Supported ventures
eJuuz
Kumon Technologies (Pty) Ltd
Brands: eJuuZ
Flagship product: eJuuZ Digital Wallet Platform – CashSend-to-Commerce Conversion Tool – QR Code Payment System for Informal Traders
Founding team: Mr. Thabang Monyamane, Mr. Zwelakhe Ndhlazi, Junior Kekana, Noxolo Naicker, Fezile Ndhlazi.
Application: Mobile/Web-Based Digital Wallet Platform (Integrated with WhatsApp, USSD, and QR systems)
Sector/Industry: Fintech / Digital Payments.
Subsector: Financial Inclusion & Informal Market Digitization.
Year founded and commenced operations: 2022
Year partnered with TuksNovation: 2025
Email address: info@ejuuz.com
Website: ejuuz.com
Description
eJuuZ is a township-first digital wallet platform developed to convert cash send transactions (e.g., eWallet, Capitec Send) into instant, spendable digital value—without the need for ATMs or bank accounts.
Built for South Africa’s underserved communities, eJuuZ enables users to pay local merchants via QR codes and empowers spaza traders to accept digital payments without costly card machines. The platform is accessible through WhatsApp, USSD, and mobile app interfaces.
Growth Objectives
- Onboard 50+ merchants across Gauteng by mid-2025
- Reach 10,000+ monthly active users across three provinces
- Integrate real-time API validation with major South African banks
- Expand product offerings to include electricity, airtime, and vouchers
- Scale regionally into SADC markets by 2026
- Finalize IP protection and pursue Series A funding by 2025 Q4
Differentiation/Value Proposition
We enable township communities to send money, trade, and buy online using mobile-friendly tools without needing a bank account.
Business Stage/Phase
Investment Stage/Phase
Seed Stage – Pre Series A
Investment Raised
R650 000
