6DOT50

What 6DOT50 does

6DOT50 Proprietary Limited is a South African fintech that operates a digital-money voucher platform enabling users to store, send, and spend value without a bank account. Its core products are Digital Rand (DZAR) and Digital Dollar (DUSD) vouchers, each 100% backed by fiat currency held in segregated bank accounts, accessed via a multi-channel super app on iOS, Android, and Huawei, plus zero-rated USSD for users without smartphones. The platform is architected for compliance using Chainalysis blockchain analytics and is hosted on Microsoft Azure, with a modular structure that exposes Redemptions and PAY APIs to developers and supports white-label 'Powered by 6DOT50' deployments.

The company serves two primary segments: 11 million+ unbanked South Africans seeking a zero-KYC transactional account accessible via mobile number, and 7.7 million cryptocurrency holders who need an off-ramp to spend crypto at traditional retailers. Merchants — 90,000+ stores including the Shoprite Group, plus 65,000+ Zapper-enabled and 25,000+ wiGroup wiCode-enabled locations — accept DZAR and settle in fiat. The company monetizes via negotiated merchant settlement fees, crypto-to-voucher conversion fees (with a 15-minute price guarantee), merchant cash-out fees (2.5% + R15, or 5.5% via VoucherLink), and licensing fees from the white-label program (deployed sub-brands KasiCASH for unbanked users and cryptopmts for crypto off-ramp).

Distribution combines a product-led growth consumer app, API-first developer onboarding, and channel partnerships with major South African retailers and payment aggregators. Recent strategic emphasis has shifted toward higher-value verticals (1,400+ vehicle dealerships via BTS/Seriti and 69+ Super Group dealerships via ForumPay), cross-border expansion to 14 countries for crypto-funded accounts, and developer/partner integrations (HostAgents, BanQu, PayJoy) that layer payroll, incentives, supply-chain, and installment-financing flows on top of the underlying voucher rail.

Name

6DOT50

Legal name

6DOT50 Proprietary Limited

Website

https://6dot50.com

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

1–10 employees

Short description

6DOT50 (Stellenbosch, South Africa, founded 2015) operates a digital voucher platform (Digital Rand and Digital Dollar) that lets unbanked users and cryptocurrency holders store, send, and spend value at 90,000+ merchants without a bank account, via mobile apps, USSD, and white-label APIs.

Ownership category

akta.pro rank

Product category

Mobile Payments Platform

SIC

Finance Services (6199)

akta.pro primary industry

General-Purpose Digital Wallets (P2P + Merchant) (FSAMAEAA)

akta.pro secondary industry

Digital Gift Cards, Vouchers & Stored-Value (Crypto) (FSADAIAN)

Keywords

• Digital money vouchers
• Mobile payment platform
• Cryptocurrency offramp
• Unbanked financial services
• Merchant payment solutions

Headquarters

HQ city

Stellenbosch

HQ country

South Africa

HQ region

Africa

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Software

Cost components

Technology or R&D, Personnel, Infrastructure, Operations, Marketing or Sales

Revenue model

1. Merchant Settlement Fees: Negotiated fees charged to merchants when customers use 6DOT50 to pay for goods and services. Settled daily/next business day to merchant bank accounts.
2. Crypto-to-Voucher Conversion: Fees charged when users purchase Digital Rands using cryptocurrency (Bitcoin, Ethereum, Bitcoin Cash, Litecoin, Dash, XRP).
3. Merchant Cash-out Fees: 2.5% transaction fee plus R15 per cash-out request for merchants converting DZAR to fiat. VoucherLink merchants subject to 5.5% cash-out fee.
4. API Licensing: 'Powered by 6DOT50' licensing arrangements where partners build on 6DOT50 technology under their own brand.

