Electrum technology connects people directly to financial services, millions of times a day, by joining up with some of South Africa’s leading payments and technology companies.
Electrum is a highly successful FinTech Software Company, based in Woodstock, Cape Town. Founded in 2012 by South Africa’s leading payments software experts, and housing some of the best software architects, developers, and consultants in the country. All of Electrum’s software development is performed in-house.
We’re disrupting the industry with our cloud based payments solutions using our feature product – a cloud based transaction processing platform. Major retailers, banks, and international money transfer firms utilise our technology to accept payments, and provide value added services to their customers. We also provide specialist software development services and consultancy for bespoke projects to enhance our customer’s existing payments infrastructure.
Electrum Case Studies
Our work environment is relaxed yet results-driven, encouraging creativity and collaboration. Side benefits include cool colleagues, awesome offices, Macbook Pro developer machines, big monitors, healthy cooked lunch, Friday craft beers, flexible working hours, large desks, and very competitive games of table tennis.
Pick n Pay
Pick 'n Pay is one of Africa’s largest retailers, processing millions of transactions every day to meet the needs of their customers. Pick n Pay was looking for a technology partner who not only had a strong understanding of their existing retail technology but also had the capability to deliver new solutions and to assist them to innovate.
Since 2013, Electrum has delivered several solutions to enable high-profile products, services and campaigns at Pick n Pay. We enjoy a strong working relationship with them, based on a mutual history of collaboration, reliability, cost effectiveness, innovation and responsiveness.
Retail banking is changing fast, and consumers are expecting more and more from their banks. Our customer is a relatively new – but very fast-growing – retail bank with a highly innovative and forward-looking approach to technology. Consistently scoring top marks in digital channel surveys, the sophisticated simplicity of their products has found great favour in the South African retail banking market.
Retaining an industry-leading offering means ensuring that customers are able to get the products and services that they expect, regardless of the channel (mobile, web, ATM, branch etc.) Electrum was called upon to assist in extending the bank’s product and service delivery across platforms. Thanks to our experience and insight into the confluence of mainstream banking systems and modern web and mobile technology, we were able to do just that.
Every day, Mama Money is putting more money into the pockets of those who need it the most. Mama Money is a South Africa Reserve Bank-regulated Money Transfer Operator, whose ambitious aim is to substantially lower the cost of low-value international remittances in Africa.
Lowering remittance costs means running an extremely efficient, lean operation, and Mama Money needed a technology partner who could meet their stringent requirements for innovative technology, reliability, compliance and straight-through processing. Electrum is uniquely positioned to provide money transfer technology on the advanced Electrum platform, with links to banks, retailers, mobile networks and neighbouring countries. Electrum delivers a world-class SaaS platform to Mama Money, which is used to provide rock-solid reliability and resilience to Mama Money Customers.
Dave holds a BCom Honours (First Class) in Information Systems from the University of Cape Town and an MSc in Information Systems Management from Trinity College in Dublin. He has more than 13 years of experience in Software Development and in the payments industry.
Gideon holds a BSc Honours from Open University and has over 10 years of Software Development industry experience.
Dirk holds a BSc Honours in Computer Science from the University of Stellenbosch and has over 9 years of Software Development industry experience.
- Payments Processing
- Value Added Services
- Software Development
- Payments Consulting