Through his company BenX, he leverages technology to provide financial services to the South African population. BenX helps clients save money and improve their credit scores, enabling them to access affordable loans.
Sean Rossouw (photo) is a South African financial expert and entrepreneur, serving as the founder and CEO of BenX, a fintech startup dedicated to boosting financial inclusion in Africa.
Established in 2019, BenX aims to simplify access to affordable loans and facilitate savings. Its flagship product, CreditBuilder, helps underbanked users improve their credit scores to obtain loans. "CreditBuilder, our signature product, provides customers with a simple and affordable product improve their Credit Score while building an Emergency Savings Fund at the same time," states the company's platform.
BenX leverages a network of registered loan and credit providers to advise clients on loan applications and credit facilities based on their credit scores. To date, more than 100,000 clients have benefited from BenX’s services, with the number continually growing.
Sean Rossouw also co-founded and serves as director of Core Fund Administrators, a company founded in 2009 that provides fund administration services for unclaimed benefit funds within financial institutions. As of January 2023, assets under administration exceeded $23 million, and membership surpassed 23,000.
Before launching these ventures, Sean Rossouw co-founded Kwikpay in 1998, an electronic payment gateway where he served as CEO for over two years. In 2000, he co-founded I-Digital Africa, specializing in online data services for employment and vehicle verification, where he was managing director until 2003. The following year, he founded The Data Factory, a business process outsourcing company focused on early withdrawal services for the retirement finance industry, serving as CEO until 2009.
He holds a bachelor’s degree in finance from the University of Cape Town, earned in 1987. The following year, he joined EY as an audit manager, a position he held until 1991. From 2003 to 2005, he was managing director of LexisNexis Risk Solutions, a data management company.
Melchior Koba
