Beyonic

Acquired

Kampala, Uganda · Founded 2016

Headquarters
Kampala
Employees
11–50
Founded
2016
Business Model
B2B
Last Round
SeedApr 2016
Rounds
2
Acquisition Date
Jun 2020

About

Beyonic offered businesses a two-way payment management solution for mobile money across Africa, enabling collections and disbursements through a single API. Founded in 2011 in Kampala, Uganda, Beyonic was acquired by MFS Africa in 2020 and rebranded as Onafriq. The beyonic.com domain now redirects to Onafriq.

Summary

Beyonic is a Fintech company based in Kampala, Uganda, founded in 2016. Its most recent funding was a Seed round in Apr 2016. Investors include 500 Global and Omidyar Network.

Tech & App Stack

4 technologies & apps tracked

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Funding & Exit History

AcquisitionJun 2020

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Funding: Seed. Amounts, valuations, and investors where available.

Investors

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