One Thousand & One Voices (1K1V), in partnership with diversified FinTech investment holding company Crossfin Technology Holdings (Crossfin) Isaac Mophatlane, investor and shareholder in Sybrin Group of Companies, announces the closing of the Sybrin Group of Companies (Sybrin) transaction. All conditions precedent were met and all approvals for the transaction were granted on 31 March 2022.
Sybrin is a top software solution provider that helps financial service providers digitize and automate their business processes.
The company integrates its software solutions into core lines of business systems for large-market and mid-market companies, including Microsoft, ABSA. Nedbank, Old Mutual, Kenya Bankers Association, Nedbank, and Kenya Bankers Association.
The industry giant has 17 countries covered by its footprint in Africa, Asia, and Eastern Europe.
Hendrik Jordaan is the President and CEO at 1K1V. “With Sybrin as part of the 1K1V and Crossfin consortium, we intend to expand Sybrin’s footprint internationally through deploying our Three-Dimensional Capital and unlocking synergies opportunities across Africa in partnership with our other technology platform investments.
Through the sharing of talent, technology expertise and other benefits, our partnership will eventually connect Africa and America. It will also strengthen the existing relationship with Sybrin’s management team.
The partnership will allow us to further bridge the two continents with tremendous opportunities and continue improving people’s lives through creating and sustaining jobs.”
Crossfin’s CEO Dean Sparrow is also the Co-Founder. Crossfin offers investors a mixed exposure to Fintech investments. “Now that we have officially partnered with 1K1V, together with Isaac Mophatlane, we anticipate an increase in collaborations within many African countries.”
“Our partnership with 1K1V and Crossfin, allows our business to gain significant additional leverage and valuable insight into the South African, African, and U.S. markets.
The partnership will help us bridge two continents and open up new economic opportunities for tens to thousands.
Through our experience in African technology investments, the Sybrin customer base, and networks that are already established across Africa, this partnership will yield vast opportunities for cross-border collaboration and technological innovation,” Marius Mare, CEO Sybrin Group, added