abela

Offering first time access to digital financial services.

General Information
Company Name
abela
Founded Year
2020
Location (Offices)
South Africa +1
Founders / Decision Makers
Number of Employees
7
Industries
Finance, Financial Services, Payments
Funding Stage
Grant
Social Media

abela - Company Profile

Abela is a South African startup founded in 2020, with a focus on offering first-time access to digital financial services. The company's slogan, "Offering first-time access to digital financial services," reflects its commitment to providing accessible and inclusive financial solutions. Abela.app operates as a QR-enabled payments platform, providing users with the ability to earn, spend, and save money through their cellphones. The startup operates within the Finance, Financial Services, and Payments industries, positioning itself at the intersection of technology and finance in an increasingly digital world. Notably, the company secured a ZAR94.02K grant investment from The World Bank on 10 July 2023, underscoring its potential for growth and impact. Abela's innovative approach to democratizing access to financial services makes it a compelling prospect for investors seeking transformative solutions in the fintech space.

Taxonomy: digital financial services, QR enabled payments platform, cellphone payments, earn money, spend money, save money, mobile payments, QR codes, financial inclusion, cashless transactions, digital banking, financial empowerment

Funding Rounds & Investors of abela (3)

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Funding Stage Amount No. Investors Investors Date
Grant ZAR94.02K 1 10 Jul 2023
Non Equity Assistance Unknown 1 02 Jun 2023
Grant ZAR500.00K 1 AlphaCode Club 03 Jun 2022

Latest News of abela

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No recent news or press coverage available for abela.

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