John Campbell, ex Head of Innovation and Corporate Venture, Standard Bank South Africa, joins Redsand Partners (London) as Associate Partner.

Redsand Partners is extremely proud to announce that John Campbell will join the team to strengthen its corporate venture practice. The announcement will enable Redsand Partners to support full ‘prototype to market-ready’ capability with the support of 3 emerging technology and FinTech labs in South Africa.

According to Nicole Anderson, Managing Partner, Redsand Partners ‘John is a major asset to us. He is hugely respected not only in financial services, but has been a been a major contributor and catalyst in revolutionizing the way in which Telecomms, Tourism and Cinemas operate in South Africa. In addition, he has worked on a variety of solutions for how unbanked individuals have access to financial services and utilise mobile devices for secure and convenient transactions including forex and cryptocurrencies. With John’s support, we will be enhancing our portfolio to support our international reach of clients with proven capability in innovation excellence.

‘In my 9 years, as a director at Standard Bank, I dedicated myself to real market delivery exploring new business models and market opportunities. Before corporate innovation or investing in early stage start-ups or technology was even understood within financial services’, says John.

And his track record is impressive. John has personally developed, launched and invested in a range of market leading solutions and companies including:

· Root — A challenger bank for software developers — www.root.co.za

· EDGE — An Open API PSD compliant platform for banking.

· Purple — A challenger bank for entrepreneurs

· An AI powered transactional chatbot built for a Tier 1 retail bank

· Feenix — A crowd funding platform for students — www.feenix.org

· Shyft — A foreign exchange platform — www.getshyft.co.za

BitX — The first Bitcoin exchange launched in South Africa — www.luno.com

· Snapscan — A mobile payment system initially designed to connect smaller unsophisticated merchants with sophisticated customers, but now widely used by small and large merchants — www.snapscan.co.za

· Instant Money — A very successful remittance business operating on South Africa across retailer and bank channels — www.instantmoney.co.za.

‘Our collaboration with John, will allow Redsand Partners to serve a broad range of corporate innovation and venture needs’, adds Nicole. ‘Not only will we continue to service our emerging technology investment mandates for professional investor clients, but will now also be able to take our due diligence capability into our labs to stress-test potential deal flow and to develop or enhance use-cases for specific corporate innovation needs’.

‘Further, we believe that there is a greater need than ever before for professional investors and institutions to have capability and capacity to prove out solutions and innovation. There have been way too many examples of in-house projects and programs failing due to cost escalation and lack of market readiness or adoption potential. We know what it takes to avoid this and swiftly adapt innovative thinking and design into a market-ready and tested offerings. This we can deliver with speed but without comprising quality and rigour’, says John.

This announcement follows shortly after the partnership announcement between Redsand Partners and Above & Beyond Tech (22nd January 2018) and their FinForward initiative — a Fintech innovation program supported by the Dutch Development Bank (FMO) and dedicated to accelerating the digitization of the financial industry in Africa.

©Redsand Partners is an innovation and venture practice aimed at emerging technologies, virtual and emerging markets offering investment due diligence, venture building and specialised innovation advisory services.

Get in touch at:

www.redsandpartners.com