{"id":636378,"date":"2026-03-30T10:01:32","date_gmt":"2026-03-30T08:01:32","guid":{"rendered":"https:\/\/mybroadband.co.za\/news\/?p=636378"},"modified":"2026-03-30T10:04:18","modified_gmt":"2026-03-30T08:04:18","slug":"the-a-team-backing-many-top-south-african-tech-and-finance-companies","status":"publish","type":"post","link":"https:\/\/mybroadband.co.za\/news\/investing\/636378-the-a-team-backing-many-top-south-african-tech-and-finance-companies.html","title":{"rendered":"The A-team backing many top South African tech and finance companies"},"content":{"rendered":"\n<p>Chronos Capital, founded by Michael Jordaan, Willem Roos, Nic Kohler, and Roger Grobler, is backing many top South African tech and finance companies.<\/p>\n\n\n\n<p>Chronos Capital\u2019s mission is to back strong management teams of companies which build transformative companies.<\/p>\n\n\n\n<p>\u201cWe invest in businesses that harness the power of artificial intelligence to shape industries, solve meaningful problems, and create lasting value,\u201d it states.<\/p>\n\n\n\n<p>It specifically seeks businesses that gain outsized advantages from data-driven decision-making and advanced technology.<\/p>\n\n\n\n<p>The companies it has backed to date include many well-known South African technology and finance names.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Rain<\/strong> is a growing South African mobile operator which has built the largest 5G network in South Africa.<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Tyme<\/strong> is a fully licensed hybrid digital bank, operating in South Africa and the Philippines.<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Optasia<\/strong>, previously known as Channel VAS, is the world leader in the provision of airtime and data credit.<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Vertice MedTech<\/strong> pursues a buy-and-build strategy and has completed 12 acquisitions since its establishment by Ethos and the AI Fund in 2018.<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>OfferZen<\/strong> is a tech talent marketplace that connects developers with job opportunities across Africa and Europe.<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Peak Partners<\/strong> is a Switzerland-based investment firm focused on early-stage venture capital and private equity opportunities.<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Atlax360<\/strong> is a B2B risk management and credit intelligence platform.<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>MGT<\/strong> was founded to make insurance simpler, smarter, and better for small businesses.<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Crossfin<\/strong> backs innovative companies that focus on solving pain points not adequately addressed by existing products.<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Two Three Bird<\/strong> is pioneering the global cycling insurance sector.<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Insure AG<\/strong> is a farmer-first crop insurance solution.<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Drive.co.za<\/strong> specializes in providing a car subscription service, operating as a long-term car rental alternative in South Africa.<\/li>\n<\/ul>\n\n\n\n<p>\u201cThese businesses are reshaping industries by using technology to enable new business models in significant markets,\u201d Chronos Capital said.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">The A-team behind Chronos Capital<\/h2>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1200\" height=\"512\" src=\"https:\/\/mybroadband.co.za\/news\/wp-content\/uploads\/2026\/03\/Team-1200x512.jpg\" alt=\"\" class=\"wp-image-636389\" srcset=\"https:\/\/mybroadband.co.za\/news\/wp-content\/uploads\/2026\/03\/Team-1200x512.jpg 1200w, https:\/\/mybroadband.co.za\/news\/wp-content\/uploads\/2026\/03\/Team-600x256.jpg 600w, https:\/\/mybroadband.co.za\/news\/wp-content\/uploads\/2026\/03\/Team-768x328.jpg 768w, https:\/\/mybroadband.co.za\/news\/wp-content\/uploads\/2026\/03\/Team-1536x656.jpg 1536w, https:\/\/mybroadband.co.za\/news\/wp-content\/uploads\/2026\/03\/Team-2048x875.jpg 2048w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/figure>\n\n\n\n<p>Chronos Capital was founded by four top business executives, Nic Kohler, Willem Roos, Michael Jordaan, and Roger Grobler.<\/p>\n\n\n\n<p>Kohler, Roos, Jordaan, and Grobler have worked together in various capacities and have been investing as a team since 2016.<\/p>\n\n\n\n<p>They are all successful entrepreneurs with a history of excellence in technology and finance. Michael Jordaan is a well-known South African banking executive, entrepreneur, and venture capitalist.<\/p>\n\n\n\n<p>He served as FNB CEO and is behind many top tech and financial companies through his investment vehicle, Montegray Capital.<\/p>\n\n\n\n<p>His portfolio includes Rain, Bank Zero, Valr, Purple Group, Clickatell, On Opennetworks, Snapplify, and Brightblack Energy.<\/p>\n\n\n\n<p>Willem Roos founded OUTsurance and served as the insurance giant\u2019s chief executive for two decades.<\/p>\n\n\n\n<p>After stepping down as OUTsurance CEO, he served as Rain CEO, under which the mobile operator showed exceptional growth.<\/p>\n\n\n\n<p>Roger Grobler is the founder and former chief executive of Real Insurance in Australia and Quantium India.<\/p>\n\n\n\n<p>Nic Kohler is the former group CEO of The Hollard Insurance Group, a privately owned insurance group based in South Africa.<\/p>\n\n\n\n<p>\u201cWe are entrepreneurs and operators at heart. Collectively, we\u2019ve been CEOs, founders, and leaders of both startups and large-scale businesses,\u201d they said.<\/p>\n\n\n\n<p>\u201cThis hands-on experience enables us to work closely with the management teams of the companies we back.\u201d<\/p>\n\n\n\n<p>They explained that they understand the challenges of building and scaling businesses and bring that perspective to every investment.<\/p>\n\n\n\n<p>\u201cAt Chronos Capital, we believe in active partnership, working with and supporting the teams at our portfolio companies,\u201d they said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Chronos Capital, founded by Michael Jordaan, Willem Roos, Nic Kohler, and Roger Grobler, is backing many top South African tech and finance companies.<\/p>\n","protected":false},"author":23,"featured_media":636387,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[80335],"tags":[101795,6204,85117,41209,101791,104069,43716,85119,46341,46832],"class_list":["post-636378","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investing","tag-chronos-capital","tag-michael-jordaan","tag-nic-kohler","tag-offerzen","tag-optasia","tag-peak-partners","tag-rain","tag-roger-grobler","tag-tyme","tag-willem-roos"],"_links":{"self":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/636378"}],"collection":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/users\/23"}],"replies":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/comments?post=636378"}],"version-history":[{"count":3,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/636378\/revisions"}],"predecessor-version":[{"id":636540,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/636378\/revisions\/636540"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/media\/636387"}],"wp:attachment":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/media?parent=636378"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/categories?post=636378"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/tags?post=636378"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}