Browsing: 20Twenty

News
22seven founder calls it quits

Christo Davel, the founder of the personal finance management website 22seven, acquired by Old Mutual in 2013, has resigned. In a note to customers on Wednesday, Davel said he, co-founder Kenny Inggs

News
Old Mutual buys 22seven [updated]

Financial services giant Old Mutual has acquired personal financial management start-up 22seven as part of a strategy of what it calls “developing digital support for its customers”. The value of the deal has not been disclosed. 22seven exited its beta phase last May and began

Start-ups
Daily Dish: dinner, delivered

Daily Dish founders Diane de Villiers, 54, and Jo-Pierre Lerm, 33, are no strangers to digital start-ups. The pair were behind online lead generation service JustPlay and both worked at SA’s first online bank, 20twenty. Their latest venture involves

Alistair Fairweather
Irrational behaviour

“You’re being irrational.” No one likes to hear those words. They are the verbal equivalent of a pat on the head. But, like it or not, we are fundamentally irrational beings. And the area in which we should be the most clear-headed, our personal finances, is usually

Duncan McLeod
The problem with 22seven

Christo Davel, former head of now-defunct online bank 20twenty, sparked intense debate and provoked security warnings from local banks last week when he took the wraps off his new venture, personal financial management website 22seven. The start-up got itself noticed. But is the service safe to use?

In-depth
Banks train their guns on start-up 22seven

Financial management website 22seven has been live for just a day and already it’s facing its first serious challenge. Some of SA’s big banks have begun warning their customers not to provide their banking login details to the service, which aggregates users’ financial information to give them a graphics-rich picture of their income and spending

News
Ex-20twenty boss in new financial services venture

Christo Davel, former head of now-defunct online bank 20twenty, has launched a new online financial services venture called 22seven designed to help people better manage their money. “Our service doesn’t have all the answers but it does have a few insights,” says Davel, who is CEO of the new company. “22Seven