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iPDA and SoftyComp

iPDA and SoftyComp  join forces to redefine the payments industry

South Africa’s financial services industry is evolving fast. Regulation, innovation, and consumer expectations are reshaping the payments landscape. 

That’s why iPDA — a trusted Payment Distribution Agency since 2007 — is proud to announce its merger with SoftyComp, a financial switching and transaction specialist with over 25 years of banking partnerships.

Why this matters

Together, we bring clients:
● 18+ years of iPDA’s trusted distribution expertise.
● 25+ years of Softy Comp’s financial switching and banking partnerships.
● The combined strength of an aligned ecosystem, with BLS Group as the owning entity
This merger forms a payments ecosystem designed to build trust and drive digital transformation in South Africa’s regulated environment.

Our Core Gears

These are the functions that keep the financial system moving:

⚙️ Collections – reliable inflows from consumers.
⚙️ Distributions (Payments) – accurate, timely payouts to credit providers.
⚙️ Insightful Reporting – clear, actionable data for all stakeholders.


Together, these gears turn with even greater strength for the future.

Stronger Together – Gearing for the Future

As the African proverb says: “If you want to go fast, go alone. If you want to go far, go together.”


With iPDA, SoftyComp (and BLS Group as owning entity) aligned, we are building a future that is: – More secure – More innovative – More sustainable

What this means for the industry

• No disruption to current services — business continues as usual.
• Same trusted contacts: Tiaan Hattingh & Ansie Greeff remain at your service.
• Added strength, vision, and innovation for the years ahead.


Here to stay. Here to grow.

The Right Gears. The Right Time. The Right Change.