Cybatar

Last updated
Cybatar
Industry Venture capital, Technology industry
FoundedOctober 6, 2014;10 years ago (2014-10-06)
Founder
Headquarters Johannesburg
Key people
Products Venture capital, Investments
Website cybatar.vc

Cybatar is a venture capital firm and startup accelerator founded by Phiwa Nkambule in October 2014 initially as a social networking platform for tech entrepreneurs and developers. [1] It invests in the internet of things, big data and cloud computing, and has been involved in the development of other technology startups including financial technology company Riovic. [2]

Contents

In 2015 the company announced Africa's first fuel delivery network [3] [4] which was received as evidence that South African entrepreneurs had embraced the idea of the On Demand Economy, [5] [6] and as an improvement to the Petroleum Industry value chain. In the wake of the FeesMustFall protests in South Africa, the company launched a university scholarship crowdfunding platform and campaign to save students across the country who were in tuition debt and were facing financial exclusions in 2016. [7] [8] [9]

The software company also received international recognition for being lean and its technological contribution to the community in South Africa through a nomination for the African Corporate Excellence Awards 2015 under the Information Technology category. [2] [10] It was then named Best Cloud Computing Company - Africa in November 2015 in the awards. [11] [12] [13]

In 2018 Cybatar invested in the research and development of LipaSafe, an escrow payments platform, in Kenya. [14]

See also

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References

  1. ↑ "New Social Network: Cybatar.com Hits the Web - MyPressportal - Free press releases South Africa, RSS". Pressportal.co.za. Archived from the original on 2018-07-24. Retrieved 2015-10-31.
  2. 1 2 Brendyn Lotz (2015-10-14). "International award in sight for SA app that brings you petrol - htxt.africa". Htxt.co.za. Archived from the original on 2017-01-12. Retrieved 2015-10-31.
  3. ↑ "Cybatar FillApp to eliminate the need to go to a filling station | IT News Africa- Africa's Technology News Leader". IT News Africa. 6 October 2015. Archived from the original on 2018-07-01. Retrieved 2015-10-31.
  4. ↑ "FillApp: Africa's First Fuel Delivering Service". Nunnovation. Archived from the original on 2016-02-20. Retrieved 2015-10-31.
  5. ↑ Thomas, Stuart (2015-10-09). "Don't fancy queuing for petrol? This app's got you covered – Ventureburn". Ventureburn.com. Archived from the original on 2015-10-19. Retrieved 2015-10-31.
  6. ↑ Chibuzor Okoye (2015-10-12). "FillApp: Never get stuck with an empty fuel tank (available for SA only)". Somtoo.com. Archived from the original on 2016-03-04. Retrieved 2015-10-31.
  7. ↑ Coetzee, Jacques (2015-10-26). "Crowdfunding platform EduFund seeks to save SA students from tuition debt – Ventureburn". Ventureburn.com. Archived from the original on 2018-07-01. Retrieved 2015-10-31.
  8. ↑ Mzekandaba, Simnikiwe (28 October 2015). "Crowdfunding to aid #FeesMustFall campaign". ITWeb. Archived from the original on 2015-10-29. Retrieved 2015-10-31.
  9. ↑ Lungelo Shezi (28 October 2015). "Crowdfunding site launched to help 500 SA students cover tuition fees by end of 2015 - htxt.africa". Htxt.co.za. Archived from the original on 2017-06-23. Retrieved 2015-10-31.
  10. ↑ "2015 African Excellence Awards". Corporate Vision. Archived from the original on 2015-10-26. Retrieved 2015-11-01.
  11. ↑ "Corporate Vision - Cybatar Inc". Archived from the original on 2020-01-15. Retrieved 2021-02-20.
  12. ↑ "2015 Best Cloud Computing Company - Africa". Corporate Vision. Archived from the original on 2016-03-04. Retrieved 2016-01-02.
  13. ↑ "SA Startup Awarded for Excellence". BizCommunity. Archived from the original on 2016-03-04. Retrieved 2016-01-13.
  14. ↑ "How Kenya's LipaSafe Will Reduce Fraudulent Online Transactions". Tech In Africa.
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