Subscribe & Follow
Jobs
- Insurance Sales Agent Mbekweni
- Key Account Manager George
- Graphic Designer Vereeniging
- Key Account Manager Johannesburg
- Sales Agent Paarl
- General Manager Johannesburg
- Sales Associate Paarl
- Sales Representative Paarl
- Business Development Manager Johannesburg
- Sales Representative East Rand
Capitec to acquire 40% stake in Creamfinance for €21m
Creamfinance is registered in Cyprus and the group provides online consumer loan products in a number of countries, including Poland, Latvia, Georgia, the Czech Republic, Mexico and Denmark.
Capitec said its business model, sophisticated technology and advanced credit scoring methods aligned with its own business model, as well as supported its long-term digital strategy.
"We believe that Creamfinance will provide Capitec's management with the opportunity to gain experience in entering and operating in foreign countries, more specifically advancing credit in the international and online environment and to work with a foreign partner to manage an international business," Capitec said.
Source: I-Net Bridge
For more than two decades, I-Net Bridge has been one of South Africa’s preferred electronic providers of innovative solutions, data of the highest calibre, reliable platforms and excellent supporting systems. Our products include workstations, web applications and data feeds packaged with in-depth news and powerful analytical tools empowering clients to make meaningful decisions.
We pride ourselves on our wide variety of in-house skills, encompassing multiple platforms and applications. These skills enable us to not only function as a first class facility, but also design, implement and support all our client needs at a level that confirms I-Net Bridge a leader in its field.
Go to: http://www.inet.co.za