Supported ventures
Companions Fintech
COMPANIONS FINTECH (Pty) Ltd
Brands: COMPANIONS FINTECH, COMPANIONS SME FINTECH
Flagship product: A token-powered platform the enables short/long-term investing in SME loan listings.
Founding team: Wandile Gumede
Application: An online investment platform where anyone can invest in loan listings created by verified SMEs (Small and medium businesses) and earn returns.
Sector/Industry: Fintech.
Subsector: SME Lending and Alternative investments.
Year founded and commenced operations: 2025
Year partnered with TuksNovation: 2025
Email address: info@companionsfintech.xyz
Website: companionsfintech.xyz
LinkedIn: linkedin.com/company/companionsfintech/
Description
Companions is a fintech investment platform that allows anyone to invest in verified SME loan listings. The platform operates using a blockchain-based Utility token, LND, which enables seamless, fractional, and borderless investments. Companions provides a transparent, communitydriven alternative to traditional finance—empowering everyday investors to support high-potential businesses while earning returns. At the same time, it offers SMEs a more flexible and inclusive way to access funding and build trust with their communities.
Growth Objectives
- Attract the attention of impact investors, alternative investment firms, and high-potential SMEs
- Develop and launch an MVP with a seamless SME onboarding, verification, and loan listing process
- Secure regulatory licensing, including NCR registration and compliance with token-related financial standards
- Build a strong and trustworthy social media presence to grow community engagement and platform awareness
- Establish partnerships with local business networks, SME hubs, and fintech collaborators
- Pilot live investments with a small batch of verified SMEs to test real-world usage and repayment
- Refine the token economy to support secure, fiat-backed investment and smooth user withdrawals
- Prepare for cross-border rollout, starting with South Africa and Singapore
Differentiation/Value Proposition
Companions makes it easy for impact investors to support small businesses while spreading their risk across multiple verified opportunities. We handle the heavy lifting—verifying business information — so investors can focus on due diligence and returns.
For SMEs, we provide fast, low-paperwork access to capital while helping them gain visibility and recognition in the market.
Business Stage/Phase
Companions is currently in the early stage, focused on market validation and building the first prototype (MVP). We’ve:
- developed a live waitlist,
- launched a landing page,
- and actively engaging with potential users and partners to shape the platform’s core features.
Investment Stage/Phase
We are currently in the pre-seed stage and preparing to raise funding to support our early growth. With the capital secured, we aim to:
- Obtain necessary licenses and regulatory approvals (including NCR and token compliance)
- Cover early operational and development expenses
- Build and launch our MVP
- Grow our user base through marketing and strategic partnerships
Investment Raised
- Secured R40,000 through the TuksNovation incubation program
- Bootstrapped R6,000 in personal funds