Duela Pay (Pty) Ltd - supports Duela Pay (Pty) Ltd and accepts it in its portfolio - Duela Pay (Pty) Ltd
Summary
Duela Pay (Pty) Ltd is tackling various challenges and gaps in the current payment ecosystem, specifically targeting the lower LSM (Living Standards Measure) segment. The evolution of payments from cash to digital has positively impacted economic growth but has simultaneously excluded this lower market segment, limiting their access to goods and services and consequently affecting their living standards.The startup has joined the Acceleration program in order to raise a capital of $500K. Duela Pay is based in South Africa and is founded by Zenzele Ndlovu, Mmangaliso Nxumalo and Selby Gumbi.The Acceleration program offered by FasterCapital is a perfect choice for startups in need of capital. With their expertise and extensive network, the team at FasterCapital excels at connecting startups with angel investors and venture capitalists. Hesham Zreik, CEO of FasterCapital, commented, "It is amazing what the team at Duela Pay is doing.