Logo Venture Capital for Africa

Balefyre (Pty) Ltd

Balefyre is the sole supplier of it’s patented USSDx – USSD over IP server and emDial application with Enriched USSD experience. The end to end solution allows Mobile Network Operators to extend the lifespan of their existing USSD infrastructure while providing their subscriber base a “Smart” application interface to these existing services.

Fundraising

This venture has not initiated a round of financing on this platform. If they choose to, the summary of the fundraising round will appear to registered investors here.

Idea

We have an elevator pitch. We want you to sign an NDA before we share our business plan. We have a revolutionary new idea that will change the rules of the game.
We have an elevator pitch. We want you to sign an NDA before we share our business plan. We have a revolutionary new idea that will change the rules of the game.

The idea is to deploy our solution across Africa and develop a critical mass of users on both the server and client side

Team

Our founder has the business savvy and persistence to turn ideas into a company. We have a business network and can get introduced to the right people. We can build the product - our team has what it takes. Given the time and money, we can deliver on our promises.
Our founder has the business savvy and persistence to turn ideas into a company. We have a business network and can get introduced to the right people. We can build the product - our team has what it takes. Given the time and money, we can deliver on our promises.

Brand Wolmarans, Valentin Micic, Earl Joseph


Product

We have a working product and you can request a demonstration. We have developed the product ourselves and own all of the IP for the product.
We have a working product and you can request a demonstration. We have developed the product ourselves and own all of the IP for the product.

USSDx and emDial V.1 are currently deployed with MTN South Africa and Nokia on their Lumia devices. V.2 will be available in Beta by end September on WIndows Phone and S40

Revenue

We plan to start by building a community of passionate customers. We will earn revenue from an advertising model. We plan to monetise our offering in the next phase.
We plan to start by building a community of passionate customers. We will earn revenue from an advertising model. We plan to monetise our offering in the next phase.

Revenue is based on a Transaction Per Second Licensing revenue model with the potential to monetise the client application facing the subscriber

  1. Idea and Stage

  2. Team and Organization

  3. Market and Marketing

  4. Finance

  5. Investment

Team

Updates

More info