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All posts tagged "22seven"

  • Running a lean startup? Here are 9 free tools that could help

    Some entrepreneurs don't have a choice when launching a lean or bootstrapped startup. They may struggle to find financing, but wish to still proceed with their business plan. Whatever the business, outfitting a company can be an expensive undertaking. Office tools can consist of applications, finance, website, and other items -- all of which will help you focus on working on your business model. These nine free online tools can help you achieve a slimmer startup and reduce initial costs. Some of them may require financial input once your usage expands, but most still give away a substantial amount of functionality. Office...

  • 22seven now officially free for everyone

    Yup, you heard right. Money management platform 22seven is now free, according to an email from founder Christo Davel. The move to take the platform free will start today. "We’ll no longer charge a subscription fee for the current service," the email to users reads. The platform has been slowly moving toward making the service free since its inception. Previously users were charged R70 a month to access its money management system but this was later reduced to R25. "We’re doing this because we have great plans," Davel adds in the mail. According to Davel, 22seven is great at helping people manage their...

  • 22seven’s new Android app expresses mobile’s importance in its future

    Money management apps have proven popular since the advent of the app store. Some are simple daily budgeting assistants while others are more comprehensive, linking your existing bank accounts, credit and store cards together, so that you can monitor, and ultimately manage your money better. In the latter camp of more comprehensive apps, something like Mint comes to mind, an American-based app that pulls information from your bank accounts, and now has more than three million users. Mint though, only works in the US, and that's where South African-based 22seven found its niche. Functioning as a subscription-based online money management service...

  • Financial app 22seven gets a makeover, slashes subscription fees

    Personal financial management service 22seven has been given a revamp, with its subscription rates slashed. The company, bought by Old Mutual back in January, cut its subscription fees from R60 a month to R25 a month. While some might see that as a sign of desperation, the company insists that this is not the case and that it's simply looking to carry on in its evolution. In Facebook post, the service also reavealed that loans and investments from companies like Allan Gray can now be added to 22seven alongside your bank, card and store accounts. The reduced cost and...

  • 22seven gets ‘more nimble’ with new update

    Online personal finance management service 22seven has received a massive update that, according to the company, makes it "more nimble and adds some of the things customers have been asking for". With the updates, you can: Categorise your transactions differently: When you click on a transaction all of its details will pop up on a card. 22seven claims it's an easier way to "put transactions in their place". Split your transactions: This...

  • 30 brilliant African tech startups

    The methodology behind this list of startups had two simple directives. First, the startup had to have African roots and secondly it had to be brilliant. More specifically, we were looking for that type of brilliance that exudes intelligence, talent, quality or simply, something fresh. Of course brilliance, like most things in life, is subjective, so we went into this journey with an open mind. Tabula rasa if you will and we hoped to recognise brilliance when we saw it. We did, over and over again. Why did we focus on Africa? The continent’s one-billion people are coming online and 600-million...

  • FNB becomes first bank to add official support for 22Seven

    At least one major South African bank appears to have changed its tune on financial management app 22Seven. First National bank (FNB) has issued a press release claiming that it will "allow access to 22Seven". The bank claims that it made the decision as part of an "ongoing attempt to create simple and convenient solutions for its customers". "FNB has set a precedence of responding to our customer's needs with innovative products and services. We are now providing a secure means to engage with 22Seven in response to our customers’ need to learn more about their financial behavior,”...

  • 22seven, the gamification of personal finances

    The well-known founder of the pioneering online bank 20Twenty Christo Davel is hitting the market with a new startup, also in the financial management space. 20Twenty was an acclaimed South African online banking platform and an acknowledged leader for its time, but eventually went under when its bricks-and-mortar backing bank, Saambou, collapsed. 20Twenty was later sold to Standard Chartered for a cool US$10-million and closed. The new venture, the similarly-named 22Seven, is billed as an “intelligent money saving tool” that plugs directly and securely into your personal bank accounts and then delivers analysis on your spending habits. And this is what...