ICEcash

What ICEcash does

ICEcash is a Zimbabwe-based electronic payment platform founded in 2015, headquartered in Harare. Its stated offering combines three pillars: electronic payments, insurance distribution and servicing, and online banking, with a database management service specifically oriented to livestock farmers. This product mix positions the company as a vertically focused agri-fintech rather than a general-purpose payments processor, targeting an underserved agricultural segment in Southern Africa.

The platform's functional scope extends beyond core transactional rails. By bundling insurance and a livestock database alongside payments and online banking, ICEcash appears to operate an integrated stack where transaction data, risk pooling, and farmer records are co-located. This bundling is the most distinctive architectural feature evident in the source material, though the underlying technology, integration mechanics, and API surface are not disclosed in the available data.

ICEcash operates as a private, for-profit entity with a stated employee headcount of 11–50. The leadership team is anchored by Chief Executive Officer Barry Gerson. Detailed information on revenue model, pricing, GTM motion, customer segments, distribution channels, partnerships, funding, and certifications is absent from the source material (the company website was returning only a loading/verification page at time of capture), which constrains any commercial or financial diligence.

Name

ICEcash

Website

https://icecash.co.zw

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

11–50 employees

Short description

ICEcash is a Zimbabwe-based electronic payment platform, founded in 2015 and headquartered in Harare, that delivers insurance, online banking, and livestock-farmer database management to the Zimbabwean agricultural sector.

Ownership category

akta.pro rank

Product category

Mobile Financial Services

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (5182)

SIC

Finance Services (6199), Services-Computer Processing & Data Preparation (7374)

akta.pro primary industry

Direct Debit / ACH Collections & Recurring Billing (FSAMAGAE)

akta.pro secondary industries

Corporate Cash Management & Treasury ACH (FSAMAGAG), ACH Operator & Clearinghouse Services (FSAMAGAA)

Keywords

• Electronic payments
• Mobile banking
• Livestock insurance
• Digital payments
• Farmer database

Headquarters

HQ city

Harare

HQ country

Zimbabwe

HQ region

Africa

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations

Core offering

ICEcash operates an electronic payment platform that delivers insurance and online banking services to users in Zimbabwe, and additionally provides database management services for livestock farmers. The company combines digital payments, financial services, and agriculture-specific data tools into a single offering headquartered in Harare.

Differentiator

Problem solved

Functional benefit

Products and services

• Electronic Payment Platform
• Insurance Services
• Online Banking
• Livestock Farmer Database Management

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves3 records

Expansion highlights3 records

Emerging players

• Flutterwave: Africa-focused payment infrastructure provider enabling merchants and platforms to accept and process payments. Comparable as an electronic payment platform serving African markets; could partner with or compete against ICEcash.
• Jumo: African fintech providing digital financial services including credit, savings, and insurance products to underserved customers. Comparable in its focus on embedding financial services (including insurance) for emerging-market consumers across Africa.

Broad incumbents

• Mukuru: Large Southern Africa-focused fintech offering mobile money, payments, and remittance services. Comparable as a regional electronic payments and financial services player with much greater scale, and a potential competitor if it deepens its Zimbabwe presence.
• World Remit (Zimbabwe corridor): Global cross-border payments company with a strong Zimbabwe remittance corridor. Comparable as an electronic payment platform serving the same geography, though focused primarily on inbound remittances rather than domestic payments or insurance.
• Chipper Cash: Pan-African cross-border payments platform. Comparable as a digital payment and financial services operator across Africa, with potential to enter the Zimbabwean domestic payments and insurance space.

Direct peers

• OneMoney: Zimbabwe-based mobile money service from NetOne. Competes with ICEcash in electronic payments and basic financial services within the same geography and customer base.
• EcoCash: Zimbabwe's dominant mobile money platform operated by Econet Wireless. Directly comparable as a domestic electronic payment platform serving consumers and merchants in the same market ICEcash operates in, with overlapping payment, banking, and insurance-adjacent services.
• Telecel Zimbabwe (TeleCash): Mobile money arm of Telecel Zimbabwe. Operates an electronic payment and basic banking platform serving Zimbabwean consumers and merchants, overlapping directly with ICEcash's core offering.

Others

• Zimbabwe Agricultural Growth Programme (ZAGP): EU-funded livestock and agricultural development program in Zimbabwe. Comparable as an ecosystem player working on livestock farmer data, productivity, and financial inclusion — a potential partner or distribution channel for ICEcash's livestock-finance platform.

Regional players

• Lobels Bread / Lobels Holdings (livestock data and insurance partners): Zimbabwean agribusiness and bakery group with exposure to agricultural supply chains and farmer relationships. Comparable as a potential B2B partner/distributor for ICEcash's livestock-farmer financial services rather than a direct fintech competitor.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights4 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 ICEcash