adumo logo — Your expert partner in payments. We exist to help you run, g...

adumo

Your expert partner in payments. We exist to help you run, grow, simplify and optimise your business.

Founded 2009 South Africa Bryanston, South Africa 142 employees Venture round Total: $415.00M Financial Services, Fintech +1

General Information

Company Name adumo
Founded Year 2009
Location South Africa Bryanston, South Africa
Employees 142
Industries Financial Services, Fintech, Payments
Funding Stage Venture round
Business Model B2B, Embedded Finance, SaaS
Revenue Model Transaction Fee, Service Fee, Leasing/Rental
Social

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About adumo

adumo is a leading player in the Financial Services and Fintech sectors, with a focus on providing comprehensive Payments solutions. Established in 2009 and headquartered in South Africa, adumo has positioned itself as a strategic partner for businesses seeking seamless and secure payment processing capabilities.

The company's omnichannel approach allows businesses to accept a variety of payment types, thus optimizing and enhancing their operations. Through its mission encapsulated in the slogan, "Your expert partner in payments. We exist to help you run, grow, simplify and optimise your business," adumo aims to support the growth of African businesses, making a significant impact both today and in the future.

The most recent financial backing was a Debt Financing investment from Investec Emerging Companies on 18 November 2022, highlighting investor confidence in adumo's potential to drive growth in the African market. As an investment opportunity, adumo presents potential for substantial returns driven by its strategic market positioning and growth-oriented mission.

Business keywords: Payment Processing, Omnichannel Solutions, Business Optimization, End-to-End Reconciliation, Business Insights, Working Capital, Consumer Credit Platform, ECommerce, Point of Sale, Instore Finance, Consumer Engagement, Electronic Vouchers, Customer Analytics, POS Hardware, mPOS

Services & Products

Payment processing
POS integration
Online payment solutions
Gift and loyalty rewards
Employee payout solutions

Target Customers

Retailers Hospitality businesses E-commerce businesses Enterprises requiring integrated payment solutions

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Venture Round ZAR190.00M 4
Investec Emerging Companies, International Finance Corporation +2
18 Nov 2022
Debt Financing Undisclosed 1
Investec Emerging Companies
18 Nov 2022
Series B ZAR225.00M 1
International Finance Corporation
08 Mar 2021

adumo Alternatives & Competitors

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FAQ About adumo

Your expert partner in payments. We exist to help you run, grow, simplify and optimise your business.
adumo was founded in 2009.
adumo is headquartered in Bryanston, South Africa.
adumo operates in Financial Services, Fintech and Payments. Its work centres on Payment Processing, Omnichannel Solutions, Business Optimization and End-to-End Reconciliation. Its customers include Retailers, Hospitality businesses and E-commerce businesses.
adumo has a B2B, Embedded Finance and SaaS business model. Its revenue comes from Transaction Fee, Service Fee and Leasing/Rental.
adumo has approximately 142 employees.
adumo has completed 3 funding rounds, raising a total of $415.00M. The latest funding stage is Venture round.
adumo offers: Payment processing, POS integration, Online payment solutions, Gift and loyalty rewards, Employee payout solutions.
Top alternatives and competitors to adumo include Zettle by PayPal, Quantum ePay™, Heartland, Toshiba Global Commerce Solutions | Turkey, Direct Processing Network. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
adumo and Zettle by PayPal are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for adumo, https://bouncewatch.com/company/adumo, updated 5 June 2026. When citing, please name BounceWatch and link this page.

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