Sanlam Announces The Acquisition Of Q Link
Sanlam Announces The Acquisition Of Q Link. South African financial services company Sanlam has announced the acquisition of Q Link, a cloud based startup.
Sanlam managing partner, Paul Moeketsi, told My Broadband that, “We are seeing the significant social impact, especially around financial inclusion and improving the lives of previously disadvantaged communities through the provision of financial access and high growth and good return prospects from this sector.”
Q LINK is a cloud based one stop collection service for enterprises that collect large volumes of payments every month. The company serves a wide spectrum of industries including financial services, banking and finance, healthcare, labor organisations and large employers in both the public and private sectors. Q LINK has automated the ability to implement intelligent processes for high volume deductions ensuring, amongst others, the affordability and validity of such deductions whilst improving the success rate. Its services underpin its mantra of credible collections. The company’s sophisticated toolsets enhance the collections efficiency of responsible service providers in support of fair collections practices for consumers. Q LINK boasts an impressive track record of service excellence and delivery of substantial improvements for both collectors and payers, for over two decades.
Sanlam has successfully expanded to more than 40 countries across the world, with an extensive African footprint in more than 30 African countries. With the growth it has had the company believes that it has held true to its purpose of enabling people to live their best possible lives by offering relevant financial products and services as well as empowering communities where it does business.