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Tech Startups News South Africa

10X-e partners with Alphacode

South African Scale Up Specialists, 10X-e, will partner with the country's premier Fintech incubator subsidiary of RMI, Alphacode to support SA's top Fintech's on their path to scale.
10X-e’s founder, Jason Goldberg
10X-e’s founder, Jason Goldberg

This collaboration will initially see five of SA’s highest-profile fintech companies investing two years in Scaling Up using 10X-e’s much-lauded 10X program.

10X-e’s founder, Jason Goldberg, says that this accelerator program helps scale up teams learn and apply the 12 disciplines for rapid and sustainable growth.

“We are delighted to be working with AlphaCode, SA’s premier fintech support brand to help some of SA’s top fintech entrepreneurs scale up,” says Goldberg.

The first five elite fintech businesses selected to join the program are Entersekt, Livestock Wealth, Click2Sure, Invoice Worx and Isazi Consulting.

“Globally leading mobile authentication and security specialists, Entersekt are set to be South Africa’s next ‘unicorn’ while Livestock Wealth is changing the investment landscape by offering the ability to own and manage your livestock via an app from Sandton (or anywhere) - outsourcing all the ‘dirty work’ to their specialist operators. Click2Sure was founded by Dan Guasco – the original founder of what became Groupon SA, and Isazi Consulting is led by one of SA’s leading teams of data scientists and artificial intelligence experts”, Goldberg continues.

Dominique Collett
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  17 Jan 2018

“Another coup for this Cohort is that three of the five businesses are majority black-owned tech ventures, and most certainly earned their place on the program on pure merit terms. We’re really proud to be supporting these globally competitive entrepreneurs”.

Goldberg notes that even for elite entrepreneurs and ventures like these, specialist scale up accelerators like the 10X program can be the difference between scaling and failing.

“There’s no doubt that accelerators specialising in how to scale a business are invaluable for most entrepreneurs at this delicate stage in a business journey. Growth can kill when businesses cross a threshold of complexity not experienced before. Most great entrepreneurs are scaling up a company for the first time. Fortunately, there are defined ‘physics’ for rapid growth; rightly applying the 12 Disciplines of 10X Entrepreneurs - the heart of the 10X Program - you can dramatically increase the rate and sustainability of growth,” he says.

“We are dealing with the ‘crème de la crème’ of South Africa’s entrepreneurs who are experiencing the most extreme growing pains, so the need for guidance from seasoned Scale Up leaders who’ve ‘been there’ is key to both the success of the business and to its contribution to our economy. We look forward to helping these Founders navigate the Bermuda Triangle of growth successfully” Goldberg concludes.

For more, go to https://10xe.co.za

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