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Riovic
Riovic Capital Group, or simply Riovic, is a financial technology company and private equity holding company that provides a platform that lets private companies discover private equity funds, raise capital, manage their capitalization tables and manage shareholder and investor relations. The company entered the market as an insurance technology platform that connected private investors with insurance seekers, allowing the investors to backstop claims in exchange for premiums, but expanded to other areas in financial technology. In September 2015 the company officially launched a money transfer service called RiovicPay to help people access cross-border money remittance services on holidays and after hours. The service was rebranded to AfricanRemit. It then released its on-demand platform for financial services, labeled the ''Uber of Finance,'' in November 2015. The platform provided financial advisers, crowd investing and Peer-to-peer insurance. In 2016 the company was ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Riovic 1
Riovic Capital Group, or simply Riovic, is a financial technology company and private equity holding company that provides a platform that lets private companies discover private equity funds, raise capital, manage their capitalization tables and manage shareholder and investor relations. The company entered the market as an insurance technology platform that connected private investors with insurance seekers, allowing the investors to backstop claims in exchange for premiums, but expanded to other areas in financial technology. In September 2015 the company officially launched a money transfer service called RiovicPay to help people access cross-border money remittance services on holidays and after hours. The service was rebranded to AfricanRemit. It then released its on-demand platform for financial services, labeled the ''Uber of Finance,'' in November 2015. The platform provided financial advisers, crowd investing and Peer-to-peer insurance. In 2016 the company was ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Phiwa Nkambule
Phiwa Nkambule (born 24 January 1992) is a technology entrepreneur, technology businessperson and internet activist best known for co-founding Riovic and leading it as its CEO. He previously founded Cybatar and sat on the board of the Royal Science and Technology Park. Early life Phiwa Nkambule was born in Manzini where he also spent his childhood. In 2006, as a 14-year-old, he began fixing and building computers with his uncle in a small township in Eswatini. Nkambule moved to South Africa in 2007 for academic purposes. Phiwa was a law student at the University of Pretoria before quitting to start his first technology company Cybatar from his garage in 2014. It was at the university where he taught himself web and app development. Entrepreneurship Before leaving the University of Pretoria Phiwa attempted to work with the Swaziland National Library and the Manzini Regional Education Office in 2013 but was rejected. After dropping out of university in 2014 Nkambule founded ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cybatar
Cybatar is a technology company of the full cycle specialized in cloud-based technology platforms and software. The company was founded by Phiwa Nkambule in October 2014 initially as a social networking company but pivoted into a SaaS platform for on-demand services in 2015. Cybatar has been involved in the development of other technology startups including financial technology company Riovic. In 2015 the company announced Africa's first fuel delivery network which was received as evidence that South African entrepreneurs had embraced the idea of the On Demand Economy, and as an improvement to the Petroleum Industry value chain. In the wake of the FeesMustFall protests in South Africa, the company launched a university scholarship crowdfunding platform and campaign to save students across the country who were in tuition debt and were facing financial exclusions in 2016. The software company also received international recognition for being lean and its technological con ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Peer-to-peer Insurance
Peer-to-peer insurance is a reciprocity insurance contract through the Collaborative consumption concept. General The aims of peer-to-peer insurance are to save money through reduced overhead costs, increase transparency, reduce inefficiencies, and especially to reduce the inherent conflict between insurance carriers and their policyholders at the time of a claim. There are many types of peer-to-peer insurance. The first type was created by an Insurance broker (as opposed to insurance companies). In this broker model, insurance policyholders will form small groups online. A part of the insurance premiums paid flow into a group fund, the other part to a third party insurance company. Minor damages to the insured policyholder are firstly paid out of this group fund. For claims above the deductible limit the regular insurer is called upon. When there is no insurance claim, the policyholder gets his/her share refunded from the group pool or credited towards the next policy year. If ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Crowdfunding
