Paycode
Giving biometric identity and affordable access to basic financial services to the unbanked and underserved.
42 employees · est. 2016 · Johannesburg, South Africa
Paycode is the older company (2021 vs 2016); Ivy is the larger of the two.
Side-by-Side Comparison
| Metric | Ivy | Paycode |
|---|---|---|
| Founded | ||
| Founded | 2021 | 2016 older |
| Headquarters | ||
| Headquarters | Berlin, Germany | Johannesburg, South Africa |
| Employees | ||
| Employees | 63 larger | 42 |
| Industry | ||
| Industry | Fintech, Payments | Financial Services, Fintech, Mobile |
| Funding Stage | ||
| Funding Stage | Series Unknown | Unknown |
| Total Funding | ||
| Total Funding | $59.40M | Not tracked yet |
| Funding Rounds | ||
| Funding Rounds | 5 | 1 |
| Services | ||
| Services | Real-Time Bank Payments, Multi-Currency Management, Direct Bank Payouts, API Integration | Biometric digital identity issuance, Offline real-time payments, Integration with financial services infrastructure, Seamless interoperability between financial systems, Digital financial solutions |
| Target Customers | ||
| Target Customers | Cryptocurrency Companies, Trading Platforms, Payment Service Providers (PSPs), Global Marketplaces | Unbanked individuals, Underserved communities, Governments, Central banks, Commercial banks, Non-Governmental Organizations (NGOs), Donor organizations |
| Taxonomy | ||
| Taxonomy | Real-Time Payments, Instant Payments, API Integration, Banking Interoperability, Payment Innovations, Stablecoins, Open Banking, Cross-Border Transactions, Settlement Acceleration, Cost Reduction, Digital Payment Solutions, Financial Technology | 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 |
| Website | ||
| Website | getivy.io | paycode.com |
About Ivy
Meet Ivy, a burgeoning force in the Fintech and Payments industries, reshaping the conventional model of global money transfers. Operating under the slogan "Money, at Internet Speed," Ivy is ambitiously redefining how businesses send and receive money globally, simplify high-fee structures and cumbe...
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...
We will tell you when either one moves
BounceWatch watches Ivy and Paycode for new funding, fast hiring, new executives and a change of software vendor. When one happens, we email you the same day.
Funding, hiring, leadership and stack changes at Ivy and Paycode — by email.
Frequently Asked Questions
Compare Ivy with someone else
Start typing a company name or domain.
Related Comparisons
Compiled from the BounceWatch company index. We last looked at Ivy on 3 Jul 2025, and Paycode on 29 Mar 2026. Where a field is blank here, it means we have not recorded it — not that the answer is zero. How we source and date this.