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Evolution Group (South Africa)

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Evolution Credit Limited
Evolution Group
FormerlyReal People Investment Holdings Limited
Company typePublic
Founded13 September 1999; 25 years ago (1999-09-13)
HeadquartersRosebank, Johannesburg
South Africa
Key people
Norman Thomson
Chairman
Neil Grobbelaar
Executive director
RevenueDecrease ZAR 839 Million (2019)
Total assetsIncrease ZAR 2 Billion (2019)
Number of employees
1,012 (2019)
WebsiteHomepage

Evolution Credit Limited, previously known as Real People Investment Holdings Limited, is a financial services holding company with its headquarters in Rosebank, South Africa.[1]

Overview

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Evolution Group is a South African-based financial services institution. Its subsidiaries specialise in providing home improvement finance, debt collection services and assurance products. The group has more than 1,000 employees.

History

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Evolution Group was incorporated as Real People Group on 13 September 1999. On 21 August 2013 the company converted into a public limited liability company.

As of 31 March 2019, the group has listed bonds on the NASDAQ OMX Stockholm.[1]

Group Businesses

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The companies that compose the Real People Group include, but are not limited, to the following:

  • DMC Debt Management (Proprietary) Limited – is a South African debt collection company, trading since 2001. The head office is situated in East London, South Africa.[2]
  • Real People Home Finance (Proprietary) Limited - offers loans up to ZAR 120 000 for customers to spend at over 600 participating hardware stores. The head office is situated in Rosebank, South Africa.[3]
  • Real People Assurance Company Limited – provides individual insurance policies. The head office is situated in East London, South Africa.[4]

Governance

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Evolution Group is governed by a six-person board of directors, Norman Thomson as the chairperson and Neil Grobbelaar as the Group CEO.

See also

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References

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  1. ^ a b "Real People Group - Information Memorandum" (PDF). Real People Group. 17 September 2014. Retrieved 28 November 2015.
  2. ^ "DMC | Simple, Fair, Trusted". www.dmc.co.za. Retrieved 17 October 2019.
  3. ^ "Home Improvement Finance Real People | Real People". www.realpeople.co.za. Retrieved 17 October 2019.
  4. ^ "Home". Real People Assure. Retrieved 17 October 2019.