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...
As we move swiftly into 2021, we thought we’d take a brief moment to recap all that happened in 2020 before sharing our excitement about the year that lies ahead. 2020 started with strong momentum and new clients joining our Funding Solutions Platform.
We are proud to introduce you to the new Addendum brand which is a reflection of our philosophies, our values and our dedication to resolving the problems and challenges our clients might face.
Richards Bay Minerals decided to partner with South African financial technology provider, Addendum, to develop a supply chain finance (SCF) programme to help achieve this strategic goal.