Crowdfunding is the practice of funding a project or venture by raising money from a large number of people, typically via the internet. Crowdfunding is a form of crowdsourcing and alternative finance. In 2015, over was raised worldwide by crowdfunding. Although similar concepts can also be executed through mail-order subscriptions, benefit events, and other methods, the term crowdfunding refers to internet-mediated registries. This modern crowdfunding model is generally based on three types of actors – the project initiator who proposes the idea or project to be funded, individuals or groups who support the idea, and a moderating organization (the "platform") that brings the parties together to launch the idea. Crowdfunding has been used to fund a wide range of for-profit, entrepreneurial ventures such as artistic and creative projects, medical expenses, travel, and community-oriented social entrepreneurship projects. Although crowdfunding has been suggested to be highly li ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Services Companies Of South Africa
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset, money, risk and investment management aim to maximize value and minimize volatility. Financial analysis is viability, stability, and profitability ass ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies Based In Johannesburg
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Technology Companies Of Africa
Technology is the application of knowledge to reach practical goals in a specifiable and reproducible way. The word ''technology'' may also mean the product of such an endeavor. The use of technology is widely prevalent in medicine, science, industry, communication, transportation, and daily life. Technologies include physical objects like utensils or machines and intangible tools such as software. Many technological advancements have led to societal changes. The earliest known technology is the stone tool, used in the prehistoric era, followed by fire use, which contributed to the growth of the human brain and the development of language in the Ice Age. The invention of the wheel in the Bronze Age enabled wider travel and the creation of more complex machines. Recent technological developments, including the printing press, the telephone, and the Internet have lowered communication barriers and ushered in the knowledge economy. While technology contributes to economic d ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Technology Companies
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset, money, risk and investment management aim to maximize value and minimize volatility. Financial analysis is viability, stability, and profitability assessmen ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Google
Google LLC () is an American multinational technology company focusing on search engine technology, online advertising, cloud computing, computer software, quantum computing, e-commerce, artificial intelligence, and consumer electronics. It has been referred to as "the most powerful company in the world" and one of the world's most valuable brands due to its market dominance, data collection, and technological advantages in the area of artificial intelligence. Its parent company Alphabet is considered one of the Big Five American information technology companies, alongside Amazon, Apple, Meta, and Microsoft. Google was founded on September 4, 1998, by Larry Page and Sergey Brin while they were PhD students at Stanford University in California. Together they own about 14% of its publicly listed shares and control 56% of its stockholder voting power through super-voting stock. The company went public via an initial public offering (IPO) in 2004. In 2015, Google was reor ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Microsoft For Startups
Microsoft for Startups, formerly known as Microsoft BizSpark, is a Microsoft program that provides support, Azure credits and free licenses to selected Microsoft products to software Software is a set of computer programs and associated documentation and data. This is in contrast to hardware, from which the system is built and which actually performs the work. At the lowest programming level, executable code consists ... entrepreneurs and start ups. providing the benefits and the perks to the selected members of this program for a term of 3 years. Microsoft launched ''BizSpark One'' in 2009 as an enhanced service for selected startups. The BizSpark program was discontinued on February 14, 2018. and replaced by the Microsoft for Startups program. In October 2021 a new hub for Founders was added providing improved oversight of benefits and the startup company profile. References External linksMicrosoft for Startups site [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Facebook
Facebook is an online social media and social networking service owned by American company Meta Platforms. Founded in 2004 by Mark Zuckerberg with fellow Harvard College students and roommates Eduardo Saverin, Andrew McCollum, Dustin Moskovitz, and Chris Hughes, its name comes from the face book directories often given to American university students. Membership was initially limited to Harvard students, gradually expanding to other North American universities and, since 2006, anyone over 13 years old. As of July 2022, Facebook claimed 2.93 billion monthly active users, and ranked third worldwide among the most visited websites as of July 2022. It was the most downloaded mobile app of the 2010s. Facebook can be accessed from devices with Internet connectivity, such as personal computers, tablets and smartphones. After registering, users can create a profile revealing information about themselves. They can post text, photos and multimedia which are shared with any ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
