What we do: Paycorp Investments (Pty) Ltd deploys and operates over 5,000 ATMs across Southern Africa in a wide range of industries and locations, including underdeveloped markets. The company can install ATMs anywhere thanks to wireless and solar technology. Paycorp runs one of the largest third-party transaction switches in Africa and connects to a wide range of banking partners and card associations in South Africa, Namibia, Zambia and Hungary.

Ownership & Management: Paycorp is mostly owned by its founder Steven Kark after he previously worked as a Director at Interbrand. Steven also co-founded ATM Solutions in 1999, DrawCard in 2004 and EFTPOS in 2005. The company has full complement of both non-executive and executive board of directors.

Key financial indicators: Not provided. Paycorp operates in partnership with the large local international financial institutions such as ABSA, Nedbank, Standard Bank, Investec, Bank Windhoek, Ubank, Bankserv Africa, South African Reserve Bank, Visa, MasterCard among many others.

Track record: Paycorp operates in 16 countries and employs over 500 people with a broad and complementary range of payments products. The company has specific service based operations in South Africa, Namibia, Zambia, Hungary, Botswana, Zimbabwe, Philippines, Thailand, Cambodia, Pakistan and DRC

Contact details: Tel: (+27) 11 531 5300 Email: kerrys@paycorp.co.za Address: 14 Pongola Crescent, Eastgate Ext 17, Sandton, Johannesburg, South Africa Website: http://paycorp.co.za

Or contact us for free additional information at info@peafrinsights.co.za