Steven Kark, co-founder and CEO of Paycorp, recently took centre stage as The Money Show’s Shapeshifter, a captivating segment hosted by esteemed business journalist Bruce Whitfield on Radio 702 and Radio Cape Talk. The interview delved deep into Kark’s transformative journey within the payment industry, tracing Paycorp’s evolution from its inception in 1999 to its current status as a pioneering force in payments.

Kark shared insights into Paycorp’s strategic expansions, including international ventures into Eastern Europe and the UK, navigating challenges posed by the COVID-19 pandemic, and the strategic sale of various Paycorp businesses. He also reflected on lessons learned from private equity involvement, advocating for patient capital and discussing the nuances of private versus public ownership.

“Fascinating tale of the evolution of a really interesting business. They’ve globalised a business with the base, the costs and the engine room still very much is South Africa.” Bruce Whitfield

Link to interview