/Companies

Beyonic

Techstars '16

Kampala, US · Founded 2013 · Delaware corporation · 5 known investors

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Beyonic (operating as Onafriq) is a payment infrastructure platform that enables digital payment access across Africa and the diaspora through a network of banks, mobile wallets, and financial institutions. The company provides collections, disbursements, card issuance, and treasury services to enterprises, banks, mobile network operators, and money transfer organizations across 43 African nations.

Founders & leadership

Beyonic was founded in 2013 by DANIEL KLEINBAUM and LUKE KYOHERE.

DK
DANIEL KLEINBAUMCo-founder
LKLUKE KYOHERE
LUKE KYOHEREFounder & Exec. Chairman2019–2020Luke Kyohere is Group Chief Product & Innovation Officer at Beyonic (operating as Onafriq), a payment infrastructure platform serving enterprises and financial institutions across Africa.

Board

JEJAMES EBERHARD
JAMES EBERHARDBoard Member2015–2017Executive Officer, Director, Promoter at Fluid Market
MS
MICHAEL S. CALKINBoard director

Investors · 5

Reported raises · per SEC filings

Form D private placements

$680.7K disclosed across 1 round · 2015

▶$680.7KraisedOct 2015 · 4 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • JAMES EBERHARDDirector
  • DANIEL KLEINBAUMExecutive Officer, Director
  • LUKE KYOHEREExecutive Officer, Director
  • MICHAEL S. CALKINDirector
Amount sold
$680.7K
First sale
Oct 2015
Incorporated
Corporation, Delaware, 2013
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

In the news

Frequently asked questions

What does Beyonic do?
Beyonic (operating as Onafriq) is a payment infrastructure platform that enables digital payment access across Africa and the diaspora through a network of banks, mobile wallets, and financial institutions. The company provides collections, disbursements, card issuance, and treasury services to enterprises, banks, mobile network operators, and money transfer organizations across 43 African nations.
Who founded Beyonic?
Beyonic was founded by DANIEL KLEINBAUM, LUKE KYOHERE in 2013.
Who are Beyonic's investors?
Beyonic's investors include Techstars, CommerzVentures, Endeavor Catalyst, Goodwell Investments, LUN Partners Group.
How much funding has Beyonic raised?
Beyonic has disclosed $680.7K raised across 1 round.
Where is Beyonic headquartered?
Beyonic is headquartered in Kampala, US.