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PayGate (Pty) Limited

Cape Town, South Africa, South Africa

Valuation

$3.9M

2021 Revenue

$1.3M

Funding

$7.1M

Team

72

Founded

1999

PayGate (Pty) Limited Revenue, Valuation & Funding (2021)

Provider of online payment processing and merchant services in South Africa. The company offers online secured payments services and digital payment methods, providing enterprise companies with comprehensive and easier mode of payment that prevents online payment frauds.

Last updated

PayGate (Pty) Limited Revenue

In 2021, PayGate (Pty) Limited's revenue reached $1.3M. Since its launch in 1999, PayGate (Pty) Limited has shown consistent revenue growth.

PayGate (Pty) Limited Revenue GrowthReported revenue / ARR over time$0$300K$600K$900K$1.2M$1.5M199920012003200520072009201120132015201720192021$0$1.3MSource: GetLatka.com
YearMilestoneSource
2021PayGate (Pty) Limited Hit $1.3m revenue in April 2021
1999Launched with $0 revenue

PayGate (Pty) Limited Valuation, Funding Rounds

PayGate (Pty) Limited reached a $3.9M valuation in 2025, set during its M&A Offer round.

PayGate (Pty) Limited has raised $7.1M in total funding across 1 round, with its most recent round in 2016.

PayGate (Pty) Limited Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$1M$1.5M$2M$3M$3M$4.5M$4M$6M$5M$7.5M19992001200320052007200920112013201520172019202120232025$3.9MSource: GetLatka.com
YearRoundAmountValuation% SoldSource
2025M&A Offer-$3.9M-
2016Funding round$7.1M--

Founder / CEO

Peter Harvey

CEO

Peter is an entrepreneur with both a technical and a business management background. Prior to starting PayGate he consulted to Sappi, BP and Old Mutual. Peter has a deep understanding of the technical, legal and strategic factors driving the South African, African and global online payment processing industry, and has built solid long-termrelationships with banks, card associations, alternative payment method providers and other key players in the industry.

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Customers

We do not have customer count information for PayGate (Pty) Limited yet.

PayGate (Pty) Limited Employees & Team Size

PayGate (Pty) Limited employs approximately 72 people as of 2026, including 5 sales reps that carry a quota.

PayGate (Pty) Limited Team GrowthReported headcount over time020406080199920012003200520072009201120132015201720192021007272Source: GetLatka.com
YearMilestoneSource
2021Reached 72 employees (April 2021)

Frequently Asked Questions about PayGate (Pty) Limited

What is PayGate (Pty) Limited's revenue?

PayGate (Pty) Limited generates $1.3M in revenue.

Who founded PayGate (Pty) Limited?

PayGate (Pty) Limited was founded by Peter Harvey.

Who is the CEO of PayGate (Pty) Limited?

The CEO of PayGate (Pty) Limited is Peter Harvey.

How much funding does PayGate (Pty) Limited have?

PayGate (Pty) Limited raised $7.1M across 1 round.

How many employees does PayGate (Pty) Limited have?

PayGate (Pty) Limited has 72 employees.

Where is PayGate (Pty) Limited headquarters?

PayGate (Pty) Limited is headquartered in Cape Town, South Africa, South Africa.

Data and Sources

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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