Cumulate Has Partnered With Discovery Bank To Launch Worth!
Cumulate Has Partnered With Discovery Bank To Launch Worth! Johannesburg-based fintech start-up Cumulate has partnered with Discovery Bank to launch an advanced online financial education platform called Worth.
Gary Kayle, CEO of Worth told Venture Burn about the importance of financial education in empowering individuals. “Worth is Discovery Bank’s financial education partner, and we’ve relished working with the Discovery team as they build the world’s first shared-value bank. We have witnessed first-hand how compelling financial education can radically change lives for the better. We boost financial knowledge and build wealth that lasts.”
Cumulate does not sell any financial products or services. It sells independent financial education as a service to people, so that they can strategically embed it into their product and service offering. At the cutting edge of the EdTech and FinTech entrepreneurial ecosystem, the company has proven that it can implement, and scale, its world-class offering at high speeds.
Hayley Parry, co-founder, and chief education officer at Worth told Venture Burn about the courses offered on the new platform. “We know that many South Africans have struggled to take care of their financial wellness because of the pandemic. The courses we offer help to improve cash flow, get debt under control, and build lasting wealth regardless of your starting point. We are confident that Worth can empower South Africans to change their approach to finances which has historically been characterised by an absence of accessible financial education. Through the courses offered by Worth and the strategic incentives provided through Discovery, we look forward to seeing individuals and families embracing financial knowledge and ultimately financial wellbeing.”
Discovery Limited is a South Africa-based financial services group that is listed on the Johannesburg Stock Exchange (JSE) with its headquarters in Sandton. Discovery Limited engages in long and short-term insurance, asset management, savings, investment and employee benefits through its various brands. The Group has subsidiaries in South Africa, the United Kingdom, the United States, China, Singapore, and Australia.
Discovery Limited was founded in 1992 by Adrian Gore. In the same year, RMB Holdings (RMBH) acquired a stake in the business by making Discovery Limited its subsidiary through Momentum Group (now part of MMI Holdings Limited). In 1998, the Momentum Group became part of First Rand after the merger of the financial services interests of Anglo American Corporation of South Africa Limited (now Anglo American plc) and RMBH to achieve the objective of a unified financial services grouping.
