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iKhokha enables entrepreneurs to accept both in-person and online payments, offering access to working capital and affordable business management tools such as daily sales analytics and performance tracking. Recently, the company experienced substantial changes in its shareholding structure due to its strong growth over the past five years, including a decision to separate from the Adumo group.
CEO Matt Putman emphasized the significance of providing funding to the small business sector amidst a challenging economic landscape. He stressed the importance of supporting the often-overlooked self-employed sector to foster economic growth and decrease unemployment rates.
Miguel Da Silva from Retail Capital highlighted the importance of strong partnerships in assisting entrepreneurs. Additionally, Nic Smalle, MD of Khokha shareholder Apis Partners, expressed optimism about the company’s potential as an independent entity in the future.
Source: InnovationVillage