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Fundamo is a private company which was started in 1999 by a group of like-minded individuals with a wealth of experience in the financial services and mobile transactional arena. External company shareholders currently include VenFin and JSE-listed Sanlam. Internal stakeholders are made up of both management and staff.

VenFin is an investment holding company which currently focuses predominantly on businesses within the telecommunication, technology and media markets. The group manages its investments actively through regular dialogue with other shareholders, directors and management of investee companies. It also currently has shareholding in companies such as PSiTek, Dimension Data, Tracker and Idion.

Sanlam is a major financial services company in South Africa. It is listed on the JSE Securities Exchange in Johannesburg and on the Namibian Stock Exchange. The Sanlam Group conducts its business from four main clusters: life insurance; short-term insurance; investment and independent financial services.