PayFast has launched its annual Black Friday and Cyber Monday live spending tracker, with the dashboard showing that someone has already spent over R100…
On-demand couriering has just become more sexy.
The iOS app has been in development since February 2015. “At that point we felt like the business concept had proven itself, and that it was time for us to expand the range of platforms through which WumDrop was available,” co-founder Simon Hartley tells Ventureburn in an email.
The startup launched in May 2014 and revealed to us that it’s experienced exponential revenue growth month-on-month ever since, topping R61 000 in December. “We plan to maintain an aggressive growth KPI of 30% each month for the next six months,” he adds.
“The goal for the two quarters thereafter would be defined by exciting new product features that we have on the product development list,” Hartley shares.
The co-founder notes that although the startup’s planning on seeing traction through the iPhone app, WumDrop is heavily focussed on expanding our enterprise platforms.
“While we’re heavily focussed on expanding our enterprise platforms we’re equally aware that a convenience Do It For Me service — which WumDrop is — finds its natural consumer on premium mobile handsets, whether that’s top-end Android models or Jony Ive’s babies.”
Some of these enterprise features include launching its ecommerce plugin on WooCommerce, which Hartley says will roll-out “imminently”. This will effectively enable online stores to add the on-demand courier services to its delivery options. Other features include a desktop platform as well as a post-pay pricing available on the app.
WumDrop charges a flat R7 per kilometre, with a minimum fare of R35.
The company is facing a surge of interest in the courier arena. The most notable being the Naspers, Tencent-backed Picup on-demand delivery service which is planning to officially go live next month.