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Announcing Byte Orbit Ventures & the New MD of Byte Orbit

03 November 2022 •

By: Byte Orbit Expertise

Here at Byte Orbit, innovation is one of our core values and an inherent part of our DNA. We recently announced the launch of a new department at Byte Orbit, called Byte Orbit Ventures, where we will create our own products and invest in our own Intellectual Property (IP).

With 19 years’ experience and an incredible team of talented individuals with various skill sets, we have never been in a better position to make this department a success.

What is BO Ventures?

Byte Orbit Ventures will be tasked with coming up with ideas/products that will be built into businesses. While Byte Orbit has mainly focussed on FinTech in the past, this department will explore a variety of industries.

Martin Ras Heads Up Byte Orbit Ventures

To take Byte Orbit Ventures to great heights, our former MD, Martin Ras, will head up the department. Martin’s history of driving concepts to reality and making a commercial success of it is testament to why he is perfectly suited for the job.

Martin started his career in the creative and retail industry, which spiked his interest in pursuing his entrepreneurial calling. His first financial tech startup, Ching Payments, led him to cross paths with Byte Orbit as a tech partner.

Starting out part-time, Martin had a keen interest in the technologies Byte Orbit was pursuing and met his match in Amit Ramdath, the founder of Byte Orbit, who is an entrepreneur himself. They set off on different business ventures, including start-ups and building up the current client base. To back his practical skill set, he went through a few theoretical exercises and currently holds a Diploma in Marketing and an MBA.

The synergies that were formed with Byte Orbit meant that he would transition into the role of MD. His vision and strategy for the company led it to great growth, which included the expansion of the service offering to clients, growing a cross-functional team, and establishing an industry-revered culture.

Martin Ras, head of Byte Orbit Ventures.

His keen interest in building financial solutions ultimately resulted in revenue growth for Byte Orbit. With his strategy and vision, the company has grown year-on-year.

After a decade with Byte Orbit, he is embarking on the next chapter of his journey: Byte Orbit Ventures. With Martin at the lead, the aim is to capitalise on business learnings and experience, own IP, and build new avenues of growth for the company.

Greg van Eden Becomes Managing Director of Byte Orbit

Byte Orbit’s vision remains, which is to grow our partner base. This task needs a leader with precision, focus, execution experience, and tenacity. There is no better person than the former CFO, Greg van Eden. Greg has, after a considered handover process, stepped into the Managing Director role for Byte Orbit.

Greg studied at UCT, where he did a Bachelor of Business Science in Finance, with Accounting, followed by a Post-Graduate Diploma in Accounting. He then went on to do his articles at Deloitte in Cape Town, in their Financial Institutions Services Team. During his time, he was also seconded to the Risk Advisory department, where he conducted forensic audits on behalf of the SA Reserve Bank.

As a newly minted CA(SA), he went to work at the PSG Konsult head office directly for the C-Suite, where he took part in special projects and reporting, including a short stint of due diligence work in the United Kingdom. Working for these massive companies left him wanting to be able to build something himself. The opportunity came to work at Byte Orbit, a place where one's destiny really can be in their own hands, and he has not looked back since.

Greg van Eden, MD of Byte Orbit

“I am thrilled to have been trusted with the massive honour of leading Byte Orbit into the next phase of its life. What Martin and Amit Ramdath, our CEO, have built is nothing short of spectacular, and I look forward to taking the company to new heights. Furthermore, I am excited for Martin as he looks to explore the world of product for us, and to repeat in our Ventures the success he has had with Byte Orbit itself. This is as much a new chapter for Byte Orbit as it is for me, and I am so very pleased to have each and every Orbiter alongside me for the journey.” - Greg van Eden

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03 November 2022
By: Byte Orbit

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