• Latest
  • Trending
Talk360 To Establish an African Payment Platform With New Funding

Talk360 obtains $4 million to establish an African payment platform and develop its calling business.

June 10, 2022
South African investment giant raises caution on Bitcoin ETF risks

South African investment giant raises caution on Bitcoin ETF risks

September 26, 2025
OpenAI’s ChatGPT Pulse now available for Pro users

OpenAI’s ChatGPT Pulse now available for Pro users

September 26, 2025
MSport 2025

MSport 2025: Nigeria’s #1 Sports Betting Site, Powered by Chelsea & BVB

September 25, 2025
MNT-Halan introduces Egypt’s first secure lending solution via Halan App

MNT-Halan introduces Egypt’s first secure lending solution via Halan App

September 25, 2025
Visa, intella partner to boost MENA’s financial institutions with Arabic conversational AI

Visa, intella partner to boost MENA’s financial institutions with Arabic conversational AI

September 25, 2025
Airtel Africa invests in education with 100 scholarships and new tech hubs

Airtel Africa invests in education with 100 scholarships and new tech hubs

September 25, 2025
SINOTRUK enters Libya with Aseel Auto as exclusive distributor in Benghazi

SINOTRUK enters Libya with Aseel Auto as exclusive distributor in Benghazi

September 25, 2025
Tango Brook launches digital card for fuel management

Tango Brook launches digital card for fuel management

September 25, 2025
AI in Nigeria announces 3rd edition of InnovationAI

AI in Nigeria announces 3rd edition of InnovationAI

September 25, 2025
Interswitch Unveils Quickteller Travel to Transform African Travel Experience

Interswitch Unveils Quickteller Travel to Transform African Travel Experience

September 25, 2025
Your one-stop tech hub! Get the latest updates on AI, cybersecurity, fintech, and emerging technologies.
  • Tech News
    • Africa Tech
    • Global Tech
    • Tech with Pelumy
    • Tech Careers
    • Tech TV
    • General News
    • How To
    • Reviews
  • Cryptocurrency
  • Fintech
  • Startups
  • Ai
No Result
View All Result
  • Tech News
    • Africa Tech
    • Global Tech
    • Tech with Pelumy
    • Tech Careers
    • Tech TV
    • General News
    • How To
    • Reviews
  • Cryptocurrency
  • Fintech
  • Startups
  • Ai
No Result
View All Result
Techpression
No Result
View All Result
Home Business

Talk360 obtains $4 million to establish an African payment platform and develop its calling business.

Staff Writer by Staff Writer
June 10, 2022
141 9
0
Talk360 To Establish an African Payment Platform With New Funding
466
SHARES
Share on FacebookShare on TwitterWhatsAppTelegram

Talk360, an international calling app that allows individuals worldwide to make dependable and economic calls to any landline or mobile phone globally, has raised $4 million (R64 million) in financing as it looks to introduce a new pan-African payment platform by mid-2022. The seed round of funding was spearheaded by HAVAC, a significant African venture capital investor; 4Di Capital; and other prominent fintech angel investors.

While the Talk360 app is rapidly expanding on the continent, with an increasing number of paying subscribers, accessibility has been a problem for the continent’s 500 million underserved people.

Users either do not have internet banking, or their local currencies or payment methods are not supported. The new payment platform intends to solve the ongoing inaccessibility issue by allowing consumers to purchase goods and services using any money and more than 160 payment methods. It will also be open to other service providers.


Dean Hiine, a South African venture builder, and Dutch entrepreneurs Hans Osnabrugge and Jorne Schamp launched Talk360 in 2016. With operations in South Africa, the Netherlands, India, and Nigeria, it expects to connect more than 2 million individuals by 2021.

RelatedPosts

Talk360’s NjiaPay to unify payment solutions for Africa

South African Startup Talk360’s Seed Funding Hits $7M

 

What They Are Saying About Talk360 App

“From the beginning, our purpose has been to bridge distance and connect lives by providing dependable, inexpensive, and simple-to-use digital services offered locally to all communities, particularly emerging countries so that they can connect to the world,” Hiine added.


“The Talk360 app is currently the number one calling app in Africa, regardless of users’ currency or the preferred payment method.” Our reach extends beyond the standard credit and debit card support that multinational corporations typically employ, thanks to our +750K physical points of sale and ability to handle mobile wallets. “We now have enough traction to attract internationally known investors to help us extend our presence and allow other companies to use our unique single-checkout payment platform for all of Africa,” Hiine said.

 

Read Also : Major Telcos Join Huawei to Release IntelligentRAN

 


The managing partner of HAVAC, Ian Lessem, said that Talk360’s ability to overcome the difficulty of distribution in Africa and organic growth was “nothing short of extraordinary.” He praised the quality of its product, technology, and leadership team.


“With HAVAC’s knowledge, networks, and complementary investments in Africa, we are quite enthused about the prospects of Talk360.” Lessem added, “We think the company will continue on its path of gaining clients at an exponential rate and will also be well on its way to taking advantage of this growth by offering its growing customer base other technology-enabled goods that complement what it already sells.”

 

More On The New Funding for Talk360

Among the angel investors are several unicorn founders and executives, such as Gaston Aussems (ex-Mollie), Robert Kraal (ex-Adyen), and Gabriel de Montessuss (President of WorldPay International), and Marnix van der Ploeg (ex-Booking.com and EQT). According to Aussems, Africa is an “attractive growth market” with a rapidly increasing middle class.
“Through the calling app, Talk360 has already connected many individuals and is continually enhancing the lives of its clients.”

 

Talk360 Expected Impact

With 60% of the population under 25, mobile digital services have an enormous opportunity. “The new payment platform will enable suppliers to sell their services across the continent and provide an appropriate payment option for every consumer,” said Aussems.

Through its rapidly expanding agent network, Talk360 also intends to accelerate its mission to create jobs and eliminate unemployment in the communities it serves. “By generating jobs and micro-enterprise opportunities inside different communities, we discovered how we might help African consumers and businesses connect with their loved ones,” said Osnabrugge.

 

Read Also : AIMS (Ghana) and Google (Africa) have teamed up to conduct cooperative research in Africa.

 

Poverty is a significant impediment to children’s acquiring education in Nigeria. Many families cannot pay the requisite tuition to send their children to school. Even in settings where education is provided for free, many families cannot afford the cost of school supplies and uniforms for their children, so this is a fantastic thing to do for them.

Tags: Talk360
Staff Writer

Staff Writer

No Result
View All Result

Quick Links

  • Tech News
  • Cryptocurrency
  • Fintech
  • Startups
  • Business

Follow Us:

  • facebook
  • instagram
  • Twitter(X)
  • Linkedin
  • YouTube
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2025 Techpression.com -Techpression Media Limited

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

We are using cookies to give you the best experience on our website.

You can find out more about which cookies we are using or switch them off in .

No Result
View All Result
  • Home
  • Tech News
    • Africa Tech
    • Global Tech
    • Tech with Pelumy
    • Tech Careers
    • Reviews
    • How To
    • General News
  • Cryptocurrency
  • Business
  • Fintech
  • Startups
  • Featured
  • Ai
  • Tech TV

© 2025 Techpression.com -Techpression Media Limited

techpression.com
Powered by  GDPR Cookie Compliance
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.

Strictly Necessary Cookies

Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings.

3rd Party Cookies

This website uses Google Analytics to collect anonymous information such as the number of visitors to the site, and the most popular pages.

Keeping this cookie enabled helps us to improve our website.