Setcom - About the company
Setcom is an acqui-hired company based in Sandton (South Africa), founded in 1998 by David Liu. It operates as an API-linked payment gateway service provider.. The company has 96 active competitors, including 10 funded and 21 that have exited. Its top competitors include companies like PayU, Flutterwave and ACI Worldwide.
Company Details
Setcom is an API-linked payment gateway service provider to e-commerce businesses processing online and mobile card payments and EFT transactions. It transaction fees starts from R1.2 per transactions.
- Website
- setcom.co.za
- Social
Key Metrics
Founded Year
1998
Location
Sandton, South Africa
Stage
Acqui-Hired
Investors
Ranked
73rd among 96 active competitors
Employee Count
6 as on Mar 31, 2026
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Setcom's funding and investors
Setcom is a funded company. Setcom has 1 institutional investor.
View details of Setcom's funding rounds and investors
Setcom's founders and board of directors
Founder? Claim ProfileThe founders of Setcom is David Liu. Eran Feinstein is the CEO of Setcom.
Here are the details of Setcom's key team members:
- David Liu: Founder of Setcom.
- Eran Feinstein: CEO of Setcom.
View details of Setcom's Founder profiles and Board Members
Setcom's employee count trend
Setcom has 6 employees as of Mar 26. Here is Setcom's employee count trend over the years:
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Setcom's Competitors and alternates
Top competitors of Setcom include PayU, Flutterwave and ACI Worldwide. Here is the list of Top 10 competitors of Setcom, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | PayU 2002, Amsterdam (Netherlands), Series C | Provider of payment solutions and credit products for online merchants | $35.1M | 84/100 | |
2nd |  Flutterwave 2016, San Francisco (United States), Series D | Provider of payment solutions for online and physical business transactions | $489M | 83/100 | |
3rd | ACI Worldwide 1975, Omaha (United States), Public | Process and manage digital payments | - | 76/100 | |
4th | Network International 1994, Dubai (United Arab Emirates), Acquired | Provides digital payment solutions and merchant services, catering to businesses with fintech support | $539M | 71/100 | |
5th |  Worldline Global 1970, Bezons (France), Public | Provider of payment processing solutions for merchants and financial institutions | - | 59/100 | |
6th |  Adumo 2019, Sandton (South Africa), Acquired | Provider of payment solutions, card machines, and customer engagement platforms | $25.9M | 59/100 | |
7th | Peach Payments 2013, Cape Town (South Africa), Series A | Payment gateway solutions for businesses and merchants | $32M | 58/100 | |
8th | First Data 1971, Atlanta (United States), Acquired | Payments processing service provider | - | 58/100 | |
9th | Equiniti 2002, Lancing (United Kingdom), Acquired | Provider of financial technology and payment processing solutions | - | 58/100 | |
10th |  Ozow 2005, Johannesburg (South Africa), Series B | Provider of payment solutions, including pay by bank and crypto payments | $51.7M | 56/100 | |
73rd | Setcom 1998, Sandton (South Africa), Acqui-Hired | API-linked payment gateway service provider. | - | 19/100 |
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Setcom's Investments and acquisitions
Setcom has made no investments or acquisitions yet.
Reports related to Setcom
Here is the latest report on Setcom's sector:
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