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§ Private Profile · Deira, Dubai, United Arab Emirates
South African fintech company developing payment solutions for informal retail and cash-based customers, focused on financial inclusion.
Flash Group is a financial technology company based in Observatory, Cape Town, South Africa, that develops payment solutions and value-added services for the informal retail market. The organization focuses on expanding financial inclusion by providing digital transaction capabilities to independent entrepreneurs, small businesses, and cash-based consumers across the region. Operating primarily within the broader South African economy, the enterprise facilitates daily transactions for an active user base of more than 25 million cash-based customers. The company currently operates with a corporate workforce of approximately 710 to 1,016 employees and reported an annual revenue of $55.3 million during the 2024 fiscal year. By bridging the gap between traditional cash economies and modern digital infrastructure, the firm enables local merchants to process utility payments, airtime purchases, and money transfers. Flash Group was established in 1999.
Flash Group has raised $150.0M across 1 funding round.
Flash Group has raised $150.0M in total across 1 funding round.
Flash Group has raised $150.0M across 1 funding round. Most recently, it raised $150.0M Series D in June 2021.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jun 7, 2021 | $150M Series D | SCB 10X | Chanwanich Security Printing Company | Announced |
Flash Group has raised $150.0M in total across 1 funding round.
Flash Group's investors include SCB 10X, Chanwanich Security Printing Company.