New logistics start-up Tripplo named Fast Company SA’s most innovative company for 2021

SPONSORED | In 2018, Standard Bank entered a five-year strategic partnership with tech start-up accelerator FFA to develop home-grown African start-ups

2021-06-18 11:35:00 AM

SPONSORED | In 2018 StandardBankZA entered a five-year strategic partnership with tech start-up accelerator Founders Factory Africa to develop home-grown African start-ups.

SPONSORED | In 2018, Standard Bank entered a five-year strategic partnership with tech start-up accelerator FFA to develop home-grown African start-ups

11 June 2021 - 15:00SponsoredTripplo has built a platform that incorporates multiple application programme interface integrations across Standard Bank’s financial services products.Image:Supplied/Standard BankTripplo, a Founders Factory Africa (FFA) venture, has been named by Fast Company SA as the country’s most innovative company for 2021. The business, which is only in its third year of existence, went up against well-known brands that were also nominated and made it to the

Prisons overcrowded after looting arrests WATCH | 'Reapply for social grants' - Lindiwe Zulu Certain journalists are playing politics, says EFF’s Malema | Citypress

list of top 25most innovative for 2021.Since 2008, Fast Company’s Most Innovative Companies has been the definitive source for recognising the organisations transforming industries and shaping societies. In 2018, Standard Bank entered a five-year strategic partnership with tech start-up accelerator FFA to develop home-grown African start-ups. Tripplo was borne out of the incubator programme in 2019 to create a new standard for African road freight logistics by reimagining the movement of cargo in a safe and efficient manner. 

Intra-Africa trade remains low in comparison to its global counterparts due to poor transport infrastructure and the considerable amount of time and costs to move across borders, despite the African Free Trade Continental Area.In recognition of the challenges facing the logistics sector, Standard Bank and FFA provided the support to develop the Tripplo concept into a business. Now, Tripplo provides a digital logistics platform that facilitates the movement of road freight cargo across the SA development community by optimising and automating operations for small transporters. headtopics.com

“As one of the first businesses to be developed out of our partnership with FFA, which started simply as a one-pager concept, we could not be more pleased with Tripplo’s recent recognition by Fast Company,” says Derick De Vries, head fleet management, at Standard Bank. “This young business has grown in the pandemic environment, which, in the initial stages, weighed heavily on the transport and logistics sector, and proved that its capabilities are on par with the best and biggest in the country.”

When SA entered a nationwide lockdown in March last year, Tripplo’s operations were reduced to the bare minimum. “The business was forced to pivot during this time, and Standard Bankcollaborated with Tripplo to provide expertise and knowledge by enabling access to key stakeholders internally. Further, several product integrations were secured across Standard Bank which are now offered through the Tripplo platform.”

Tripplo has built a platform that incorporates multiple application programme interface integrations across Standard Bank’s financial services products. This includes FX eMarket Trader, Instant Money, Goods in Transit through Standard Bank insurance and Telematics Device Referral with Standard Bank fleet. 

Tripplo’s robust architecture allows other complementary businesses to easily integrate into and offer its solutions to customers on the platform. This is in line with Standard Bank’s broader strategy of becoming a platform organisation.Says Victor Chaitezvi of Tripplo: “This recognition could not have been achieved without the support of Standard Bank, who has enabled the growth of our business by positioning us as partners.  headtopics.com

Calata’s last stand for the Cradock Four | Citypress There was never an insurrection in SA, govt is lying, says Malema Property tycoon Mike Nkuna determined to have Soweto malls operating within two months | Citypress

We are excited about how our technology innovation in the logistics sphere will create impact on the African continent.” Tripplo plans to use its recent fundraising from Digital Africa Ventures, a SA-based venture capital firm to increase its market share, focus on SADC expansion, expand customer value proposition and services, and prepare for a Series A fund raise.

Read more: Times LIVE »

LIVE UPDATES: #ProtectSouthAfrica – Call to unite, resist attempts to incite violence, create panic

The government has called on all South Africans to unite in creating a better future for all by resisting any attempts to incite violence, create panic or fuel divisions after days of looting and violence. The number of soldiers deployed in KZN and Gauteng has been pushed up to 25 000, and all SANDF reserve members were ordered to report to their units this morning.

Ex-employees take Greyhound to court over ‘unfair dismissal’Employees of bus company Greyhound have approached the labour court in Johannesburg challenging the company for allegedly dismissing them without following proper processes. IsaacPat IsaacPat You change my life out of debt I Don't think I could tell you how much you mean to me. I will keep telling people about your good work in my life .. JAmSRcharD

Why you can expect car price hikes in 2021 despite stronger randMotor companies are quick to hike new-car prices in response to a weakened rand, but are less eager to pass on savings to consumers when the currency strengthens.

STREET DOGS: The rise and fall of Zilch’s earningsCooking the books is common practice among today’s companies

STEPHEN CRANSTON: A look at how to navigate the 12J switch-offPossible pre-deadline investors should weigh up various factors, and have confidence in company fundamentals

EDITORIAL: SA risks being left behind as the world turns greenThe country’s lack of ambition in emission targets leaves citizens and companies vulnerable everyone keeps on talking about your diligence and honesty I must say that you are the best, thank you for transforming my life for the better financially JAmSRcharD Seems like a CNEE (Carbon Neutral Economic Empowerment). Trevor joked when he said the world goes one way, SA takes the dubble up.

WATCH: Access Bank launches SA offeringAccess Bank SA MD Bennie van Rooy talks to Business Day TV about the launch of the new retail bank in SA I just want to say thank you to JAmSRcharD I was nobody in the pass until a friend of mine introduced me to you I never thought I could make money online but it's clearly real thanks you