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Adumo
company
About
Adumo is a Fintech company that provides payment processing services to help simplify and optimize businesses.
- Bryanston,NA - South Africa,South Africa
- 101 - 250
- https://adumo.com
Details
- Last Funding Type
- Series Unknown
- Last Funding Money Raised
- R190M
- Industries
- Financial Services,FinTech,Payments
- Founded date
- Jan 1, 2019
- Number Of Employee
- 101 - 250
- Operating Status
- Active
- Legal Name
- adumo (RF) Pty Ltd.
Adumo is a Fintech company that provides payment processing services enabling business owners to securely accept a range of payment types with an omnichannel approach and help them grow, simplify, and optimize their business through best-in-class payment experiences. It enables transactions supported by end-to-end reconciliation and valuable business insights.
Funding Rounds
Number of Funding Rounds
Total Funding Amount
3
R415M
Adumo has raised a total of
R415M
in funding over 2 rounds. Their latest funding was raised on
Nov 18, 2022 from a Series Unknown round.
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Nov 18, 2022 | Series Unknown | R190M | 4 | — | — | Detail |
| Nov 18, 2022 | Debt Financing | — | 1 |
Investec
|
— | Detail |
| Mar 8, 2021 | Series B | R225M | 1 |
International Finance Corporation
|
— | Detail |
Investors
Number of Lead Investors
Number of Investors
2
4
Adumo is funded by 4 investors.
Investec
and Apis Partners
are the most recent investors.
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
|
Investec
|
— | Series Unknown |
Apis Partners
|
— | Series Unknown |
Crossfin Technology
|
— | Series Unknown |
|
International Finance Corporation
|
— | Series Unknown |
Employee Profiles
Number of Employee Profiles
1
Adumo has 1 current employee profiles, including
Executive Paul Kent
Executive
Acquisition
Adumo has acquired 2 organizations. Their most recent acquisition was Wirecard Solutions South Africa on Dec 18, 2020. They acquired Wirecard Solutions South Africa for 0.
|
Date
Company Name
|
Industry | Acquisition Type | Price | |
|---|---|---|---|---|
|
Dec 18, 2020
Wirecard Solutions South Africa
|
Financial Services | acquisition | — | Detail |
|
Nov 30, 2021
SwitchPay
|
Information Technology | acquisition | — | Detail |
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