Johannesburg - South African entrepreneur Dov Girnun has made it onto the Endeavor Global Network, becoming one of 34 entrepreneurs invited to join the network this year.
Endeavor selected entrepreneurs representing 23 companies from 15 countries at its 60th International Selection Panel. It now supports 1 136 entrepreneurs from 717 companies in 23 emerging and growth market countries around the world.
Girnun is founder and CEO of Merchant Capital and previously co-founded UK-based Money in Advance.
Merchant Capital addresses South Africa’s growing SME financing gap through unsecured working capital loans made within 24-48 hours in exchange for a fixed percentage of future card sales.
It was formed in 2012 in response to the high failure rate caused by lack of funding, and Girnun’s personal experience.