Payment24

An international fuel payment solutions provider. Payment24 develops technology that enables efficient fleet fuel management, reduces fuel fraud and offers a variety of payment options.

Representing Standard Bank as a shareholder in Payment24.

Non Executive Director

Standard Bank Group

Supporting Standard Bank business units to source the best tech solutions and companies which complement their strategy and where appropriate, pursue equity investments. Manage the transaction process; from sourcing, financial analysis, investment approval, due diligence to transaction agreements. Providing hands on portfolio management as well as serving as a non-executive director.

Select role highlights include:
- Setup of a joint venture outside SA, enabling product distribution in new markets. I led the structuring and regulatory approval workstreams of this project.
- Turnaround of a fintech start-up, from no cash reserves to a business pivot and winning clients in new markets.

Senior Manager, Strategic Investments and Alliances 

Through understanding complex technologies changing the financial industry and working closely with executives across Retail and Wealth business segments, executed procurement category strategies to achieve business objectives.

Notable achievement:
Devised an innovative agile contracting model for Standard Bank’s mobile development teams, and showcased at Forrester Research Inc.’s annual Strategic Vendor Management Council EMEA Member Meeting, London.

Senior Sourcing Specialist, Procurement

Effectively negotiated strategic IT outsourced vendor engagements and set up the governance frameworks for supplier and contract management. 

Notable achievement:
Successfully ran and delivered the procurement stream of a major asset restructure. Engaged and influenced multiple stakeholders across South Africa and London, and effectively managed third party delivery against an aggressive project plan.

Sourcing Specialist, Procurement 

[Corporate Investment Banking IT, Global Markets Technology]
By partnering with the Foreign Exchange trading desk, I provided a seamless support function for their trading platform Murex. Responsibilities included reporting, system configuration as well as daily P&L positions.

Murex FX Analyst

Graduate Trainee

TradeSafe Escrow

A secure digital escrow services payment and transaction enablement platform (B2B and B2C).

Representing Standard Bank as a shareholder in TradeSafe Escrow.

Jozi Angels

A Johannesburg-based angel investment network, made up of entrepreneurs, professionals and tech-enthusiasts with a mission to develop and grow the start-up ecosystem through investment in early-stage businesses.

Portfolio: Parent Sense, SweepSouth

Member

Founders Factory Africa

A pan-African venture builder and accelerator. On a mission, together with their corporate investors, to drive economic prosperity across the continent by building thriving African start-ups.

Current portfolio: https://www.foundersfactory.africa/portfolio

Representing Standard Bank as a shareholder in Founders Factory Africa.

Board Observer

Tripplo Software

A software solution automating and optimising operations for the African logistics ecosystem. Tripplo was awarded Fast Company's most innovative company of the year in 2021.

Representing Standard Bank as a shareholder in Tripplo Software.

Corporate Venturing | African start-up investor | Mom

Passionate about the role entrepreneurship plays in impacting peoples' lives and creating economic prosperity. Pratika spends her time scouting, investing in, advising and managing early-stage African businesses. Pratika uses her diverse experience to bring a unique approach to problem solving and consistently delivers high impact results. 

If you would like to speak about these topics - venture capital, entrepreneurship, female-founders, angel investing or African entrepreneurs; please connect.

Core competencies and skills:
- Strategic sourcing
- Establishing and managing start-up/corporate partnerships
- VC portfolio management
- Program and stakeholder management
- Process improvement

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