SA FinTech Firm Electrum Selected for Gartner Innovation Programme

Electrum, one of South Africa’s most successful fintech companies which specialises in payments technology, has been selected to participate in the Gartner Aspiring Innovators Programme. The aim of this prestigious programme is to highlight innovative providers of enterprise technology to attendees of the Gartner Symposium/ITxpo Africa 2017, which is being held in Cape Town from 18 to 21 September 2017. The audience includes over 1 000 CIOs and senior IT executives from Africa and around the world who are actively looking for new partners and solutions.

Dave Glass, Managing Director of Electrum, says, “We’re thrilled to be participating in the programme. The selection by Gartner demonstrates the interest and demand for our next-generation payments technology, which is secure, highly scalable, supports omni-channel and runs in the cloud.”

Three of South Africa’s largest retailers and SA’s fastest growing retail bank already use Electrum. The company enables digital transformation at banks and retailers by providing payments APIs that support digital products and payment types across customer-facing channels including mobile, online, point-of-sale devices, ATMs and self-service kiosks.

Electrum’s cloud-based payments platform currently processes over a billion transactions per annum. The platform is used to process and switch a range of financial transactions including pre-paid products, gift cards and bill payments. It also supports new and emerging payment types such as QR codes, digital wallets and cryptocurrencies.

Now in its third year, the Gartner Symposium/Itxpo Africa puts the spotlight on interesting African startup technology companies with something exceptional to offer enterprise organisations. If you’d like to meet with the Electrum team at the symposium, you can visit the stand on the exhibition floor at the Cape Town International Convention Centre.

Electrum is a gold member of AlphaCode, a club for fintech entrepreneurs and fintech investment arm of Rand Merchant Investment Holdings.