Ukheshe
“Can Ukheshe become the go-to embedded finance infrastructure layer for banks, telcos, and fintechs across Africa and emerging markets via its Eclipse API?”
Founded in 2018 in South Africa as a payment-platform specialist, Ukheshe pivoted quickly from point-solution payments processing to a full Banking-as-a-Service enablement layer anchored by its Eclipse API. The company positioned itself as the embedded finance infrastructure partner for banks, telcos, and fintechs across Africa and emerging markets — white-labelling digital wallets, card issuing, KYC, and cross-border remittance capabilities. In 2022 it established a UK-headquartered international division and raised institutional capital from DPI to accelerate expansion beyond South Africa into 40+ markets.