Financial service activities, except insurance and pension funding

The Fourth Industrial Revolution Incubator (4IRI) is a registered non-profit organisation. The 4IRI was established through funding from SEDA as a response to assist and enable small businesses to participate meaningfully in the Fourth Industrial Revolution. This is an initiative that further aims to inspire young South African entrepreneurs to develop into successful leaders of industry. We are looking to assist these budding inventors and entrepreneurs to develop their ideas into business concepts, prototypes, and possibly into a fully-fledged business.

PrepaidWealth.com is a FinTech platform that provides 80% of the margins made by retailers, on data bundles and airtime, back to the consumer as discounts or as accumulated cash. The platform also provides a way for a group of people to accumulate the margins together, while they are spending their data bundles and airtime discretely. This makes the platform powerful for passively fundraising without members of a group directly contributing money. Groups such as stokvels, schools, churches, residential complexes, work departments, friends, families, etc. can use the platform for fundraising