Finteq Payment Solution Specialists
Finteq is a leading software development company that specialises in developing payment solutions used by banks and financial services in Africa. The solutions provide for:
Origination of Payments
Either internally, within a particular organisation, or externally to other participants in the payment industry.
Payment Information Retention
Creating a comprehensive audit trail and repository of transactions. This enables the resolution of enquires and disputes.
Capture, collection, processing and reconciliation of payment information.
Finteq has grown steadily from a small startup in 2005 into a company providing solutions for more than 35 customers in 13 countries.
Finteq develops payment solutions for banks and the financial services sector. We specialise in Payment Hub’s and Automated Clearing House systems. These systems enable initiation of transactions, intra and inter-bank clearing and settlement, and interoperability between systems, whether they be modernised, legacy or proprietary.
It is a Microsoft Gold ISV and the companies systems are built based on ISO 20022 Standards, making the offering’s robust and interoperable
ANDY THERON Managing Director
Andy started his career at Standard Bank as a programmer after completing various information technology courses. He worked as a programmer, analyst and then as a consultant in the banking industry focusing on payments. He implemented multiple large banking systems and was very involved in multiple industry initiatives. These initial years gave Mr Theron a solid base in the system development cycle of banking with particular focus on payments and management. In 1997 while working as a consultant, Mr Theron started a contracting company and placed multiple individuals, predominantly in the financial industry. In 2004 Mr Theron began getting involved in doing fixed cost projects and product development. In 2005 he sold off his interests in the consulting company and created Finteq.
JOHN WENTZEL Chairman
Dr. John Wentzel is a highly experienced industry executive. He holds a Ph.D. in Industrial Systems as well as two masters degrees. His career has seen him work for a range of companies in the FMCG, banking, logistics, retail and service industries. His focus has been on strategic execution, operations and the turnaround of business units and companies.
Dr. Wentzel is currently CEO of Drake & Scull, South Africa’s largest facilities management company. He has previously held senior positions including CEO, Managing Director, COO, CIO and Operations Director for various public and private sector companies. He has served on numerous boards in both executive and non-executive positions for private and public sector companies.
ROB MULLER Commercial Director
Rob is the Commercial Director of Finteq, having joined the company at the beginning of 2008 with the purpose of growing the company’s Pan-African operation. Rob started off his career by obtaining a qualification in electronic engineering, and worked as a technician for the first 5 years, during which he became involved in sales and setting up of sales distribution channels.
Over the past 15 years, he has been in technical sales; first as a sales engineer, then succeeding into management and finally becoming a director in 2004. His main focus has always been on business development and growth in new markets.
EUGENE RAUBENHEIMER Operations DIrector
Eugene is the Operations Director of Finteq and has more than 25 years of IT experience in the banking industry. He has worked in many areas of IT within Standard Bank – encompassing operations, networks, applications programming, project management, programme management, departmental management and line management.
Eugene started as a programmer in 1986 and worked in the Standard Bank IT department for 23 years. He has a very good technical, as well as a business understanding in diverse areas of banking. From 2006 to 2010 he was focused on the various systems deployed by Stanbic Bank throughout Africa – including cheque, payments and cheque truncation systems.
Our head office is based in Johannesburg, South Africa and you’ll also find Finteq products in Kenya, Tanzania, Zambia, Zimbabwe, Swaziland, Lesotho, Botswana, Namibia, Angola, Uganda, Mauritius, Malawi and Ivory Coast.