Christo Davel, the co-founder of the 22seven personal financial management platform acquired by Old Mutual in 2013, is joining Direct Transact as chief commercial officer.
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Personal financial management service 22seven has cut its monthly subscription fee by more than half, from R60/month to just R25, while adding the ability to track investments, loans, unit trusts and other financial information. Some might see the price cut as a sign of trouble, but the
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
22seven is no longer in beta. It will offer users a 30-day free trial, after which the service will cost R70/month. There is no contractual commitment and users can opt out at any time. CEO Christo Davel says mobile applications are inevitable, but won’t commit to a timeline for their launch
SA technology journalist Simon Dingle has been hired by Cape Town-based personal financial management start-up 22seven to head its product strategy and design team. Launched in January, 22seven is headed up by Christo Davel, the former CEO of now-defunct online bank 20twenty. Dingle will continue to write for Finweek magazine
“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
Online personal financial management start-up 22seven on Wednesday accused Absa of blocking its US technology partner Yodlee from accessing users’ Internet bank accounts. Absa confirms it has blocked the service and on Wednesday defended its decision in an interview with TechCentral. 22seven has provoked