GLU Global (Pty) Ltd. – ‘GLU’ – (HQ in Cape Town) is disrupting the USD240 billion Systems Integration industry by offering a universal and ruggedized plug-and-play system integration solution for Developing (current focus) and Developed Markets. Founded by star leaders in mobile payments pioneer, Fundamo (acquired by VISA for USD110 million), GLU has multiple commercial deployments with strong reference customers and a full pipeline of sales targets across Sub-Sahara Africa, Middle East and Eastern Europe. Just over four years old, founder-funded GLU has achieved profitability organically and will raise USD6 million in three stages to resource the expansion of the business. This expansion will realize a 5-year revenue of USD40 million, positioning GLU as the most attractive acquisition target in the global Systems Integration industry.
We’re proud to announce the 10 ventures for the 2020 VC4A Venture Showcase Series A – virtual edition! To ensure that innovative high-growth ventures… read more