Pricing tiers

Go-to-market motion3 records

Distribution channels10 records

Marketing channels6 records

Core offering

6DOT50 is a fintech platform that issues fiat-backed digital money vouchers (Digital Rand/DZAR pegged 1:1 to ZAR and Digital Dollar/DUSD) enabling users to store, send, spend, and receive value without a bank account. The platform is accessible via mobile apps (iOS, Android, Huawei), zero-rated USSD for feature phones, and APIs. Users fund vouchers with cash at retail till points, bank cards (Pay@), EFT, or eight cryptocurrencies (including Bitcoin, Ethereum, Litecoin, XRP), and spend at 80,000+ merchants across Zapper, wiCode, and direct integrations including Shoprite, Pick n Pay, and Super Group dealerships.

Product overview

6DOT50 is a voucher-based transactional services platform operating as a single voucher exchange ecosystem. The core platform consists of Digital Rand (DZAR) and Digital Dollar (DUSD) digital money vouchers, accessible through the 6DOT50 Super App (iOS, Android, Huawei), zero-rated USSD, and web portals. These vouchers are backed 100% by fiat currency held in bank accounts. The platform is architected as a modular ecosystem where complementary products layer onto the core voucher infrastructure: the Redemptions API and PAY API provide developer access for payment integration and value distribution; white-label sub-brands KasiCASH (for the unbanked) and cryptopmts (for crypto off-ramp) extend reach via the Powered by 6DOT50 program; and InstaVouch enables merchant-branded voucher distribution. The platform bridges cash, cryptocurrency, and formal retail ecosystems through integrations with Zapper (65,000+ stores), wiCode/wiGroup (25,000+ stores), and Pay@.

Differentiator

Problem solved

Functional benefit

Brands

• KasiCASH: Free transactional account designed specifically for unbanked and underbanked users including waste pickers, car guards, petrol attendants, domestic workers, farm laborers and informal traders to enjoy safe and easy access to digital transactional services.
• Cryptopmts
• 6DOT50 Pay
• Digital Rand (DZAR)
• Digital Dollar (DUSD)

Products and services

• Digital Rand (DZAR) A digital money voucher product linked 1:1 to the South African Rand where 1 DZAR equals 1 ZAR; 100% of voucher value is held in a bank account for the user's benefit. Used as a store of value and payment method across 80,000+ merchants without requiring a bank account.
• Digital Dollar (DUSD) A digital voucher product linked to the US Dollar, available for purchase using Digital Rands. Allows users to hold and store USD value within the 6DOT50 ecosystem (redeemable only for Digital Rands).
• 6DOT50 Super App The main mobile application serving as a super app that enables users to access all 6DOT50 features including buying, sending, and spending Digital Rands, purchasing cryptocurrency, buying airtime and data, and accessing Powered by 6DOT50 applications. Available on iOS, Android, and Huawei.
• 6DOT50 Redemptions API A public API enabling developers and businesses to add 6DOT50 as a payment option. Merchants can accept Digital Rand payments from cash and crypto customers with instant payment confirmation and settlement in local fiat currency.
• 6DOT50 PAY API A public API enabling real-time distribution of Digital Rands to any mobile number. Ideal for distributing rewards, incentives, commissions, wages, refunds, and donor funds. Supports both bulk payment via web portal and real-time API integration.
• InstaVouch A white-label solution powered by 6DOT50 that enables approved merchants to distribute DZAR vouchers to recipients via a branded web-application. Recipients access vouchers through a unique URL leading to a transactional wallet branded with the merchant's name, streamline, colour scheme, and logo.
• VoucherLink A 6DOT50 product enabling approved merchants to accept 6DOT50 vouchers from customers who have not registered as 6DOT50 members. These customers purchase vouchers and immediately redeem them in favour of the merchant. Subject to 5.5% cash-out fee.
• 6DOT50 PAY Merchant Portal A merchant portal (pay.6dot50.com) enabling merchants to manage their DZAR account balance, initiate instant Digital Rand payments to any mobile number via bulk upload or real-time, download transaction history, and access various merchant management features.
• 6DOT50 Redemptions Portal A merchant portal (redemptions.6dot50.com) serving as a DZAR receipts portal allowing merchants to view their 6DOT50 redemption account balance, request cash-out of DZAR balance, and update banking details for cash-out purposes.
• Powered by 6DOT50 (White-Label Program) A white-label licensing program enabling businesses to incorporate aspects of 6DOT50 in their own applications. Partners can select specific modules including custom voucher types, banking-grade transactional accounts, purchase options (cash, bank cards, crypto, EFT), SEND functionality, merchant acceptance, USSD/Web/App access, and request/pay functionality.
• KasiCASH (Powered by 6DOT50) A branded application built on 6DOT50 technology, designed specifically for the unbanked and underbanked user community (waste pickers, car guards, petrol attendants, domestic workers, farm labourers, informal traders). Provides a free transactional account accessed through zero-rated USSD, enabling users to store money, send money, receive money, and access safe digital payments.
• cryptopmts.com (Powered by 6DOT50) A branded application built on 6DOT50 technology, serving as South Africa's largest non-bank crypto off-ramp. Enables cryptocurrency holders to convert their crypto into DZAR and spend at over 80,000 stores and online retailers. Now available in 14 countries.

