Paycode logo — Giving biometric identity and affordable access to basic fin...

Paycode

Giving biometric identity and affordable access to basic financial services to the unbanked and underserved.

Founded 2016 South Africa Johannesburg, South Africa 42 employees Unknown Financial Services, Fintech +2

General Information

Company Name Paycode
Founded Year 2016
Location South Africa Johannesburg, South Africa +1
Employees 42
Industries Financial Services, Fintech, Mobile +1
Funding Stage Unknown
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About Paycode

Paycode is a South African-based fintech enterprise established in 2016, dedicated to revolutionizing financial inclusion. Their core mission, "Giving biometric identity and affordable access to basic financial services to the unbanked and underserved," highlights a commitment to providing seamless financial transactions to underrepresented demographics.

The company offers a robust, end-to-end payment gateway featuring advanced technologies such as security, biometric identification, and offline real-time transacting. This suite of services is tailored to combat issues such as fraud and lack of KYC, while also facilitating agent banking.

Operating within the Financial Services, Fintech, Mobile, and Payments sectors, Paycode is strategically positioned to capitalize on the growing need for financial accessibility. Despite having received its last known investment in November 2021, the specific investors and amounts remain undisclosed. With its innovative solutions and strategic approach, Paycode represents a promising opportunity for investors seeking impactful ventures within the fintech landscape.

Taxonomy: biometric identity, financial inclusion, payment gateway, security technology, biometric identification, fraud prevention, agent banking, offline real-time transactions, KYC compliance, digital currency, mobile money, remittances, microloans, insurance services, social grants access

Services & Products

Biometric digital identity issuance
Offline real-time payments
Integration with financial services infrastructure
Seamless interoperability between financial systems
Digital financial solutions

Target Customers

Unbanked individuals Underserved communities Governments Central banks Commercial banks Non-Governmental Organizations (NGOs) Donor organizations

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Unknown •••••• - 01 Nov 2021

Paycode Alternatives & Competitors

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FAQ About Paycode

Giving biometric identity and affordable access to basic financial services to the unbanked and underserved.
Paycode was founded in 2016.
Paycode is headquartered in Johannesburg, South Africa.
Paycode operates in the following industries: Financial Services, Fintech, Mobile, Payments.
Paycode has approximately 42 employees.
Paycode has completed 1 funding round. The latest funding stage is Unknown.
Paycode offers: Biometric digital identity issuance, Offline real-time payments, Integration with financial services infrastructure, Seamless interoperability between financial systems, Digital financial solutions.
Top alternatives and competitors to Paycode include A3BC Romania, SMUFS Biometric Solutions ltd., Bayometric, VISAVIS , oculid. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Paycode and A3BC Romania 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.

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