Not an FSP. MyRandWise provides budgeting software and financial literacy content only. We do not give financial advice, sell investment products, or hold client funds.
About Us

Building financial confidence
for every South African

We are a technology company on a mission to democratize financial literacy and empower South Africans to take control of their money through intuitive software tools.

Our Story
Born from a simple observation.
Millions of South Africans are financially active but financially illiterate. We saw young professionals, students, and entrepreneurs struggling to budget, save, and understand their money β€” not because they lacked ambition, but because they lacked accessible tools built for their reality.
2025
Year Founded
25+
Beta Testers
100%
Built for SA
R0
During Beta
Clarity
What we do β€” and what we don't
Transparency is important to us, our users, and our partners.

What We Do

  • Build software for personal budgeting and expense tracking
  • Provide financial literacy content and educational resources
  • Enable secure, read-only bank account aggregation
  • Help users set and monitor savings goals
  • Facilitate group savings tracking (stokvels)
  • Generate spending reports and insights
  • Charge subscription fees for premium software features

What We Don't Do

  • Provide financial advice, investment advice, or tax advice
  • Sell financial products (insurance, investments, loans)
  • Hold, manage, or transmit client funds
  • Act as an intermediary for financial transactions
  • Operate as a bank, insurer, or Financial Services Provider
  • Guarantee investment returns or savings outcomes
  • Share or sell personal data to third parties for marketing
Regulatory
Our Regulatory Status

πŸ›οΈ Regulatory Status

MyRandWise operates as a technology and software company. We are not registered as a Financial Services Provider (FSP) with the South African Financial Sector Conduct Authority (FSCA), nor are we required to be, as we do not provide financial advice, sell financial products, or hold client funds.

Our activities fall under general software development and educational publishing. We are in the process of formalising our company registration with the Companies and Intellectual Property Commission (CIPC) of South Africa.

Legal Structure Private Company (Pty Ltd) β€” Registration In Progress
CIPC Registration Pending β€” Expected Q3 2026
FSCA FSP License Not Applicable β€” We do not provide financial services
Data Protection POPIA Compliant β€” Full Privacy Policy Available
Mission
Why we exist
🎯

Mission

To democratize financial literacy and provide every South African with the digital tools they need to understand, manage, and grow their personal wealth β€” regardless of income level or background.

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Vision

A South Africa where financial confidence is universal. Where young people enter the workforce equipped to budget, save, and invest wisely. Where stokvels and community savings are digitised and transparent.

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Values

Transparency: Clear pricing, honest communication, no hidden fees.
Education: We teach first, sell second.
Security: Your data is sacred.
Local: Built for South Africa, by South Africans.

Contact
Get in Touch
We'd love to hear from you. Whether you're a user, partner, or just curious.
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General Support

For app help, billing questions, and feature requests.

support@myrandwise.co.za
🀝

Partners & Business

For press, partnerships, investor relations, and insurance inquiries.

hello@myrandwise.co.za
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Data & Privacy

For data protection queries, POPIA requests, and security concerns.

hello@myrandwise.co.za