Qwili proprietary Limited
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Qwili proprietary Limited - overview
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
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
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