Company profile

Moment Payco (Pty) Ltd

Moment Payco Proprietary Limited (Moment) is a South Africa-based non-bank payment infrastructure provider specialising in omni-channel payment collection and billing for enterprise merchants. Incorporated in 2022 and launched in 2023, the company is headquartered in Cape Town, South Africa, and forms the South African operating entity within the pan-African Moment Group. Moment Payco provides card, PayShap real-time bank transfer, mobile money, QR code, voucher and in-person agent payment acceptance, alongside layby payments, debit order recovery and back-office reconciliation tools, primarily to insurers, subscription platforms and other billers. The company maintains an in-person acceptance network the group states spans over two million physical locations across Africa.

Sector
Financial services / Payments Infrastructure, B2B Payments
Markets
South Africa, Nigeria
Founded
2023
Ownership
Private
Stage
Scale-up
Capital raised
$50.5m
Post-money valuation
$82m
Employees
51-200
Business model
B2B2C, B2B Transactional, Financial Services

Products and services

PayShap RTP Payments, Layby Payments, Voucher Management, eCommerce Payments, Buy Online Pay In-Person, Debit Order Recovery & Bill Presentment

Transactions

Source: Partner Researchers.