TankIt
About TankIt
Pre-seed South African fintech

Where does your fuel money actually go?Because it's not the pump.

TankIt is building a prepaid wallet for South Africans dedicated to aid in fuel budgeting. Load it. Lock it. See every cent live.

SHAPE SA'S FUTURE FUEL FINTECH

Help us customise TankIt for South African drivers!

or skip and join the waitlist:
Interact with the demo app
09:41
5G
DRIVER PORTALThabo Mokoena
TM
TANKIT
PREPAID ENERGY
FUEL ONLY

FUEL BALANCE

R4,286.50

4829 •••• •••• 7241

T. MOKOENA

EXP 08/28

SECURE
TRANSACTION LEDGERExclusively Fuel

Shell Sandton

Sandton CBD

-R 1287.40

08:32 AM

Top-up · Secure EFT

Standard Bank ****4821

+R 2500.00

Yesterday

Engen Rosebank

Jan Smuts Avenue

-R 982.55

May 18

BP Midrand

New Road Bypass

-R 1134.10

May 16

Shape What We Build.

Help shape Africa's first compliance locked prepaid fuel wallet.

RESPONDENT WELCOME

Hi there savvy South African. We are trying to figure out the main pain points when it comes to fuel budgeting. Help us get a better sense and stand a chance to win a full tank of fuel.

This survey will take you (~2 minutes) to complete, and your answers will directly shape what we ship. Everyone who finishes will receive exclusive early access details + live results insights.

*We respect your privacy. Providing email locks in your waitlist spot and enters you into the full-tank fuel draw!

TANKIT · VALIDATION SURVEY v3 · CONFIDENTIAL · 2026

The Operational Reality

Fuel is a productive input — but the financial tools haven't caught up

Millions of South Africans rely on vehicles for their livelihoods. Yet existing financial systems offer no dedicated way to budget, allocate, and control fuel-related spending.

Structural gap

Bank accounts and credit cards offer general functionality but do not address the specific challenge of managing operational fuel expenses. Fleet cards are built for corporate companies, rarely for individual drivers.

Behavioural gap

Gig income is irregular and must cover competing priorities. Operational funds initially intended for fuel are routinely diverted to other urgent household expenses.

A cycle of instability

Drivers end up borrowing, using expensive credit, or missing income opportunities when they cannot afford to refuel — severely undermining their operational continuity.

The TankIt Solution

A prepaid fuel wallet built for how drivers actually earn.

By combining prepaid functionality with spending restrictions and financial visibility, TankIt turns fuel management into something disciplined, transparent, and under your control.

01

Load it

Deposit money into your virtual TankIt wallet whenever income comes in — ringfencing funds for fuel before other expenses compete.

02

Lock it

Transactions are restricted exclusively to participating petrol stations, so the funds you set aside can never be diverted elsewhere.

03

See every cent live

Monitor fuel usage and spending patterns live — transforming fuel from a reactive, unpredictable cost into a structured financial activity.

Allan Gray Orbis Postgrad Fellowship

Built by a dynamic team of
South African entrepreneurs.

Four South African founders. Allan Gray Orbis Postgrad Fellowship. Not a faceless app team. We believe in high-impact entrepreneurial leadership that answers daily pocket anxiety.

Liking & Credential Bias System

Founding Directors

5 Members Row
MS
PHOTO

Muhammad Seedat

Co-Founder & CEO

“Driving strategic fintech vision and compliance frameworks scaled for SA's complex energy ecosystem.”

fellowship credentialWits Graduate • Former Fintech Analyst • Young Entrepreneur
XS
PHOTO

Xolani Sifundza

Co-Founder & CTO

“Engineering high-security Instant EFT pipelines and tokenized contactless smart wallets.”

fellowship credentialUCT Computer Science • Systems Architecture • Security Specialist
GM
PHOTO

Gaasite Molefe

Co-Founder & Head of Product

“Shaping intuitive budgeting dashboards modeled around real South African motorist behaviors.”

fellowship credentialStellenbosch Alumna • UX Strategist • Digital Product Designer
Lesego Murwa
PHOTO

Lesego Murwa

Co-Founder & Head of Growth

“Crafting localized incentive models ensuring drivers earn redeemable rewards on every single liter.”

fellowship credentialUP Finance (Hons) • Growth Hacker • Southern African Specialist
Bongani Shube
PHOTO

Bongani Shube

Co-Founder & Operations

“Pioneering strategic fuel retail partnerships across South Africa to foster seamless checkout.”

fellowship credentialRhodes Alumnus • Operations Lead • Strategic Development Partner
ABOUT US / DIRECT WIRE

Get in touch with us.

Whether you are a local motorist, a potential venture partner, or a fuel retail operator looking to integrate standard prepayment models, we would love to hear from you.

team inboxfounders@tankit.co.za
operations baseSandton CBD, Johannesburg, SA
Direct office line+27 (0) 11 482 7241
South African POPIA data compliance rules strictly applied.