# Scale

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/scale

- Industry: Software
- Headquarters: South Africa
- Website: www.enabling-scale.com
- Total disclosed funding: $0.7M
- Latest round: Seed (Oct 9, 2024)
- Investors on record: 3

## About

Based in South Africa and founded in 2023 by CEO Miranda Perumal and Barbara Woollams, Scale operates as a financial technology company that focuses on developing an issuer orchestration platform and payments enabler that specializes in card-issuing enablement, assisting fintechs achieve their go-to-market and speed-to-revenue strategies. In October 2024, Scale raised USD 0.7 million in seed funding co-led by 54 Collective and First Circle Capital, with participation from Sunny Side Venture Partners.

The company offers a comprehensive suite of services designed to facilitate go-to-market strategies and accelerate revenue generation. Scale provides a card-issuing orchestration platform that offers non-bank payment solutions, including partnership strategies, local market navigation, and the negotiation of agreements. Scale's proprietary technology stack, SOIL (Scale’s Orchestration Issuing Layer), serves as an end-to-end solution that streamlines product launches, enabling fintechs to issue cards and connect with essential banking services.

The company plans to use its proceeds from October 2024 funding to expand its market reach to Kenya, Ivory Coast, and Zambia.

## Funding rounds

- Seed, Oct 9, 2024, $0.7M — 54 Collective, First Circle Capital, Sunny Side Venture Partners

## Investors

- 54 Collective (https://capitalatlas.ai/funds/54-collective) — Seed
- First Circle Capital (https://capitalatlas.ai/funds/first-circle-capital) — Seed
- Sunny Side Venture Partners (https://capitalatlas.ai/funds/sunny-side-venture-partners) — Seed