Transaction Capital
Transaction Capital Limited is an investment holding company that provides non-deposit taking financial services in South Africa and Australia. The business operates through several segments, including SA Taxi, which offers a vertically integrated platform for vehicle procurement, retail, repossession, and refurbishment, along with asset-backed developmental finance and insurance services. The WeBuyCars segment serves as a buyer, distributor, and retailer of vehicles, also providing financial and allied products. Additionally, Transaction Capital delivers customer management solutions via a fintech platform, enabling clients to mitigate risks throughout their customer engagement processes. It supports small and medium-sized enterprises by offering business support, working capital finance, accounts receivables collection, and various payroll and human resources management services. The company leverages its specialized credit, risk, analytics, and capital management capabilities to enhance its competitive position and create value for stakeholders, addressing the financing needs of entities that may struggle to access traditional credit. Founded in 2007 and based in Johannesburg, Transaction Capital aims to adapt its strategy in response to economic conditions to maximize stakeholder value.
WeBuyCars
Acquisition in 2021
WeBuyCars has built an exceptional reputation as the number one car-buying service in South Africa. Started by brothers Faan and Dirk van der Walt, the renowned WeBuyCars brand has expanded with services throughout South Africa, with warehouses in Silver Lakes, Midstream, Durban, Johannesburg South, Port Elizabeth and Cape Town. Part of our success is due to our focus to attract and retain employees who have the same values and principles – who don’t necessarily have the abilities and skills to begin with – but who are willing to learn; work hard, provide excellent customer service and who see themselves walking a long road ahead with WeBuyCars. We also like to grow our employees in the areas we know they will excel in and are currently studying through our bursary programme - and we are happy to reap the rewards from a happy and remarkable workforce. Our workforce currently entails almost 200 sales executives based across the country in our eight branches; and 150 buyers nationwide. With our new branches scheduled to open in the next few years, we are set to continue our exponential growth.
WeBuyCars
Corporate Round in 2020
WeBuyCars has built an exceptional reputation as the number one car-buying service in South Africa. Started by brothers Faan and Dirk van der Walt, the renowned WeBuyCars brand has expanded with services throughout South Africa, with warehouses in Silver Lakes, Midstream, Durban, Johannesburg South, Port Elizabeth and Cape Town. Part of our success is due to our focus to attract and retain employees who have the same values and principles – who don’t necessarily have the abilities and skills to begin with – but who are willing to learn; work hard, provide excellent customer service and who see themselves walking a long road ahead with WeBuyCars. We also like to grow our employees in the areas we know they will excel in and are currently studying through our bursary programme - and we are happy to reap the rewards from a happy and remarkable workforce. Our workforce currently entails almost 200 sales executives based across the country in our eight branches; and 150 buyers nationwide. With our new branches scheduled to open in the next few years, we are set to continue our exponential growth.
Paycorp Holdings
Acquisition in 2006
Paycorp (www.paycorp.co.za) provides and operates a range of payment solutions including ATMs, card issuing, and acceptance technology. ATM Solutions owns and operates a network of over 5,000 ATMs across Southern Africa, Tutuka (www.tutuka.com) specializes in building and running prepaid card systems, Kazang (www.kazang.com) is one of Africa’s leading micro-payment processing services and EFTPOS provides merchant debit and credit card acceptance solutions as well as ZipZap mobile point-of-sale (www.zipzap.co.za). The company was founded in 1999 by South African Steven Kark, with its first ATM deployed in March 2000. Steven’s approach to delivering payments solutions has always been driven by an entrepreneurial spirit and an ongoing culture of innovation. Providing financial inclusion is a key strategic focus for Paycorp, who believes in providing better access to banking services for the under-banked. Paycorp prides itself on its corporate governance. The company was one of the first local businesses in the financial services sector to achieve PCI compliance, the industry-mandated security standard that applies to all businesses that store, process or transmit credit, and/or debit card data. Paycorp has long-term relationships with many of the banks and card associations in the countries in which it operates. Paycorp also enjoys representation and collaborative engagement with all regulatory bodies. Today, Paycorp operates in 16 countries across sub-Saharan Africa and South East Asia with a fledgling business in Eastern Europe and has deployed over 5 000 ATMs, 22 000 terminals, and 500+ card programs.
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