Seed round · open

R28B is sitting still. We move it.

TruPoints is the neutral switch and burner for South Africa's fragmented loyalty market — with a clear path to white-labelling across emerging markets.

Watch the deck Open Investor Room (NXT360) Download PDF

R28B

Locked SA loyalty TAM

R14.2M

Pilot switched volume

31%

Redemption uplift

Take-rate · uniform

Full deck preview

Ten slides. Tap any to open.

Investor & Partner Pitch · 2026

TruPoints

Loyalty Super-Aggregator & Point Switch

Turn locked loyalty points into real life — airtime, vouchers, settlement — across every program in South Africa.

TruPoints · powered by FreeByte·Cover

01 / 12

The Problem

R28B

locked in South African loyalty programmes.

Consumers forget their Vitality miles, OM Rewards, Boxer points and eBucks. Issuers carry the liability on their balance sheet — quarter after quarter.

Avg unredeemed wallet

R 1,240

per active user

Expiring within 12 months

31%

industry estimate

Issuer breakage liability

R 6.8B

carried, growing

TruPoints · powered by FreeByte·Problem

02 / 12

The Solution

Meet TruPoints.

A neutral switch + burner that unlocks every loyalty wallet — for consumers, issuers and VAS partners alike.

Switch

Cross-program point conversion in one tap, with transparent ZAR pricing.

Burn

Airtime, data, vouchers and bills — instantly, on any feature phone.

Settle

T+1 net settlement to partners with full audit trail and POPIA-grade controls.

TruPoints · powered by FreeByte·Product

03 / 12

Universal Switch

One wallet. Every program.

Pick n Pay Smart Shopper

Standard UCount

2% switch fee

TruPoints

Net ZAR · settled T+1

TruPoints · powered by FreeByte·Switch

04 / 12

Easy Burners

From points to MB
in four taps.

Airtime & data on Vodacom, MTN, Telkom and Cell C. Vouchers on Shoprite, Boxer, Mr Price and Kauai. Works on the cheapest Android handset — and over USSD for feature phones.

VodacomMTNTelkomCell CShopriteMr PriceKauaiDStv

Airtime

500 MB

Vodacom · +27 82 *** 1294

Burn R 25

Voucher

R 100

Shoprite · valid 30 days

Show & scan

TruPoints · powered by FreeByte·Burn

05 / 12

Platform

Open-Adapter Framework

REST · Webhook · ISO-8583. Plug any loyalty program or VAS partner into the switch in under 10 days.

Ingestion

Balance reads, tokenised auth

Switch Core

FX, fee, anti-abuse, escrow

Egress

VAS, vouchers, settlement files

POST /v1/transaction/lock

{ "source": { "program": "vitality", "token": "VIT_2f3a…", "miles": 250 }, "target": { "program": "trupoints", "currency": "ZAR" }, "amount_zar": 2.50, "fee_zar": 0.05, "idempotency_key": "tp_8f3…", "creator_package": "c-taxi" }

TruPoints · powered by FreeByte·Adapter

06 / 12

Unit Economics

A money-cycle that earns from every hop.

platform fee per switch

transparent · uniform

R 6.8M

issuer breakage cleared

share to creator packages

of activated burn volume

Every burn that originates from a creator package routes 0.4pp of the fee + 5% of burn volume to the designer — automatically, with on-ledger proof.

TruPoints · powered by FreeByte·Economics

07 / 12

Trust

Built for regulated money.

POPIA-aligned

Data minimisation, lawful basis, subject-access tooling.

AES-256 at rest

Tokenised PANs and account refs; HSM-managed keys.

Real-time reconciliation

Escrow ledger published to partners every 5 min.

TruPoints · powered by FreeByte·Security

08 / 12

Roadmap

30-Day MVP. One community at a time.

Day 1-10

Integration

FreeByte adapters · 2 issuers · 2 VAS

Day 11-25

One-Community Pilot

5k users · 1 corporate campus

Day 26-30+

Scale Horizon

White-label package · global deploy

Validate latency, point velocity, breakage clearance — then white-label.

TruPoints · powered by FreeByte·Roadmap

09 / 12

Creators

Anyone can design a point package.

Program designers, community leaders and creators assemble bouquets in the Builder — and earn from every burn their pack drives.

Name the pack

Community owner brands a bouquet (e.g. ‘Taxi Rank Saver’).

Pick partners

Choose source points: Vitality, eBucks, OM Rewards, UCount…

Pick burns

Airtime, data, vouchers, bill-pay — what your community wants.

Set creator split

1–10% (default 5%) auto-paid to the designer.

Creator earnings

5% + 0.4pp

of burn volume plus 0.4 percentage points of the switch fee — auto-paid, on-ledger, per package.

Example · 90-day pilot pack

Inspired by Tribz-style community packs — every burn flows value back to the designer.

TruPoints · powered by FreeByte·Creators

10 / 12

Joint Venture

Brightlab × 4Play — 50/50 in SA.

A South African JV that pairs Brightlab’s loyalty network, relationships and product muscle with 4Play’s proven FreeByte rewards engine. SA is the launch platform; FreeByte is the redemption engine; TruPoints is the brand.

Brightlab brings