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Fair Value: 178
% of Fund Value: 1.5
A technology services group based in the United Kingdom that provides businesses and non-profit organisations with state-of-the-art web-based software applications, integrated with on-demand payment processing based on their global transactional platform.

PayProp is an automated transactional platform for the property management industry that is both easier to use and more powerful than existing solutions offered by banks and traditional software vendors.

GivenGain enables non-profit organisations to run a better operation and increase revenue with tools to build and manage relationships and win support for the ideas they believe in. Over 100 000 donors make use of GivenGain’s services, and organisations such as UNICEF, Médecins Sans Frontières, Red Cross, WWF and thousands of others use the platform to build a global community of activists.

The ARC Fund’s effective interest in Humanstate will be 10%. The company is valued at R139m.

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