# Qwili proprietary

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/qwili-proprietary

- Industry: Consumer Products
- Headquarters: Cape Town, South Africa
- Website: www.qwili.africa
- Total disclosed funding: $1.2M
- Latest round: Seed (Jul 28, 2022)
- Investors on record: 5

## About

Based in South Africa, and founded in 2019 by Luyolo Sijake (CEO), Thandwefika Radebe (CSO), and Tapfuma Masunzambwa, Qwili provides a hybrid hardware-software solution that enables payment transactions utilizing smartphones. In July 2022, the firm raised USD 1.2 million in seed funding led by investor E4E Africa, with participation from other new investors Codec Ventures, Next Chymia Consulting HK Limited, Strattech Partners, and Untapped Invest, Inc. Individual investors also participated in the round. 

Qwili proprietary limited creates an operating system software for devices that deliver peer-to-peer transactions, voice-led in local language instructions on how to use Qwili's app, and other services. The firm’s sales platform offers electricity, airtime, pay TV subscriptions, groceries, foreign remittances, and other things and services. There are various simple cash-in options for agents to top up their balance.

The company plans to use July 2022 funding to expand its team and focus on hardware production as well as software product development.

## Funding rounds

- Seed, Jul 28, 2022, $1.2M — Strattech Partners, E4E Africa, Next Chymia Consulting HK Limited, Untapped Invest, Inc., Codec Ventures

## Investors

- Strattech Partners (https://capitalatlas.ai/funds/strattech-partners) — Seed
- E4E Africa (https://capitalatlas.ai/funds/e4e-africa) — Seed
- Next Chymia Consulting HK Limited — Seed
- Untapped Invest, Inc. — Seed
- Codec Ventures — Seed