Feature coming soon.

As part of our commitment to AlphaCode, our Product Team is continually working hard on adding exciting new features, along with functional improvements.

Gold Member, Payments

Wax'd Mobile

Wax’d facilitates transactions between customers and merchants using the customers mobile phone as the payment device. The Wax’d user can directly link their bank account or load a wallet to enable payments

We have created an App & framework that processes Mobile & Online Transactions at a fraction of the cost, by bypassing Visa and Mastercard… When you get your customers to pay with Wax’d, we can put up to 70% of your transactional costs back into your pocket…. Wax’d Ninja doesn’t have to wait for bills, lose signal with speedpoints or refill its paper… Our app gives our Wax’d Ninja the ability to make payments in the easiest & cheapest way possible

With our Mobile App – Wax’d, transactions can cost as little as 0.65% which is a saving of 70% to the merchant. “Waxed” uses existing banking infrastructure to perform an EFT transaction that costs a fraction of the current card systems. These savings can then be passed onto the customer.

This App will allow payments at retailers, Peer to Peer and Internet payments. Making “Waxed” the default payment app for the future. Our payment architecture is more secure than card payments, which will also reduce the cost of disputes and crime. Using iBeacon and/or QR technology, it will be more convenient & secure to pay with “Waxed” than card or existing mobile payments.

For online payments, our app will hold a customer’s personal & delivery details making the online checkout process a 1 click requirement and hence dramatically improving the online shopping experience.

Anthony Stewart, Co-founder, Alex de Bruyn, Co-founder & Alon Fowler, Co-founder

The management team consists of 3 directors and shareholders Anthony, Alex and Alon. Anthony & Alon have been in IT & business analysis for the last 18 years and are both Directors and shareholders of ModusBPS and dotModus. They both have extensive experience in financial services and ERP implementations. Alex is an entrepreneur who came from the mergers and acquisitions industry as a financial analyst. He joined Alon & Anthony 4 years ago & opened a private equity investment company that specialises in turning ideas into reality. He is on the board and owns the majority share of Pylon Gears.

The ability to realise innovative mobile payment methods which requires the following skill sets:

  • Innovative marketing
  • Innovative ways to create relationship between consumer and merchant
  • Innovative ways to create relationship between consumer and markets.

May 2015 – Concept designed by founders

Oct 2015 – Waxed Mobile Payments company founded

Nov 2015 – Development started

Mar 2016 – Patent submission

Mar 2016 – Provisional patent

Jul 2016 – Wax’d Mobile App launch to market

Connect with Wax'd Mobile

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Join AlphaCode

Are you ready to take your fintech business to the next level?Join the growing network of fintech disruptors shaping the future of our industry.

  • Green


    Green membership is available to aspiring financial services entrepreneurs, intrapreneurs and service providers.

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  • Gold


    Our gold membership is open to financial services founders and co­founders with a full-time commitment to their businesses.

    • Access to our co­-working office space in Sandton
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  • Platinum


    Offered to high­ potential BBBEE businesses that have received enterprise development funding.

    • Free semi­-private office space for 6 months in Sandton
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    Offered by invitation only to businesses which have received growth capital investment from RMIH.

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Member testimonials

  • Alpha Code is a phenomenal platform to network with next generation fintech players offering leading thought leadership events in a world class environment. Look forward to watching the ecosystem facilitate the next ‘Uber’ of Africa.

    Dov Girnum, CEO Merchant Capital

  • Starting a business is a daunting prospect, especially one that has a focus on an unproven and experimental technology. I have benefitted enormously from the support and wisdom I have received from AlphaCode during my time as a member.

    Lorien Gamaroff, CEO Bankymoon

  • Being located in the heart of Africa's biggest financial services hub, we have gained a lot of credibility through AlphaCode. Our customers trust our brand by association, which results in increased sales of cows.

    Ntuthuko Shezi, CEO Livestock Wealth

  • AlphaCode is without a doubt the premium fintech and startup community in South Africa providing many learning, growth and network opportunities and an environment which adds concrete value to us

    Schalk Nolte, Founder Entersekt

  • Slide is now well on the way to causing significant disruption in the South African fintech sector. We would not have been able to break into the South African market so rapidly without the help provided by AlphaCode.

    Alon Stern, Founder Slide

  • AlphaCode has been instrumental in providing a platform for us to access industry thought leaders, networks, working space, coaching and ultimately the opportunity to pitch to global multi-nationals and secure funding that very few startups get to land in their first year.

    Priya Mistry, Founder CommuScore

  • AlphaCode has been instrumental in the growth of our business. Through the club, we have met many like-minded entrepreneurs and businesses with whom we have formed strategic partnerships. The team is incredibly generous with their time and continue to give us invaluable mentorship and support.

    Annabel Dallamore, CEO StriderTech