SmartFunder is a company that administers Educational Bursary Schemes on behalf of various Employers in South Africa


SmartFunder's mission is to make better education a reality for all South Africans.

We assist Corporates and Small Businesses to offer their employees a better Employee Value Proposition.


National Treasury and SARS recently made changes to the tax act to address the skills shortage and high unemployment rate in South Africa, by reducing educational expenses through an innovative form of tax relief aimed at employees. SmartFunder specialises in assisting companies to take advantage of this tax relief.


We handle every aspect of the bursary process from employee education sessions, digital enrolment of staff, educational institution vetting and approval, fee collection, distribution of funds, payroll change management, compliance and IRP5 code management.



See what our clients are saying about us

Think Smart, Start Smart. Exceptional service. Happy employees.

Tazkiyya Suleman
Manager: Payroll & Benefits
Mercantile Bank

I have enjoyed a professional working relationship with Francois and Henco. They fully understand their value proposition and have put all the building blocks in place to ensure a smooth transition onto their online platform, for both the employer and the employees. SmartFunder takes away the enormous admin burden and the work they do is so important, as it enables a focus on education, which in the long term will accelerate our ambitions as a society, to have more educated citizens. I would highly recommend SmartFunder to any company.

Edith Ivanova
Head of Benefits
Dimension Data, Internet Solutions, Group Head Office and Britehouse

The SmartFunder platform was quite easy to understand and very user-friendly.
I also have to compliment the staff at SmartFunder for their prompt response on queries and willingness to help.

Raquel Benjamin
Unlimited Group


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087 012 5325