MyBucks
Fintech sector: Lending, E-banking, Financial Inclusion
Country of incorporation: Luxembourg
Year of incorporation: 2015
Team names, roles
and company contact
Dave van Niekerk (CEO)
Timothy Nuy (Deputy-CEO)
Sergey Gorchakov (Group Financial Controller)
Elevator pitch
MyBucks S.A. (WKN: A2AJLT, ISIN: LU1404975507, Ticker Symbol: MBC: GR) is a FinTech company based in Luxembourg that delivers seamless financial services through technology. Through its brands GetBucks and GetSure the company offers unsecured consumer loans, banking solutions as well as insurance products to customers. MyBucks has experienced exponential growth since its inception in 2011 and today has operations in twelve African and two European countries as well as in Australia. MyBucks aims to ensure that its product offering is accessible, simple and trustworthy, in comparison to traditional, non-technological methods, ultimately working towards enhancing the benefits to the customer. The MyBucks’ product offering enables customers to manage their financial affairs easily and conveniently. Discover more at www.mybucks.com.
Problem solved
Granting credit to individuals in emerging markets
Solution / technology
Self-learning algorithms
Competitive
First mover on fintech in Africa, adapting to a very challenging operational environment allows for applicability in most emerging markets globally.
Market size
1 billion people in Africa, 400 million smart phones in the next four years