Business
Do you want to pay for those rusks with Bitcoin?
An innovative technology is making it easier for consumers to make payments with crypto.
02 February 2026
MoneyBadger started because Pick n Pay wanted to add Bitcoin payments to its point-of-sale systems. The company – founded by Carel van Wyk, who co-founded crypto exchange Luno, and software engineer and entrepreneur Carl Kritzinger – uses the Bitcoin Lightning network to create a prototype that is fast, reliable and cheaper than tapping to pay with a card. The company recently closed a $400 000 preseeding funding round with P1 Ventures and three angel investors to expand its network of merchants through partnerships with merchant payment providers. It has already deployed crypto and Bitcoin payments to more than 1 600 outlets in South Africa.
SECTOR: Fintech
ITWeb Premium
Get 3 months of unlimited access
No credit card. No obligation.
