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Abela Going Cashless

Cover image of Abela, Financial services venture on VC4A

abela.app started as a QR code enabled payment platform offering users without a bank account the ability to receive tips and payments digitally. Today, we support the informal economy with the same autonomy and security that banks offer to the formal economy. Our unique solution offers underserved communities the ability to earn, spend and save their money how and when they like at cost effective rates and with a platform which is easy to use. Our aim is to provide our customers with a fully inclusive digital banking solution and to give our customers first time access to digital financial products and services.

SectorsFinancial services, Fintech
LocationCape Town, South Africa
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