22seven founders look to new horizons

accreditation
Share your Subscriber Article
You have 5 articles to share every month. Send this story to a friend!
(iStock)
(iStock)

Johannesburg – Founders of budgeting and investing application 22seven, Christo Davel and Kenny Inggs will be moving on as Old Mutual plans to integrate the application into its in-house digital strategy.

The application was founded nearly four years ago by Davel and Inggs. It was designed to help people manage their finances by linking to bank accounts. Using customer data, 22seven creates a personalised budget so customers can manage their money.

The operation, although wholly owned by Old Mutual, ran independently with separate offices and staff.

Support independent journalism
Subscribe to News24 for just R75 per month to read all our investigative and in-depth journalism.
Subscribe
Already a subscriber? Sign in
Rand - Dollar
14.24
+0.2%
Rand - Pound
19.89
+0.1%
Rand - Euro
16.99
+0.3%
Rand - Aus dollar
10.79
-0.1%
Rand - Yen
0.13
+0.4%
Gold
1,777.30
-0.1%
Silver
25.87
+0.4%
Palladium
2,612.30
+2.1%
Platinum
1,091.08
+0.8%
Brent Crude
74.81
-0.1%
Top 40
59,764
+0.5%
All Share
65,820
+0.4%
Resource 10
63,003
+1.7%
Industrial 25
86,786
-0.5%
Financial 15
12,891
+0.4%
All JSE data delayed by at least 15 minutes Iress logo
Company Snapshot
Voting Booth
Should government have assigned a majority shareholding in SAA to the private sector?
Please select an option Oops! Something went wrong, please try again later.
Results
Yes, It's a good decision
70% - 555 votes
Not a good move
8% - 66 votes
Too early to tell
22% - 171 votes
Vote