LittleFish
A company focused on supporting and facilitating commerce for nano, micro, and small business owners.
| Date | Investors | Amount | Round |
|---|---|---|---|
| N/A | €0.0 | round | |
* | N/A | Seed | |
| Total Funding | 000k | ||
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LittleFish operates as a South African financial technology firm, positioning itself as a key enabler for banks and financial institutions to effectively serve the nano, micro, and small business sector.
Founded in 2021 by CEO Brandon Roberts and Miod Davith Kahwa, the company was established to address the significant financial services gap for Africa's 80 million Small and Medium-sized Enterprises (SMEs). Roberts, with a background in enterprise software, transitioned from a corporate career to launch the venture, driven by a vision to empower traditional financial institutions to compete with emerging fintechs. The founding team's deep understanding of the fintech industry was a key factor in attracting early investment.
The company's core business revolves around a B2B model, providing a comprehensive, omni-channel digital platform to its partners, which include banks, insurers, and other fintechs. This platform equips them with a suite of tools to offer their SME clients, thereby enhancing client retention and service delivery. The business generates revenue by offering this platform to financial institutions, enabling them to provide better services to their merchant clients. LittleFish's solution allows banks to offer services such as digital payment processing, access to credit, inventory management, and e-commerce functions without the heavy operational costs typically associated with these services.
LittleFish's product is a configurable platform that integrates various business operations into a single interface. It supports multiple payment channels, including traditional point-of-sale (POS), mobile POS, and Tap2Phone. A key achievement for the company was securing a seed funding round led by TLcom Capital, with participation from Flourish Ventures. This marked TLcom's first investment in South Africa. Furthermore, LittleFish has entered into a strategic partnership with Visa to streamline digital experiences for MSMEs, integrating Visa's CyberSource system for secure payment processing and expanding service offerings.
Keywords: SME banking, fintech, B2B financial services, merchant services, digital payments, South Africa, financial inclusion, commerce platform, payment processing, small business tools, banking-as-a-service, Brandon Roberts, MSME, omni-channel payments, point-of-sale solutions, e-commerce enablement, access to credit, financial technology, Africa fintech, bank-fintech partnership