One of Africa’s leading fintech companies, Addendum, is changing the corporate borrowing landscape. The rapid growth of fintech across South Africa has led to the disruption of traditional systems, and companies like Addendum are leading the charge towards a new way...
When it comes to Supply Chain Finance (SCF), a trusted and experienced service provider is of paramount importance. Why? Recently it has become very obvious that some providers do not have their clients’ best interests at heart and have lost sight of the true purpose...
For many companies, debt capital aka debt funding is a necessary part of their financial structure. Debt capital involves borrowing money from a bank or other lender, usually in the form of loans, corporate paper or by issuing a bond and then having to pay the full...
Addendum Supply Chain Finance is mitigating the financial effects of the COVID-19 lockdown. Every day in lockdown, dozens of companies, each with thousands of suppliers, have taken advantage of this unique form of cheap working capital, through the click of a button....
At any point in time, there are more than R300 billion in unpaid invoices in the South African economy. This is an enormous amount of working capital which, if freed up, could provide a meaningful financial injection into the economy. However, the solution is not to...
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