When was Ozow founded?

Ozow was founded in 2005 and raised its 1st funding round 14 years after it was founded.

Where is Ozow located?

Ozow is headquartered in Johannesburg, South Africa.

Who is the current CEO of Ozow?

Thomas PAYS of Ozow. They have also founded 1 company.

How many employees does Ozow have?

As of Mar 31, 2026, the latest employee count at Ozow is 126.

Is Ozow a funded company?

Ozow is a funded company, having raised a total of $51.7M across 2 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Jun 25, 2019.

When was the latest funding round of Ozow?

Ozow's latest funding was a $***** Series B round on Nov 17, 2021, with participation from 2 investors.

Where does Ozow rank among its competitors?

Ozow ranks 13th amongst 97 active competitors, of which 11 are funded. It stands 5th in terms of total funding among its competitors. The most recent competitor to raise funding was PayU, which secured $35.1M in Jul, 2025.

Who are the top competitors of Ozow?

Ozow's top competitors include PayU, Flutterwave and Yoco. Among them, PayU secured the most recent funding round in July, 2025.

Ozow - 2026 Company Profile, Team, Funding & Competitors

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 97 active competitors, including 11 funded and 21 that have exited. Its top competitors include companies like PayU, Flutterwave and Yoco.

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
Social
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

Series B, Nov 17, 2021, $*****

Investors

Tencent & 3 more

Ranked

13^th among 97 active competitors

Employee Count

126 as on Mar 31, 2026

Similar Companies

Razorpay & 3328 more

View Ozow's full profile

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	9468724	Series B	3866888	8811226	6650315	5540707
Jun 25, 2019	2239414	Series A	9192379	3608957	Kalon Venture Partners	9414486

Access funding benchmarks and valuations. Sign up today!

View details of Ozow's funding rounds and investors

The founders of Ozow are Mitchan Adams and Thomas PAYS. Thomas PAYS is the CEO of Ozow.

Here 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 126 employees as of Mar 26. Here is Ozow's employee count trend over the years:

Uncover Ozow's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of Ozow include PayU, Flutterwave and Yoco. Here is the list of Top 10 competitors of Ozow, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	PayU 2002, Amsterdam (Netherlands), Series C	Provider of online payment processing and credit solutions for business markets	$35.1M	Naspers, Prosus & 4 others	83/100
2nd	Flutterwave 2016, San Francisco (United States), Series D	Provider of payment processing solutions for businesses	$489M	Greycroft, Avenir Growth Capital & 69 others	77/100
3rd	Yoco 2015, Cape Town (South Africa), Series C	Payment processing solutions for businesses and merchants	$107M	Velocity Capital Fintech Ventures, Partech Partners ... & 22 others	71/100
4th	ACI Worldwide 1975, Omaha (United States), Public	Process and manage digital payments	-	Starboard Value, JMI Management & 2 others	70/100
5th	Network International 1994, Dubai (United Arab Emirates), Acquired	Provides digital payment solutions and merchant services, catering to businesses with fintech support	$539M	General Atlantic, Warburg Pincus & 3 others	67/100
6th	First Data 1971, Atlanta (United States), Acquired	Payments processing service provider	-	W Capital Partners, Stone Point Capital & 3 others	66/100
7th	Dlocal 2016, Montevideo (Uruguay), Public	Diversified payment processing solution for businesses	$350M	Alkeon Capital Management, General Atlantic ... & 8 others	64/100
8th	CyberSource 1994, Foster City (United States), Acquired	Platform offering E-Commerce payment management	-	Batterson Venture Capital, VCapital & 1 others	60/100
9th	Peach Payments 2013, Cape Town (South Africa), Series A	Payment gateway solutions for businesses and merchants	$32M	Umkhathi Wethu, Allan Gray & 5 others	59/100
10th	Adumo 2019, Sandton (South Africa), Acquired	Provider of multi-channel payment processing and business engagement solutions	$25.9M	IFC Asset Management Company, Investec & 3 others	59/100
13th	Ozow 2005, Johannesburg (South Africa), Series B	Provider of payment solutions, including pay by bank and crypto payments	$51.7M	Endeavor, Tencent & 2 others	57/100