South African venture capital firm Imvelo Ventures, founded by Capitec Bank and Empowerment Capital Investment Partners, have invested in Acumen Software, the company that is revolutionising the interaction between South Africans and their municipal service providers.

Funding from Imvelo, who identifies and funds promising South African small and medium enterprises (SMMEs) in the broad spectrum of financial technology, and Sappi’s Andzani Ventures, has enabled the development of My S...