Funanga has developed its fully-owned interconnectivity-platform for real-time interaction between online merchants and physical retail locations (POS). Through one real-time API its platform currently enables online businesses to take cash payments from their customers. This solution allows online merchants to tap into the most universal payment method – cash, for e-commerce. Funanga works under the CashtoCode brand which is a closed-loop (white-label), single-purpose, non-transferrable, instant redemption – cash payment service.
Investment date: 2016