South African FinTech company, Electrum, has been selected for the Gartner Aspiring Innovators Programme. Electrum specialises in payments technology.
Dave Glass, Managing Director at Electrum.
The aim of the Innovators 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.
“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 omnichannel and runs in the cloud,” said Dave Glass, Managing Director at Electrum.
Electrum provides payments technology to major retailers and financial institutions. The South African FinTech 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. It is also a gold member of AlphaCode, a club for FinTech entrepreneurs and an investment arm of Rand Merchant Investment Holdings.
Electrum’s payments platform is reported to be currently processing a billion plus transactions per year. Some of the transactions processed by Electrum's platform include pre-paid products, gift cards and bill payments. It also supports new and emerging payment types such as QR codes, digital wallets and cryptocurrencies.
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