OUR STORY
In early 2013, Merchant Capital worked closely with the leading cash advance provider in the US – a company that has provided over $1.2 Billion in funding to over 20,000+ US businesses. Later in 2013, the Capricorn Capital Group invested in Merchant Capital. Capricorn Capital Group is associated with the broader Yellowwoods Group, which includes Hollard Insurance, Clientèle, and Nando’s. In 2015, financial services investment group RMI Holdings acquired a 25.1% stake in the business. Some of the RMI’s underlying investments include MMI, Discovery Holdings and OUTsurance.
These investments in Merchant Capital add great value to the team, bringing many years of success, innovation and experience.
Merchant Capital is one of the founding members of the South African SME Finance Association (SASFA), a national, self-regulating body for alternative finance companies.
WE’RE ENTREPRENEURS TOO
We started Merchant Capital in response to the high failure rate among small businesses caused by lack of funding. Our vision is to become the leading provider of disruptive financial services products to small and medium businesses in emerging markets. Because our company was created by entrepreneurs who really understand what running a business is about, we know small businesses can’t rely on easy access to traditional options.
We also know there’s a need for trusty cash flow alternatives. And this is why we use a unique funding and payment model to provide a working capital injection for growing businesses.
MEET THE TEAM
LEADERSHIP TEAM
- DOV GIRNUN
FOUNDER & CEO - DANIEL MORITZ
CO-FOUNDER & CFO - RYAN COHEN
DIRECTOR: MARKETING AND SALES - DAVID REYNDERS
CHIEF OF TECHNOLOGY OFFICER
BOARD MEMBERS
- HERMAN BOSMAN
CEO RMBH & RMIH - GREG KINROSS
CEO INNOVO CAPITAL - ROB FIHRER
CEO CAPRICORN CAPITAL PARTNERS - CHRIS MULLIN
DIRECTOR AFRICA, CAPRICORN CAPITAL PARTNERS
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