Tag: derek cikes

The innovation behind SA’s Solidarity Fund

South Africa’s Solidarity Fund, set up to support the coronavirus response, has raised around R2.7 billion in commitments. The infrastructure behind the fund allows donations to be made over instalments, giving individuals and companies flexibility in funding the fight against the pandemic. For more on the technology behind the Solidarity Fund, CNBC Africa spoke with Derek Cikes, Co-Founder & Commercial Officer at Payflex.