Pay grants, stipends and contractors without the month-end firefight.
Built for metros and local municipalities under MFMA-grade audit pressure. Veymo runs your indigent grants, ward stipends and contractor settlements off one cycle - with the audit trail your AG inspections demand.
Four moves the platform makes for municipal operations.
MFMA-aligned
Every transaction tagged to a vote, sub-vote and beneficiary record - exportable for AG submission.
Indigent register integration
Pull from your existing indigent register, validate against Home Affairs, settle in one pass.
Stipend automation
Recurring ward and councillor stipends scheduled, capped and logged. No manual re-instruction.
Audit-ready exports
AG-format CSV and PDF packs generated per cycle, signed and timestamped.
Indigent grant cycle · 8,200 beneficiaries
Built to be answerable.
Five posture commitments - each one defensible to a regulator, an auditor and an institutional buyer in the same conversation.
Regulation
SARB-recognised PSP. Operating under the National Payments System framework, audited against the SARB's outbound directive standard.
Funds safety
Pre-funded. Ring-fenced. Veymo holds no client funds on its own balance sheet - cycles run from segregated, named accounts.
KYC & AML
FICA Accountable Institution under the FIC Act. OFAC, UN, EU, HMT, DFAT and PEP screening on every beneficiary, every cycle.
Data
POPIA Operator. Data hosted in South African data centres. Cycle data retained for the statutory minimum; PII purged on schedule.
Audit
Annual ISAE 3402 Type II. Cycle-level export packs to AG-format. Direct read-only access for your internal audit on request.
From conversation to first cleared cycle, in 30 days.
A 90-minute working session with your CFO, Treasury and Compliance leads. We map your current cycle, find the friction, and produce a written brief.
A binding proposal in writing - scope, settlement model, pricing, compliance plan, integration path, contracts.
Your first cycle runs through Veymo. Reconciled to the cent. Signed audit pack delivered the same day.