Fintech's Shareholders

Effective July 2007 Fintech’s shareholding is as follows:
 

Shareholders  
Simeka Group 25.1%
Investec Bank Limited 25.1%
Fintech Management 49.8%
Total 100%

Investec Bank Limited

Investec is an international, specialist banking group that provides a diverse range of financial products and services to a select client base. Since inception, Investec has expanded through a combination of substantial organic growth and a series of strategic acquisitions. Today, Investec have an efficient integrated international business platform, offering all their core activities in the UK and South Africa, and select activities in Australia.

“The decision to invest in Fintech is part of a deliberate strategy for Investec. We strive to be recognised as a distinctive specialist banking group and the acquisition of Fintech is in line with our goals to build value-add businesses.  With the joint experience in securitisation and asset finance, I am certain that this transaction will result in expanded growth for all parties. ” – Anton Millar

Fintech Directors from Investec:
Stuart Spencer

Simeka Group

Simeka was founded in 1996 with the aim of being a meaningful player in the professional services space and has to date successfully invested in a number of companies. The acquisition of shares in Fintech is in line with the overall strategy to establish a financial services group that provides skills, resources and financial support to its current investment portfolio.

Mr. Robinson Ramaite, founder and chairman of Simeka and previously the Director General of the Public Services Administration says: “The investment in Fintech not only gives us the opportunity to add skills, resources and infrastructure to the Simeka Group, but also provides us with the ability to expand our business model and strengthen our base from which it can grow in the financial services sector.”

Fintech directors from Simeka:
Robinson Ramaite
Cecil Maswanganyi

 

 

 

 
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