# Happy Pay

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/happy-pay

- Industry: Financial Services
- Headquarters: Cape Town, South Africa
- Website: www.happypay.co.za
- Total disclosed funding: $5M
- Latest round: Seed (Mar 23, 2026)
- Investors on record: 9

## About

Based in Cape Town, South Africa, and founded in 2021 by co-founders Wesley Billett and Patrick Postrehovsky, Happy Pay Proprietary Limited provides consumers with the ability to purchase goods and services online and split payments into two equal instalments without incurring interest or requiring a deposit. In March 2026, Happy Pay Propriety Limited raised USD 5 million in seed funding led by Partech Partners, with participation from Futuregrowth Asset Management, University Technology Fund, Felix Strategic Investments, Equitable Ventures, E4E Africa, and 4Di Capital.

Happy Pay Proprietary Limited offers BNPL service. This service allows customers to purchase at participating online stores and then pay for them in instalments. Customers can choose to split the cost of their purchase over two paychecks, with no interest or upfront deposit required. Happy Pay also serves merchants by providing a payment option that helps increase customer conversion rates and average order sizes.

The company will use the September 2024 funding to accelerate its growth and expand its product offerings.

## Funding rounds

- Seed, Mar 23, 2026, $5M — Partech Partners, 4Di Capital, Futuregrowth Asset Management, E4E Africa, Launch Africa Ventures, Enso Equity, University Technology Fund, Felix Strategic Investments, Equitable Ventures

## Investors

- Partech Partners (https://capitalatlas.ai/funds/partech-partners) — Seed
- 4Di Capital (https://capitalatlas.ai/funds/4di-capital) — Seed
- Futuregrowth Asset Management (https://capitalatlas.ai/funds/futuregrowth-asset-management) — Seed
- E4E Africa (https://capitalatlas.ai/funds/e4e-africa) — Seed
- Launch Africa Ventures (https://capitalatlas.ai/funds/launch-africa-ventures) — Seed
- Enso Equity — Seed
- University Technology Fund — Seed
- Felix Strategic Investments (https://capitalatlas.ai/funds/felix-strategic-investments) — Seed
- Equitable Ventures (https://capitalatlas.ai/funds/equitable-ventures) — Seed