Riovic Financial Group provides the financial rails for collective economic growth, from formalizing traditional Stokvels to powering global digital payments.
Transforming informal group savings into a high-end banking experience. We provide the infrastructure for Stokvels and Cooperatives to achieve member transparency and collective growth.
Formerly RiovicPay, this is our complete digital ecosystem. A ready-to-launch payment system supporting QR codes, remittances, and multi-currency virtual cards.
Every transaction across the CRG ecosystem is secured by 2FA, KYC compliance, and real-time threat neutralization powered by Cybatar.
From a garage startup in Pretoria to a global infrastructure provider, Riovic has consistently pioneered the "Uber of Finance."
As reported by ITNews Africa and Finweek, Riovic launched its first digital payment solution, RiovicPay, focused on real-time cross-border money remittance and email-based payments.
Riovic made headlines in Ventureburn and HTXT for launching South Africa's first Peer-to-Peer (P2P) insurance and crowdfunded reinsurance platform, eventually becoming a finalist in the Seedstars World competition.
Founder Phiwa Nkambule was recognized by Forbes Africa as one of the continent's most promising technology entrepreneurs, cementing Riovic's place as a leader in the South African fintech ecosystem.
Expanding into automated investment banking, Riovic-backed IPOXCap became the first African startup to join the FinTech Sandbox Data Access Residency, as featured in global fintech publications.
The release of the Large Quantitative Model (LQM) whitepaper established FinanceGPT Labs as a leader in generative AI for finance, earning a spot in the TechCrunch Startup Battlefield 200.
Riovic evolves into the Cybatar Riovic Group (CRG), centering its mission around CRG Bnk and CRG Pay—the next generation of communal banking and digital payment infrastructure.
