In this episode of the podcast, Duncan McLeod interviews Intergreatme co-founder and CEO Luke Warner about how the technology start-up managed a R32-million fundraising round using crowdfunding platform Uprise Africa.

Described as an “emergent regtech player”, Intergreatme wants to create a world where consumers no longer have to fill out forms. The company, which has already secured deals with local banks and telecommunications operators, hopes to remove the pain for processes such as Fica in financial services and Rica in telecoms.

In the podcast, Warner talks about some of the implementations it’s been involved in, how it secures consumers’ private information and its expansion plans after the successful crowdfunding exercise.

He explains how the company went about the crowdfunding to ensure it was successful and offers advice to other start-ups wanting to use this mechanism to raise capital instead of traditional venture capital or private equity.

Integreatme attracted over 400 investors through Uprise Africa, though it also received five R5-million investments, making up the bulk of the R32-million raised. Many of those that invested were black women, raising the company’s black economic empowerment profile, something Warner hopes will help it work more closely with the public sector.

Don’t miss the discussion!