Hyphen Technology (Pty) Limited
Derick Truscott is the Chief Financial Officer at Hyphen Technology (Pty) Limited since January 2025, bringing extensive experience from previous roles, including Interim Chief Executive Officer at SnapScan from February 2019 to January 2025, where contributions included corporate restructuring and strategic execution. As Chief Financial Officer at SnapScan, responsibilities encompassed capital raising, acquisitions, and setting financial success metrics. Early career experience includes Financial Manager roles focused on financial statements and accounts processing, as well as an Audit Article Clerk at Nexia Cape Town. Derick Truscott also founded Cuda Innovations, recognized for developing the award-winning mobile app "Blimp." Educational qualifications include a Bachelor of Accounting from Stellenbosch University and CTA Level 2 in Accounting and Finance from the University of South Africa.
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Hyphen Technology (Pty) Limited
Hyphen Technology (Pty) Limited is a Financial Technology Service Provider Fintech which specialises in the provision of advanced payment, receipting, reconciliation and cash flow administration solutions to medium and large sized companies. We have a proud track record boasting many years of experience in our field, numerous industry first innovations, an impressive Client base comprising many of the top corporate brands in South Africa and parts of Africa. Hyphen PDA (Payments Distribution Agency), which is one of our divisions, is the largest PDA and widely regarded as the leading PDA in South Africa with numerous industry accolades. Hyphen’s success is achieved by blending good people with deep industry knowledge, leveraging technology and fostering a culture of unwavering commitment to exceptional service. Hyphen Technology is a subsidiary of FirstRand Investment Holdings Limited which is a separate ownership structure to that of FirstRand Bank. Our core business is centred around the provision of an enterprise enabling financial management platform capable of consolidating, simplifying and optimising our Clients’ financial processes and infrastructure whilst encapsulating a value added technology ecosystem encompassing existing banking services across multiple institutions and complementary value added Third party services.