Quantifiable outcome

• 80,000+ merchants and online retailers accept 6DOT50
• +5 more outcomes

Named customers12 records

Segments5 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature8 records

Partnerships

15 partnerships are on record, tiered core and minor.

• ForumPaycoreTechnology or Integration · 25 June 2026ForumPay partnered with 6DOT50 and Seriti to enable South Africa's first fully integrated cryptocurrency vehicle purchase at Mercedes-Benz Constantiaberg, expanded to 69 Super Group dealerships. ForumPay facilitates crypto-to-fiat conversion while 6DOT50 provides the voucher bridge for settlement. Over R40 million in crypto-related value has flowed to SA merchants.
• Super Group DealershipscoreChannel Partner/ Reseller/ Distributor · 14 December 202369+ Super Group dealerships accept cryptocurrency vehicle payments via 6DOT50/ForumPay/Seriti integration. Merchants receive fiat settlement without crypto volatility risk.
• cryptopmts (Powered by 6DOT50)coreOEM/ Whitelabel/ Licensing Partner · 14 December 2022cryptopmts enables crypto holders to spend cryptocurrency at 90,000+ stores and online retailers. South Africa's largest non-bank crypto payments solution. Available in 14 countries for Holiday on Crypto use cases.
• HostAgentsminorChannel Partner/ Reseller/ Distributor · 14 December 2022HostAgents, a holiday rental management company, integrated 6DOT50 via Redemptions API enabling crypto payments for accommodation bookings. First direct API integration partner.
• BTS (Blockchain Transaction Solutions)coreTechnology or Integration · 1 October 2022BTS integrated with 6DOT50 and Seriti to enable crypto payments for vehicles at 1,400+ dealerships. BTS processes the blockchain transaction while 6DOT50 provides the fiat-backed voucher settlement.
• Trading Auto PrestigeminorChannel Partner/ Reseller/ Distributor · 14 May 2022Online pre-owned car dealership enabling customers to purchase vehicles using cryptocurrency via 6DOT50 Digital Rands conversion.
• BanQucoreStrategic or Co-development Partner · 6 December 2021BanQu's blockchain supply chain platform integrated with 6DOT50 to enable digital payments for recyclers, waste pickers, and smallholder farmers. BanQu operates in 57 countries with 2.5 million household beneficiaries. 6DOT50 provides USSD-accessible digital money for supply chain contributors without bank accounts.
• PayJoy South AfricacoreStrategic or Co-development Partner · 22 November 20216DOT50 partnered with PayJoy to enable smartphone financing without bank accounts or credit scores. PayJoy uses 6DOT50 PAY to distribute incentives to agents. 6DOT50 Account holders can access PayJoy's installment financing for smartphones.
• Seriti SolutionscoreTechnology or Integration · 17 November 2021Seriti partnered with 6DOT50 and BTS to enable cryptocurrency payments for vehicles at 1,400+ dealerships across South Africa. Seriti's platform generates payment requests that 6DOT50 approves, settling in fiat to dealerships. Part of BTS/Seriti integration enabling crypto car purchases.
• ZappercoreTechnology or IntegrationZapper QR code integration enables 65,000+ stores to accept 6DOT50 payments. Users scan Zapper QR codes with the 6DOT50 app to pay merchants.
• wiGroup (wiCode)coreTechnology or IntegrationwiGroup wiCode integration enables 25,000+ stores (Shoprite Group) to accept 6DOT50 payments via unique code numbers entered at till points.
• Shoprite Group (Checkers, Usave, Shoprite)coreChannel Partner/ Reseller/ DistributorAll Shoprite Group stores nationwide accept 6DOT50 Digital Rands as payment. Shoprite is a key anchor merchant for both in-store wiCode payments and cash refund functionality.
• Cape Union Mart GroupminorChannel Partner/ Reseller/ DistributorCape Union Mart Group stores accept 6DOT50 Digital Rands as payment.
• Famous BrandsminorChannel Partner/ Reseller/ DistributorSelected Famous Brands outlets (Steers, Wimpy, Debonairs, Mugg & Bean, Fishaways) accept 6DOT50 Digital Rands.
• KasiCASH (Powered by 6DOT50)coreOEM/ Whitelabel/ Licensing PartnerKasiCASH is a free transactional account built on 6DOT50 technology, specifically designed for the unbanked and underbanked user. Deployed for waste picker community, car guards, petrol attendants, domestic workers, farm laborers, and informal traders.

