Our VC exits

Fundamo

In June 2011 Visa acquired HBD portfolio company: Fundamo – a specialised mobile financial services provider – for US$110m to accelerate the execution of Visa's global mobile strategy.

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CSense Systems

In April 2011 CSense Systems (a rapid process troubleshooting and process improvement software solutions company) was exited through a sale of the technology assets of CSense to GE Intelligent Platforms.

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Red Five Labs

In March 2007 the PoweredbyVC team negotiated a successful exit from HBD’s Fund1 where a smart phone technology portfolio company was sold to FedGroup – a leading independent South African financial services group. The IRR of the exit was 84% and the cash profit in excess of 100 percent.

Our VC Exits

- Fundamo
- CSense Systems
- Red Five Labs

Current HBD Portfolio

- EDH
- Clicks2Customers
Moyo
- SA Cab
- OrderTalk