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Paytec

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Banking-as-a-Service platform enabling decentralized finance and payment solutions.

Overview

Paytec operates within the Banking-as-a-Service model, offering a variety of financial services designed to connect individuals to their financial resources and support decentralized finance. Its main products include a neo-finance clearing house, an API gateway, and Beam, a unified payment platform that is set to launch in 2024. The company targets multinational corporations, non-bank financial institutions, and retail banks, integrating its services into existing banking infrastructures and partnering with entities such as BankservAfrica. With banking sponsorships from major banks, Paytec seeks to address issues related to financial connectivity and decentralized finance, providing solutions aimed at improving access to financial resources.

Key facts

Founded
2020

Business model

Contact

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About Paytec

What does Paytec do?

Paytec operates within the Banking-as-a-Service model, offering a variety of financial services designed to connect individuals to their financial resources and support decentralized finance.

Where is Paytec headquartered?

Paytec is headquartered in Stellenbosch, South Africa.

When was Paytec founded?

Paytec was founded in 2020.

Which sector is Paytec in?

Paytec operates in Banking Technology, part of Financial Technology.

Who are Paytec's competitors?

Companies similar to Paytec include Eqwali, U4C, and Neofie.