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Ascension CapitalAuthor: Ascension Capital: Kabelo Moja, Kabelo Senoelo, Naairah Motala, Tinyiko Ngwenya
Ascension Capital is a South African private equity fund manager. Listen and learn about private equity as our specialist team decodes and demystifies this landscape. Language: en-gb Contact email: Get it Feed URL: Get it iTunes ID: Get it |
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EP#7: Investing in Data: The CPB Story
Episode 7
Thursday, 27 March, 2025
Ascension Capital unpacks their strategic investment in Consumer Profile Bureau, a technology-driven credit bureau revolutionizing data access and financial inclusion in South Africa. The team explains how CPB's innovative approach to data management and identity verification is transforming financial services while tackling the country's R50 billion unclaimed benefits challenge.• Tech-driven credit bureau providing essential data services to financial institutions• Management team with deep industry knowledge creating competitive advantage• Identity verification technology connecting fingerprints to Home Affairs databases• Helping connect beneficiaries to R50 billion in unclaimed benefits across South Africa• Social impact through financial inclusion and potentially lower credit costs for consumers• KYC and anti-money laundering services helping address South Africa's grey-listing challenges• Co-investment structure requiring careful alignment of investor goals and visions• Importance of succession planning and managing key person risk in technology businessesFor more information, please visit our website at ascensioncapital.co.za.For more information or to connect with the team, visit https://www.ascensioncapital.co.za/
