Ozow
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Ozow

https://ozow.com/
Last activity: 30.05.2023
Tags:AfricaTechB2CE-commerceFastFinTechITMobileOnlineServiceSmart
Ozow is the future of payment as we know it. An oh-so (or Ozow) easy, automated and ultra-secure EFT solution that helps customers pay in just a few seconds, merchants can initiate Ozow payments through a variety of payment platforms, such as SMS, eCommerce, eBilling, QR Code and instore Point-of-Sale (POS). Through Ozow’s precise and secure system (that reduces the risk of charge-backs), merchants get real-time payments with instant transaction notifications and automated bank reconciliations. As no card is required for payment, their products are also more widely available, resulting in less abandoned carts, increased sales and more happy customers. Furthermore, merchants enjoy transaction fees as low as 1,5%, with no monthly costs, setup fees, or minimum charges, enabling them to save their money. As an added bonus, merchants processing up to R1m per month can use Ozow for free in their first year, no strings attached. Ozow is committed to financial inclusion on a continent where many people are disenfranchised by a lack of payments options. Furthermore, Ozow is committed to making it affordable for smaller businesses to take their trade to a wider audience, and to ensure that if traditional payment methods are unavailable, merchants don’t suffer. To date, Ozow has processed over a billion transactions, and has processed a combined value exceeding R5 billion. Ozow is bringing commerce to a wider audience, promoting financial inclusion and innovating for our customers. Paying with us is Ozow easy, Ozow fast and Ozow trusted!
Likes
13179
Mentions
43
Location: South Africa, Western Cape, Cape Town
Employees: 51-200
Total raised: $48M
Founded date: 2014

Investors 3

Funding Rounds 1

DateSeriesAmountInvestorsDeal News
25.11.2021Series B$48M-techcrunch...

Mentions in press and media 43

DateTitleDescriptionSource
30.05.2023Global CFD Broker RaiseFX Announces The Addition of OZOW, po...RaiseFX Global CFD Broker CAPETOWN, SOUTH AFRICA, May 30, 2023/EINPresswire.com/ -- RaiseFX, a lead...einpresswi...
26.04.2023S Africans still clinging to cash, but that may soon changeThe message from South Africa’s fintech sector is clear: cash should no longer be king in South Afri...techcentra...
07.02.2023Startups in the billing space you need to knowThey include Chargebee, Zentoni, DeferIt, SplitWise, and Monetize360 Like nearly eveything else, di...vator.tv/n...
24.11.2021South African e-payments platform Ozow lands $48m in Series ...South African e-payments service Ozow has raised $48 million in a Series B funding round led by Chin...fintechfut...
21.11.2021Ozow, a South African fintech company, has secured a $48 mil...Fintech startup Ozow has secured a US$48 million Series B round of funding to help it grow its produ...techgistaf...
18.11.2021South Africa's Ozow secures $48MFintech startup Ozow has raised $48 million in Series B funding led by Tencent, with participation f...pitchbook....
17.11.2021South African payments gateway Ozow raises $48M Series B led...According to a 2019 report by Deloitte, about 80% of South Africans have a bank account but only 24%...techcrunch...
17.11.2021Tencent leads $48m Ozow Series B funding roundStoried South African fintech company Ozow attracted TenCent, Endeavor Catalyst and Endeavor Harvest...venturebur...
17.11.2021Tencent leads $48m Ozow Series B funding roundStoried South African fintech company Ozow attracted TenCent, Endeavor Catalyst and Endeavor Harvest...venturebur...
23.08.2021Shoprite’s Money Market Account Launches Instant EFT Payment...Shopritetechfinanc...
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