FinTech Start-Ups Business-2-Business

FinTech Start-Ups  ( Business-2-Business )

Fintech has Become a Buzzword in Recent Years. It largely Represents Startups Changing The Way Money and Financial Services are handled, by Both Businesses and Corporates. Their Developments can be as subtle as the payment gateway used when purchasing your next Blu-Ray, to The App That Helps Pay for your Parking.


1   Peach Payments ( B2B )

This Payment solutions Gateway for E-Commerce and Mobile Businesses also offers Real-Time Fraud Protection, single click, and  Recurring Payments.

While some may Wonder why a Standard Solution like this is on our list, the company initially received US$25 000 in Funding from 
accelerator 88mph in 2013, and is now part of the Barclays Rise Innovation Programme. It must be doing something right.

2  Yoco ( B2B )

A Hybrid Fintech hardware and App Startup, Yoco is sitting in the Mobile Payments Space Dominated by the likes of SnapScan but is 
Clawing out a niche for itself. This company Targets small to Medium Companies who require the portability of a card reader. The App also tracks cash purchases, sends physical receipts, and delivers business insights.

3  Electrum (B2B)

Part of the Grindstone Accelerator by Knife Capital, Electrum is used to deliver remittances, loyalty rewards, and value-added 
services to consumers. It eliminates the need for a payment processor and handles EMV Open Loop, Closed Loop, Internet, Mobile 
and vouchers.

The company has partnered with the likes of Amazon, Google, and Microsoft; while connecting Capitec, MTN, PayFast, Pick n Pay, and the South African Reserve Bank to consumers.

4  WiGroup ( B2B )

What started off as the first mobile wallet in SA in 2008, WiGroup has evolved into a facilitator of mobile transaction services. To 
date, the company has facilitated over R5.2-billion worth of transactions. Some of their customers include big names Pick n Pay, 
Vodacom, and Woolworths.

In 2014, SA banking institution Investec Asset Management purchased a ‘significant’ stake in the startup for R400-million. While the 
exact amount hasn’t been specified, the bank owns between 25% to 50% of the company.


The startup is no stranger to awards either. In 2014, the company took top honours at PwC’s Accelerator ‘Local to Global’ Expo.  
has also been a landmark year for WiGroup: the company won the Best Alternative Payments Platform award at the Card and 
ePayments Africa Awards, the Maverick Award for Technology Innovation, and the Premier’s Recognition for Excellence in 
Entrepreneurship at the recent PERA Dinner.

  

HARSHITA TIWARI
Intern FinTech





#WiGroup 
#Electrum
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#Payments
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Target Countries 

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http://www.fintech-start-up.com/2018/07/looking-for-app-and-blog-developer-for.html


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Reviews
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Types oF Insurance

The Following Main Types oF Insurance Are Available Today :

Life Insurance

Life Insurance is Designed to provide a financial security to the family of a policy holder in the event of his or her death. Different 

types of life Insurance are available to obtain nowadays. The most common ones are term life Insurance and whole life Insurance. A term life Insurance is easily affordable but only covers an insured person for a specific length of time. On the other hand, whole life 
Insurance is more expensive but provides coverage for the entire life of an insured person. Often, life Insurance policies have 
exclusions to their coverage, such as pre-existing conditions. Make sure to go through all details of your policy with your Insurance 
agent

Health Insurance

Health Insurance generally covers medical expenses for health related issues that an insured person experienced.  Health-related 
Insurance comes in many plans:

Major Medical Insurance plans cover a hospital, drugs and doctor’s visits bills. Major medical Insurance plans usually comes in the 
group orindividual health plans. Group health plans are usually provided by a person’s employer. Group health plans are usually Cheaper and cover more expenses. An individual health plan is a private Insurance and should be purchased entirely by a covered individual. Individual health plans are more expensive and provide less coverage than group health plans.

Limited benefit plans are designed to cover an insured person for a particular health care setting or disease, such as:

1.            Basic Hospital Expense Coverage provides coverage for a period usually not less than a month of continuous in-hospital care 
and specified hospital outpatient services.

2.            Basic Medical-Surgical Expense Coverage provides coverage for a required surgery and also includes a certain number of 
days in-hospital care.

3.            Hospital ConfinementIndemnity Coverage provides a fixed amount coverage for each day that a person spends in a hospital

4.            Accident Only Coverage provides medical coverage in the event of disability, death, an accident or dismemberment.

5.            Specified Disease Coverage provides coverage to diagnose and treat a specific illness, such as leukemia, for instance.

-     Other Limited Coverage plans include dental or vision plans.

-    Additional coverage plans provide extra protection for a person who becomes disabled and requires long-term care or Medicare 
enrollment. These additional coverage plans include disability income, long-term care Insurance and medicalsupplemental coverage.

Property Insurance

Property Insurance includes homeowners or rental Insurance. This type of Insurance covers a person in the even his or her house 
or a rental apartment has been damaged by fire, flood, earthquake, theft and etc. Apartment complexes often require their renters to buy rental Insurance before they can move-in day.


Auto Insurance
Auto Insurance is one of the most popular types of Insurance. A car may easily be one of the most expensive items a person owns. If 
your car is stolen or damaged in the accident, it may be very costly to repair. Auto Insurance will pay to repair or replace a car if an insured person gets into an accident. Comprehensive motor vehicle Insurance is considered to be the most common Insurance policythat covers an insured person for loss, theft or damage to his/her vehicle. The cost of auto Insurance will vary depending on a driver’s age, claims history, the make and type of car.

Other less common types of Insurance plans include travel Insurance, bond Insurance, accidental death Insurance, crime Insurance, 
loan protection Insurance, casualty Insurance, deposit Insurance (FDIC) and many others.


BY
HARSHITA TIWARI
Intern FinTech


#Insurance
#Birla
#Aditya
#Health
#Star
#Exide
#India
#Company

-- 
Click on Your Birth Month Link 
And 
Know What does your Birth Month 
Say About You ?

January -   
February -  
March -  
April - 
May -  
June -  

July -  
August -  

September -  

October -  


November -  
December - 


And 
Share with all your Friends and Family