Ozow - About the company
Ozow is a series B company based in Johannesburg (South Africa), founded in 2005 by Mitchan Adams and Thomas PAYS. It operates as a Provider of payment solutions, including pay by bank and crypto payments. Ozow has raised $51.7M in funding from Tencent and Kalon Venture Partners. The company has 6274 active competitors, including 536 funded and 493 that have exited. Its top competitors include companies like PayPal, Stripe and Razorpay.
Company Details
Provider of payment solutions, including pay by bank and crypto payments. The business facilitates payments, refunds, and payouts for businesses. It offers various payment options, including card payments, one-blink payments, and voucher redemption. The business also provides integrations and plugins for businesses.
- Website
- ozow.com
- Email ID
- *****@ozow.com
- Phone Number
- +27 **********
Key Metrics
Founded Year
2005
Location
Johannesburg, South Africa
Stage
Series B
Total Funding
$51.7M in 2 rounds
Latest Funding Round
Ranked
149th among 6274 active competitors
Employee Count
154 as on Aug 31, 2026
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Ozow's funding and investors
Ozow has raised a total funding of $51.7M over 2 rounds. Its first funding round was on Jun 25, 2019. Its latest funding round was a Series B round on Nov 17, 2021 for $*****. 2 investors participated in its latest round. Ozow has 4 institutional investors.
Here is the list of recent funding rounds of Ozow:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Nov 17, 2021 | 7486202 | Series B | 8575706 | 5339626 | 9097639 | 6096097 |
Jun 25, 2019 | 1964693 | Series A | 9349951 | 5210239 | 8180092 |
View details of Ozow's funding rounds and investors
Ozow's founders and board of directors
Founder? Claim ProfileHere are the details of Ozow's key team members:
- Mitchan Adams: Former Co-Founder of Ozow.
- Thomas PAYS: Co-Founder & CEO of Ozow.
View details of Ozow's Founder profiles and Board Members
Ozow's employee count trend
Ozow has 154 employees as of Aug 26. Here is Ozow's employee count trend over the years:
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Ozow's Competitors and alternates
Top competitors of Ozow include PayPal, Stripe and Razorpay. Here is the list of Top 10 competitors of Ozow, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | PayPal 1998, United States, Public | Provider of online payment solutions, money transfers, and virtual wallets | $216M | 87/100 | |
2nd | Stripe 2010, San Francisco (United States), Series I | Provider of financial infrastructure solutions for revenue growth and payment processing | $9.81B | 86/100 | |
3rd | Provider of payment and business banking solutions for enterprises | $742M | 85/100 | ||
4th | Flutterwave 2016, San Francisco (United States), Series E | Provider of payment solutions for online and physical business transactions | $489M | 83/100 | |
5th | Online payment and money transfer platform for businesses | $554M | 83/100 | ||
6th | Airwallex 2015, San Francisco (United States), Series H | Provider of financial infrastructure for processing payments and managing treasury | $1.9B | 83/100 | |
7th | Adyen 2006, Amsterdam (Netherlands), Public | Provider of end-to-end payment, data, and financial management platform solutions | $266M | 82/100 | |
8th | Provider of in-store and online payment, prepaid, and financial solutions | $954M | 80/100 | ||
9th | GoCardless 2011, London (United Kingdom), Acquired | Provider of automated bank payment collection and recurring billing services | $540M | 80/100 | |
10th | PayU 2002, Amsterdam (Netherlands), Funding Raised | Provider of online payment solutions and financial services for businesses | - | 79/100 | |
149th | Ozow 2005, Johannesburg (South Africa), Series B | Provider of payment solutions, including pay by bank and crypto payments | $51.7M | 57/100 |
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Ozow's Investments and acquisitions
Ozow has made no investments or acquisitions yet.
Reports related to Ozow
Here is the latest report on Ozow's sector:
News related to Ozow
Media has covered Ozow for a total of 5 events in the last 1 year, 3 of them have been about partnerships and 1 about company updates.
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Ozow, FNB, and RMB Launch API-Driven Payments in South AfricaDisruptafrica•Aug 05, 2026•Ozow, FNB, RMB
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Happy Pay and Ozow Partner to Offer Zero Deposit BNPL to MerchantsDisruptafrica•May 13, 2026•Happy Pay, Ozow
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Duplo and Ozow Partner to Transform Payments in South AfricaFintech Finance•Apr 12, 2026•Duplo, Ozow
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Absa partners with Stitch and Ozow to launch Absa PayThe Paypers•Jul 03, 2024•Absa bank, Stitch, Ozow
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EBANX and Ozow Strengthens Partnership to Empower South Africa’s Digital EconomyFintech Finance•Jun 03, 2024•Ozow, EBANX
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Conducive Capital Launches $50 Million Venture Fund To Support SA And African Tech StartupsTechFinancials•Mar 05, 2024•, Ozow
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