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Innovation Armylaunchpad
Venture / PartnershipExampleFintech · Johannesburg, ZA

StokvelPay

A digital platform that modernises stokvels and community savings groups.

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StokvelPay

Illustrative listing. The host, product, outcomes, updates, figures and dates are examples. No affiliation with City of Tshwane or Rand Water is claimed. The stock photo or fallback illustration is not product or beneficiary evidence.

Photo: Ali Mkumbwa on Unsplash

StokvelPay digitises contributions, payouts and record-keeping for stokvels, with built-in transparency.

01 · The problem

Stokvels manage billions in cash with paper records.

02 · Our solution

Mobile contributions, automated payouts and an audit trail.

03 · Traction so far

R1.2M processed across 240 groups.

Risk & evidence requirements

Interest is non-binding and creates no investment contract, reserved shares or NDA. Private due diligence and legal agreements are separate; losses are possible.

This example has no independently verified supporting evidence, enforceable prize rules, product warranty or receipt approval.

  • Dated traction evidence: Separate targets from achieved results; cite signed pilots, revenue periods and measured outcomes.
  • Ownership & conflicts of interest: Identify relevant financial interests and related parties. Do not publish confidential ownership documents.