1. Products
  2. Solutions
  3. Insights+
  4. News & content
  5. About
-
  1. Products
  2. Solutions
  3. Insights+
  4. News & content
  5. About
  1. Launch

Qwili proprietary Limited

Have updates for this profile?  Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

Year established

2019

Location

Cape Town South Africa

Primary Industry

Consumer Products

About

Based in South Africa, and founded in 2019 by Luyolo Sijake (CEO), Thandwefika Radebe (CSO), and Tapfuma Masunzambwa, Qwili provides a hybrid hardware-software solution that enables payment transactions utilizing smartphones. In July 2022, the firm raised USD 1.2 million in seed funding led by investor E4E Africa, with participation from other new investors Codec Ventures, Next Chymia Consulting HK Limited, Strattech Partners, and Untapped Invest, Inc. Individual investors also participated in the round. Qwili proprietary limited creates an operating system software for devices that deliver peer-to-peer transactions, voice-led in local language instructions on how to use Qwili's app, and other services. The firm’s sales platform offers electricity, airtime, pay TV subscriptions, groceries, foreign remittances, and other things and services. There are various simple cash-in options for agents to top up their balance. The company plans to use July 2022 funding to expand its team and focus on hardware production as well as software product development.
Current Investors
Strattech Partners, E4E Africa, Next Chymia Consulting HK Limited

Request a demo to show more

Primary Industry
Consumer Products
Sub Industries
Consumer Electronics, e-Financial, Operating Systems (OS)
Website
www.qwili.africa
Verticals
FinTech, FinTech, FinTech, Manufacturing, Mobile Apps
Company Stage
Angel & Seed
Total Amount Raised
Subscriber access only

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.