Black Beard, the technology start-up behind SA’s first "robo-advisory" platform, has set its sights on global expansion just two years after its launch."There was an itch that needed a scratch," Black Beard CEO and co-founder Wayne Zwiers, Black Beard’s CEO and co-founder, says of his decision to launch the company in 2016."We saw a massive huge opportunity to bridge the gap between business and technology and deliver quality technology … it’s an extremely exciting time seeing the amount of tech start-ups that are solving real problems."Black Beard was launched only a few months before it built Bizank, a robo-advisory platform backed by Anchor Capital. Bizank uses Anchor Capital’s active asset manager to manage its investments. Robo-advisers are automated — typically web or app based — and are associated with lower costs.Over the past two years, Black Beard has added Outsurance, Investec, Discovery and Merchant Capital to its list of clients, and has also started building its own bu...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.