About / Dave Glass

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Dave is the CEO of Electrum. He has over 20 years of experience in Enterprise Payments Software, having worked in Australia, South Africa, and Ireland. He worked as a Professional Services Manager at ACI Worldwide and S1 Corporation, before moving on to co-found Electrum in 2012, where he has played a key role in making it the leading next-generation payments technology software company in South Africa. He holds a Bachelor of Commerce from UCT and a Master’s in Information Systems from Trinity College Dublin, Ireland.

About / Eon Joubert

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Eon co-founded Electrum in 2012 and has been instrumental in ensuring that the company delivers technology that contributes to shaping the future of payments in South Africa.

He has more than two decades of experience working with state-of-the-art payments software and has a deep fundamental understanding of the payments landscape in South Africa and across the globe.

Eon graduated with a bachelor’s degree in Mathematical Science from Stellenbosch in 2001 and an Honours degree in Computer Science from the Open University in 2005.

About / Mpho Sadiki

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Mpho Sadiki is a seasoned payments professional with over 14 years of experience in payments innovation and executive accountability. In addition to serving as Head: Real-Time Payments (RTP) at BankservAfrica, he spent several years in executive roles at Nedbank and joined Electrum as a Non-executive director in 2024. 

Mpho received a Master of Business Administration (MBA) from Wits Business School in 2014 and has also graduated from two extended degree programmes abroad.

About us

The Next-Generation Payments
Technology Company

Cloud-native payments software

Electrum is the leading payments technology company enabling innovative banks and retailers to power their payments. Since 2012, we have established ourselves as a respected software partner through our deep expertise and track record in delivering trusted cloud-native payments solutions.

Trusted by South Africa's leading banks, retailers, and MNOs

Proven delivery and expertise

4

Software utilised by 4 of the 5 leading SA Banks

6

Solutions implemented at 6 listed Retailers

4.5b

Over 4.5 billion transactions being processed annually

Cloud-native, certified software

Designed from the ground up to be cloud-native, our solutions take advantage of the robust, scalable, and secure infrastructure offered by modern cloud computing through AWS as a partner.

AWS Independent Software Vendor Competency

Electrum is the first company on the continent to be recognised as an independent software vendor (ISV) in financial services, underscoring our commitment to delivering best-in-class, cloud-native payment technology.

Learn more about Electrum’s partnership with AWS

Michalsons Data Protection

The Data Protection Champ badge showcases that Electrum champions the right to data privacy; respects the privacy of data subjects; is open about how we process personal information; and has committed to doing what is reasonably practicable to protect personal information.

Learn more about the programme

Financial Times Fastest Growing Company

Since 2023, Electrum has been ranked by Financial Times as one of Africa's Fastest Growing Companies. In 2024, we grew to be ranked at 66 in Africa, making us number 22 in South Africa.

See the ranking here

Decades of payments expertise

Since 2012 Electrum has been led by some of South Africa’s most experienced payments experts. Based on a strong foundation of keeping clients top of mind, the high-functioning team has grown Electrum to become the payments technology choice for the region’s leading financial institutions.

Dave Glass

CEO

Dave's Bio

Eon Joubert

CTO

Eon's Bio

Zayd Hendricks

COO Operations

Zayd's Bio

Karin Hunter

COO Services

Karin's Bio

Dian Gerber

CFO

Dian's Bio

Ferdi Immelman

CIO

Ferdi's Bio

Anton van Zyl

Head of Commercial

Anton's Bio

Werner Pyke

Head of Product

Werner's Bio

Lyndon King

Head of Customer Success

Lyndon's Bio

Mpho Sadiki

Non-Executive Director

Mpho's Bio

Alewyn Burger

Non-Executive Director

Alewyn's Bio

Electrum Newsletter

Quarterly insights and news to help you keep up with the latest changes in the payments landscape

The Electrum Journey

2012

Electrum is founded by Dave Glass, Eon Joubert and Dirk Potgieter with the mission of finding a better way to process payments.

2014

First company strategy getaway

2015

Moved into Castle Mews offices

Electrum Console released to customers

Processing over 100 transactions per second

2017

First family getaway in Mauritius

Integration to over 50 third-party service providers

2018

Start of the Graduate Development Programme

ISO/IEC 27 001:2013 compliant

2019

Developed training for customers

2020

Reached 50 employees

Published first Digital Goods and Services Report

Launch of BackOffice for reconciliation and settlement

2021

Clocked over 100,000 hours of coding

2022

4 billion transactions processed in 12 months

Digital Goods and Services comprises of 7 categories with the addition of Ticketing

Hosted first Open Payments Conference

Launched Electrum's Payments Platform for modernising payments

Graduate Programme extended to all business areas

2023

100 team members and still growing

Published first Payments Report

Hosted the Open Payments Conference in Johannesburg

Developed the Fast Payments Testing Platform in partnership with BankservAfrica

Systems Operator authorisation by PASA

2024
Watch this space!

The power of a cloud-native payments engine

Cloud-based software built on modern standards offer banks and enterprise businesses the flexibility required to take advantage of new opportunities. These modernised solutions provide agility and flexibility with always-on reliability and the ability to scale on demand.

Learn more about Electrum’s cloud-native approach

Reliability

Speed and agility from cloud-native design

99.99% uptime

Credibility

Reduced payments processing complexity

ISO 20022 aligned

ISO 27001 certified

Scalability

Processing capability within the Clearing House Payments engines

80 TPS

Want to join the team?

As a fast-paced technology company working with some of the country’s biggest institutions, the projects we work on touch the lives of millions of South Africans every day. Our values underpin everything we do, from building great software, to nurturing strong partnerships, to supporting our client’s missions.

View open positions