How Addendum Seeks To Provide Financial Technology Solutions For Businesses Of All Sizes. Addendum provides financial technology solutions to companies and funders and it aims to become the benchmark for best execution in its targeted markets.
Addendum’s fintech solutions are capable of unlocking capital and funding for businesses of all sizes. The company has designed real-time, online solutions that make markets transparent and products simple and seamless to execute. Where others saw a barricaded, antiquated machine, it saw possibility. With transparency, convenience and choice as founding principles, Addendum puts its clients in charge. The company believes that a small change to a business strategy can open a world of potential for a business.
Willem le Roux is the CEO and co-founder of Addendum, he started his career at Capital One in Virginia, USA and has extensive experience in the banking and finance sector. Upon returning to South Africa, he joined Nedbank to set credit policy for the American Express card division. Willem started the company that eventually became Propell Sectional Title Solution in 2005. PSG was an early investor. In 2014, Willem co-founded Propell Financial Technologies, which was later rebranded as Addendum. Willem holds a B.Com Maths degree from the University of Stellenbosch.
In 2014, alongside le Roux, Emuel Schoeman co-founded Propell Financial Technologies, which was later rebranded as Addendum. Emuel has since grown the business to become a multiple, global award-winning business. After spending 9 years in new business development for Morgan Stanley in London and New York, Emuel decided to move back to South Africa and pursue a life-long dream of building a new business, but more importantly, making a meaningful impact and offering something unique. Emuel is a qualified chartered accountant, member of SAICA, a CFA charter holder and has a passion for helping businesses.
“I am proud to see how passionate the Addendum team is about this business. They are making a real difference to hundreds of businesses every day. Happy clients, global awards and dozens of client testimonials bear testimony to their passion.” Schoeman said on the company’s website.