Jando International

paymentsdigital cardsremittancesothers

FOUNDING YEAR:
LOCATION:
Last Update: 03/07/2020

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About

Jando is a uniquely comprehensive payments solution-provider focusing on financial inclusion in EMEA. Jando’s robust backend capabilities are coupled with simple mobile-based financial solutions, that allow users, seamless integration into the financial eco-system with all the opportunities this provides. Jando’s rich solutions-suite includes: Payroll services, mobile wallet, virtual and physical cards, remittance, bill payment, ATM/POS, P2P transfers and cash top-ups. Jando also provides white-label services to partners such as banks and mobile operators, allowing them to easily expand their customer base as well as offer added-value online services to their existing clients.

MEDICI Analysis

Jando is the only complete mobile e-Money solution across the EMEA region.

Focus

PRODUCTS & SERVICES

Mobile-based financial solutions for payroll services, remittance, bill payment, P2P transfers and cash top-ups. Its product includes: Jando prepaid card: Users can use this card in multiple outlets for paying, withdrawals, remittance, etc. Jando web card: Users can use this card for online shopping, paying bills, mobile top-ups, etc.

REVENUE MODEL

The company generates revenue by charging a fee for services offered by the card. It also takes annual fee for card maintenance.

MAIN CLIENTS

Businesses and individuals.

EXISTING PARTNERSHIPS

Banks and mobile operators.

PRIMARY PROBLEM SOLVED

The gap between mobile phones and payments.

Traction

TRACTION COMMENT:

Recently, the company launched its payroll platform, which enables loading and offloading of funds in multiple currencies and compensation methods across EMEA (June 2017).

People

KEY EMPLOYEES:

Tim Price (CEO); Jaco Scholtz (CTO); Kobus Booysen (CFO)

Momentum

FUNDED

NO

LISTED

NO

For Investors

FUNDING NEEDED:

€6 M

Innovation Programs

BASICS

Views:

96 VISITORS | 190 VIEWS

About

Jando is a uniquely comprehensive payments solution-provider focusing on financial inclusion in EMEA. Jando’s robust backend capabilities are coupled with simple mobile-based financial solutions, that allow users, seamless integration into the financial eco-system with all the opportunities this provides. Jando’s rich solutions-suite includes: Payroll services, mobile wallet, virtual and physical cards, remittance, bill payment, ATM/POS, P2P transfers and cash top-ups. Jando also provides white-label services to partners such as banks and mobile operators, allowing them to easily expand their customer base as well as offer added-value online services to their existing clients.

Subscribe to the MEDICI Inner Circle Membership and gain access to an exclusive Slack community where you can engage in discussions with global industry experts!

MEDICI Analysis

Jando is the only complete mobile e-Money solution across the EMEA region.

Focus+
Momentum+
Traction+
People+
For Investors+
Other+

Innovation Programs

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Jando International

About

Jando is a uniquely comprehensive payments solution-provider focusing on financial inclusion in EMEA. Jando’s robust backend capabilities are coupled with simple mobile-based financial solutions, that allow users, seamless integration into the financial eco-system with all the opportunities this provides. Jando’s rich solutions-suite includes: Payroll services, mobile wallet, virtual and physical cards, remittance, bill payment, ATM/POS, P2P transfers and cash top-ups. Jando also provides white-label services to partners such as banks and mobile operators, allowing them to easily expand their customer base as well as offer added-value online services to their existing clients.

Focus

PRODUCTS & SERVICES

Mobile-based payment-solutions platform for banks, mobile operators and telcos. Comprehensive mobile-based B2C solutions-suite. Advanced mobile-based B2B payroll product.

REVENUE MODEL

The company generates revenue by charging a fee for services offered by the card. It also takes annual fee for card maintenance.

TOP PROBLEM SOLVED

Lack of adequate financial access for the unbanked across EMEA.

PRODUCT DEVELOPMENT STAGE

COMMERCIAL LAUNCH

People

KEY EMPLOYEES:

employee: Tim Price (CEO); Jaco Scholtz (CTO); Kobus Booysen (CFO)

Momentum

FUNDED

NO

TOTAL FUNDING:

$1.5 M

FUNDING COMPLETED

NO

LISTED

NO

FUNDING SERIES
Seed --- USD1.5 M