Scale indicators10 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Kazang (Lesaka Technologies): Voucher-based prepaid payments platform in South Africa targeting unbanked consumers via till-point cash-to-voucher conversion and merchant acceptance — directly comparable architecture and customer base to 6DOT50's DZAR voucher model.
• Mukuru: Southern African mobile money and remittance platform serving unbanked and cross-border users with low-KYC onboarding. Comparable to 6DOT50 in target user profile (unbanked, mobile-first) and P2P value transfer use cases.
• Mama Money: South African remittance and mobile wallet for migrant workers and unbanked users with simplified onboarding. Comparable in zero/low-KYC mobile wallet approach and target segment, although focused on remittance rather than merchant acceptance.
• Luno: South African-headquartered global crypto exchange with fiat on/off-ramps. Directly competes with 6DOT50 in the crypto-to-spend use case, though Luno operates primarily as a trading platform rather than a voucher acceptance network.
• VALR: South African crypto exchange offering fiat deposits and withdrawals in ZAR. Competes with 6DOT50 for the same crypto-holder offramp demand and serves an overlapping South African customer base.
• Revix: South African crypto investment platform with ZAR funding rails. Targets a similar retail crypto audience and competes with 6DOT50's cryptopmts for crypto-holder spend/offramp intent.

Broad incumbents

• TymeBank: South African digital bank specifically targeting unbanked and underbanked customers with low-fee transactional accounts. Operates broadly in the same financial-inclusion space as 6DOT50 but as a licensed deposit-taker, not a voucher platform.
• Capitec: Largest low-cost retail bank in South Africa, deeply penetrated in unbanked and mass-market segments. Adjacent incumbent that competes with 6DOT50 for the same end users' transactional banking relationships.

Emerging players

• Paymenow: South African earned-wage-access platform providing early wage access to employees. Shares 6DOT50's unbanked-inclusive ethos and zero-bank-account distribution via mobile numbers, but focuses on wage advances rather than stored-value payments.
• Sendwave: Cross-border mobile remittance wallet operating across Africa with mobile-number-based onboarding. Comparable to 6DOT50 in low-friction mobile wallet experience for underbanked users, though focused on remittance corridors.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/6dotfifty

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about 6DOT50