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Cape Town, Western Cape, South Africa
Owner and operator of a FinTech Software Company intended to connects people directly to financial services, millions of times a day. The company's cloud-based transaction platform is used to process and switch a range of financial transactions including pre-paid products, gift cards and bill payments and permits its customers to grow their revenues and engage across all channels, enabling retailers and financial institutions to accept payments, process financial transactions, and provide value added services.
Last updated
In 2024, Electrum (Payments Technology)'s revenue reached $12.7M. The company previously reported $6.8M in 2023. Since its launch in 2012, Electrum (Payments Technology) has shown consistent revenue growth.
Electrum (Payments Technology) is a bootstrapped Financial Services Software startup. Founded in 2012, Electrum (Payments Technology) has grown to $12.7M in revenue without raising any venture capital or outside funding.
As a self-funded Financial Services Software SaaS company, Electrum (Payments Technology) has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|
CEO
Dave Glass co-founder and managing director of Electrum Payments. 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.
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We do not have customer count information for Electrum (Payments Technology) yet.
Electrum (Payments Technology) employs approximately 129 people as of 2026, up from 100 in 2023, including 2 sales reps that carry a quota.
Electrum (Payments Technology) generates an estimated $12.7M in annual revenue.
Electrum (Payments Technology) was founded by Dave Glass.
The CEO of Electrum (Payments Technology) is Dave Glass.
Electrum (Payments Technology) is bootstrapped and has not raised outside funding.
Electrum (Payments Technology) has 129 employees.
Electrum (Payments Technology) is headquartered in Cape Town, Western Cape, South Africa.
Electrum (Payments Technology) operates across multiple industries. Browse revenue, funding, and growth data for Electrum (Payments Technology) in each sector below.
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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2024 Revenue
$12.7M(Est.)
Funding
$0
Team
129
Founded
2012
| Year | Milestone | Source |
|---|---|---|
| 2024 | Electrum (Payments Technology) Hit $12.7m revenue in October 2024 | Estimated |
| 2023 | Electrum (Payments Technology) Hit $6.8m revenue in December 2023 | Estimated |
| 2021 | Electrum (Payments Technology) Hit $3.6m revenue in April 2021 | |
| 2012 | Launched with $0 revenue |
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 129 employees (December 2024) | |
| 2024 | Reached 125 employees (October 2024) | |
| 2023 | Reached 100 employees (December 2023) | |
| 2022 | Reached 81 employees (December 2022) | |
| 2021 | Reached 64 employees (December 2021) | |
| 2021 | Reached 86 employees (April 2021) |
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