain technology to increase engagement amongst youth, track and encourage positive behaviour.
- Blockchain
- Cape Town, South Africa
- Grant
- Founded 2016
- zlto.co ↗
- Total raised
- $250K
- disclosed
- Last round
- $250K
- Grant
- Rounds
- 1
- since 2016
- Investors
- 2
- on record
- Employees
- 1-10
About Zlto
Zlto increases and tracks positive behavior for young people, transforming informal work into valuable data on emerging markets. Tasks completed by youth are validated using smart contracts, allowing users to earn our zlto digital rewards that can be redeemed at more than 1,000 partner stores across our marketplace of vendors. Each Zlto user’s work history, social impact hours, and spending history is tracked and stored as a “work asset” portfolio using blockchain technology, serving as a validated store of credentials for future employers while establishing an alternative form of credit for an otherwise financially underserved population. Current clients: Shoprite, Naspers, UN Women, Ikamvah Youth
Zlto funding1 round
Zlto has raised $250K across 1 disclosed round. The latest is a $250K Grant announced 01 Oct 2018, led by The MasterCard Foundation.
Who has invested in Zlto
| Announced | Round | Lead · investors | Amount |
|---|---|---|---|
| 01 Oct 2018 | Zlto Grant | The MasterCard Foundation +1 | $250K |
Zlto founders & team
Full team →- Marlon ParkerFounder
- Michael GuTechnical Co-Founder
- Allan van der MeulenCo-Founder
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Frequently asked about Zlto
- Where is Zlto based and when was it founded?
- Zlto is headquartered in Cape Town, South Africa and was founded in 2016.
- Who founded Zlto?
- Zlto was founded by Marlon Parker (Founder), Michael Gu (Technical Co-Founder) and Allan van der Meulen (Co-Founder).
- How much funding has Zlto raised?
- Zlto has raised $250K across 1 disclosed round. Its latest, a $250K Grant, was announced on Oct 01, 2018.
- Who has invested in Zlto?
- Backers include Google.org and The MasterCard Foundation.
- What sector is Zlto in?
- Zlto operates in Blockchain, Education and Emerging Markets.