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Home Startups Southern Africa

Vault Share Launches Africa’s First Social Card

by Tobias Pius
6 years ago
in Southern Africa
Reading Time: 3 mins read
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Vault share - techbuild

Credits: Ventureburn

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Vault Share is a new digital product developed by South African entrepreneurs to simplify networking processes.

It is Africa’s first social card with a unique app and tech-based tool that has the ability to revolutionize local and global businesses while offering network opportunities.

The social card is an easy-to-use tech product that allows users to save contact information and instantly share digital biographies thus simplifying the process of networking.

Customer’s online profiles are saved in one place as Vault Share promotes genuine and meaningful interactions in a business or social setting.

Dr. Chad Marthinussen, co-founder of Vault Share, in an official statement explains that the SA  product supports business trends even during the COVID-19 pandemic.

He said: “With the share card, you do not need to handle someone else’s device to help them find your details,  they have full access to it via Vault Share.

We believe that COVID-19  has opened the door for many novel ideas to come to life and novel ways of doing things will soon become the norm.

“The South African-designed business product is powered by the owners of the Vault Brand, Dr. Chad Marthinussen and Gino Lang, both entrepreneurs who are based in Cape Town that are also leading Vault Share facilitates Wave-Innovate, a  leading technology solution company.

The Vault is a minimal Radio  Frequency Identification (RFID) theft blocking wallet capable of holding about 15 cards with an attachable cash clip to hold money.

Dr. Marthinussen, in a comment, stated that Vault Share also aims to rewrite the narrative around Africa’s tech solutions and products.

He said: “I decided to look for a piece of technology that could make the process of networking smoother, slicker,  safer, and also more holistic.

The act of handing over a business card is very outdated and not very effective – and I wanted to create something that would add value to the end-user by allowing them to get the most out of their social interactions.

Gino and I realized that  South Africa (and Africa) does not have a premium lifestyle orientated carry-on ecosystem and thus we ventured to create the Vault brand.

The technology is relatively new with interest growing daily. The end goal is clear with where we want to go with the technology. The social aspect  is only the start.”

The Cape Town-based tech entrepreneurs own a variety of products across tech and business sectors, one of which is the Nano Wave respiratory mask.

Social media offers individuals an avenue to curate a narrative for their lives and this concept is what inspired the emergence of Vault  Share, a Near-field communication (NFC) based social card to revolutionize worldwide networking.

Vault Share uses cutting-edge technology to reinvent the business card, it applies the use of Bluetooth and NFC to allow transfers of pre-stored data from the Vault  Share social card to new users, and it also consumes little power.

Users can instantly share social information in one tap, and its ability to collect digital content relevant and available to the user’s network demonstrates a significant growth in Africa’s tech industry.

Vault operates in the following areas:

  • Business to Business (B2B) Retail: such as fuel stations, shopping malls, brand stores, and convenience stores
  • Business to consumer (B2C): this includes business owners, business professionals, recruiters, students, and social media users.

Business to Business (B2B) Hospitality: this also includes businesses that entertain or receive guests, such as airports, convention centers, hotels, casinos, restaurants, bars, nightclubs, schools, vacation spots, and stadia.

Dr. Marthinussen, encouraged South African’s to utilize the Vault Share product to revolutionize local and global businesses through network opportunities.

He said: “Vault and Vault Share will bring tremendous value to the customers. The Vault Share will ensure their vital credit card information is safe and secure considering the rise in credit card skimming in South Africa, and with the festive season approaching it will be even more prevalent.

We believe that the use of Vault Share will  result in more effective networking and more measurable conversions.” The Vault Wallet retails at R999 for users while the Vault Share card retails at R799.


Featured Image: (L-R) Dr. Chad Marthinussen and Gino Lange, co-founders of Wave-Innovate


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