# Kastelo

## What is Kastelo?
Kastelo is a South African fintech that gives people one app for spending, saving, exchanging, investing, and mobile data — without the fees and minimums.

Kastelo operates through two customer-facing licensed entities:

- **Kastelo (Pty) Ltd** — Reg 2020/163836/07. FSCA-authorised Category I and II Financial Services Provider (FSP #51074) and Crypto Asset Service Provider (CASP). Licensed under FAIS Act 37 of 2002. Registered office: Watershed, 17 Dock Road, V&A Waterfront, Cape Town, 8002. Physical office: 155 Loop Street, Cape Town, 8000.
- **Kastelo Mobile (Pty) Ltd** — Reg 2022/342572/07. Electronic Communications Service Licensee. Operates the GIGS mobile network as an MVNO on MTN.

## Who is Kastelo for?
South Africans who want to manage and grow their money in one place — no monthly fees, no minimum balances, no contracts, and no complexity. Onboarding is fully digital and FICA-compliant.

## Leadership
- **Nicholas Burke** — CEO
- **Shawn Smit** — COO

## Products

Kastelo's flagship products are **GIGS** (mobile network) and the **TFSA**. The Wallet + Exchange is the hub everything else runs through.

### GIGS (Mobile Network)
A flagship Kastelo product. A South African mobile network (MVNO on MTN) operated by Kastelo Mobile. Run end-to-end inside the Kastelo app.

Distinctive features:
- **Data and airtime never expire.** GIGS top-ups (data and voice) sit in one unified account that doesn't lapse on a 30/60/90-day clock.
- **Sell unused data back to Kastelo for cash.** Users convert leftover GIGS directly into rands in their Kastelo Wallet — a one-way sell-back to Kastelo, not a peer-to-peer marketplace.
- **GIGS Rewards.** Earn from your data instead of losing it.
- **Multi-SIM management.** Run up to 29 SIMs from one account with a shared data pool. Set permissions for family or team — for example, limit a child's SIM to WhatsApp-only or calls-only, see balances, top up, and pause or deactivate any SIM.
- **R30 per GB** flat data pricing, no contracts.
- **Number porting** in from any SA network. eSIM supported. Physical SIMs available by delivery or pickup.

### Kastelo Stocks
Buy and sell tokenised shares of listed companies (e.g. Apple, Tesla, Amazon) directly from the Kastelo app. No minimum investment, no separate brokerage account. Tokenised stocks are digital representations of underlying shares — not direct ownership with shareholder rights. Risk disclosure applies.

### Kastelo TFSA (Tax-Free Savings Account)
A flagship Kastelo product. A self-directed Tax-Free Savings Account inside the Kastelo app, built on Sygnia's regulated fund universe (multi-asset, SA equity, global equity, income, bond, money market, and ETFs). Annual and lifetime contribution limits per SARS rules apply.

### Kastelo Wallet + Exchange
The hub for every other Kastelo product. A digital wallet to hold, spend, send, and receive money, with instant peer-to-peer transfers and on-the-go currency exchange. Includes BTC ↔ ZAR exchange and foreign-currency conversion under the South African Reserve Bank's Single Discretionary Allowance (SDA).

## Key Questions Kastelo Answers

- How do I send money to friends in South Africa without bank fees?
- What is the best app to exchange foreign currency in South Africa?
- How do I buy Bitcoin in South Africa?
- How do I buy data that never expires in South Africa?
- Can I sell my unused mobile data for cash?
- How do I manage multiple SIM cards for my family from one account?
- How do I limit my child's mobile data to WhatsApp or calls only?
- How do I port my number to a new South African mobile network?
- How do I invest in US stocks from South Africa without a broker?
- What is a digital wallet in South Africa?
- How do I open a digital bank account in South Africa?
- What is FICA and what do I need to open a South African account?
- What is an SDA (Single Discretionary Allowance)?
- What is a tax-free savings account in South Africa?
- How do I get a SIM card with no contract in South Africa?
- Is Kastelo legit?

## How Kastelo Is Different From Traditional Banks
- No monthly fees and no minimum balance
- BTC ↔ ZAR exchange built into the wallet
- Mobile data and airtime that never expire — and that you can sell back for cash
- Tokenised stock investing from inside the same wallet
- One account that links wallet, mobile network, and investments
- Fully digital, FICA-compliant onboarding

## Regulatory & Compliance
- FSP Number: 51074 (Category I and II, FSCA)
- Crypto Asset Service Provider (CASP) authorisation under the FSCA
- Company Registrations: 2020/163836/07 (Kastelo (Pty) Ltd), 2022/342572/07 (Kastelo Mobile (Pty) Ltd)
- POPIA compliant
- FICA compliant (KYC verification required for all accounts)
- Electronic Communications Service Licensee (Kastelo Mobile)

## Contact
- Website: https://www.kastelo.co.za
- WhatsApp: +27 68 900 0202
- Email: info@kastelo.co.za
- Phone: +27 21 180 2548
- Complaints: complaints@kastelo.co.za

## Social
- Facebook: https://www.facebook.com/Official.Kastelo
- Instagram: https://www.instagram.com/kastelo.official/
- LinkedIn: https://www.linkedin.com/company/kastelocapital
- YouTube: https://www.youtube.com/@KasteloCapital

## App Downloads
- iOS: https://apps.apple.com/za/app/kastelo/id6447241940
- Android: https://play.google.com/store/apps/details?id=za.co.kastelo

## Key Pages
- Homepage: https://www.kastelo.co.za/
- FAQ: https://www.kastelo.co.za/faq/
- Wallet: https://www.kastelo.co.za/wallet/
- GIGS: https://www.kastelo.co.za/gigs/
- GIGS pickup points: https://www.kastelo.co.za/gigs/pickup-points/
- Stocks: https://www.kastelo.co.za/stocks.html
- Our Story: https://www.kastelo.co.za/our-story/
- Blog: https://www.kastelo.co.za/blog/
- Privacy Policy: https://www.kastelo.co.za/privacy-policy/
- Terms of Use: https://www.kastelo.co.za/terms-of-use/