Standard Bank and Fintech partner Addendum Financial Technologies, are proud to announce a remarkable double-global-award this month, recognising their innovative approach in supply chain finance (SCF). Standard Bank and Addendum’s clients, Omnia and Barloworld...
It has been a productive year for our Marketplace team. Since the beginning of the 2023, marked by our inaugural Marketplace Roadmap Event in January, we've made significant improvements in both our platform technology and business model. These efforts have resulted...
Pick n Pay has won an international award for its automated supply chain finance solution Fast Pay , which pays suppliers, mostly small scale, within a day of the invoice being approved, at a discount. Pick n Pay and its supply chain finance partner, Addendum, were...
“Our vision was to develop a platform where a corporate could raise funding from the wider debt capital markets.” When Addendum launched the Funding Solutions division our goal was clear, to change the way high quality corporates raise debt funding Strong...
The economic landscape has changed drastically over the last 2 years and trends in the industry continue to change heading into 2022. This means that we need to adapt and transform according to the way the world is changing so that we can remain innovative and...
2020-Too (Let’s hope not!)2022 is already one month down and the year has certainly got off to a fast start! Surviving the post-holiday blues is usually bad enough, but we’ve also had to endure record high temperatures (down in the Western Cape) and hearing about...
It has been a busy few months since our last Funding Solutions update. As many of our users would have already seen, the team has been hard at work with the launch of Marketplace, South Africa’s first locally developed fixed income bulletin board. We have also been...
An innovative new offering in the local bond market has seen the movement of over R100m worth of bonds in its opening week. Reliable price discovery in the local bond market has been one of the critical challenges faced by asset managers and active traders for a long...
In 2014, after doing extensive market research along with years of experience in the finance industry, Emuel Schoeman and Willem le Roux started Addendum Financial Technologies and with this, started marketing PrimeRevenue’s global, market-leading supply chain finance...
Addendum Marketplace has evolved! Our existing funder users have been able to transfer unlisted bilateral debt issued off our Funding Solutions Platform since Q4 2020, but new and existing users will now also be able to access listed debt instruments on the expanded...
It has been an exciting and busy 6 months for Funding Solutions. So busy, that we were unable to bring out a standalone Q1 update! Read on for a quick tour of our recent highlights together with some very exciting new developments coming soon. Platform activity over...
An innovative collaboration between Absa and Addendum Financial Services has helped to build a resilient Supply Chain Finance solution to support some of the biggest industrial businesses in South Africa. To date this initiative has managed to unlock more than R40bn...