Derick Truscott

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Job Title: CFO

Company: Hyphen Technology

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Derick Truscott was appointed as the CFO of Hyphen Technology in 2025 and he first got a taste of the start-up environment when he was in university and has never looked back. Through Stellenbosch University’s accelerator, The LaunchLab, he teamed up with a pair of developers and won a handful of accelerator contests with their prototypes. This experience lit a fire inside him to want to build a career in the start-up world.

At the end of his chartered accountant articles, SnapScan had a financial manager position open and snagging the job was the steppingstone Derick needed. In 2020, he was appointed as the payment company’s CFO.

Work
2025 - present      Chief Financial Officer, Hyphen Technology
2020 – 2025         Chief Financial Officer, SnapScan
2019 – 2020          Financial Manager, SnapScan
2016 – 2019          Audit Article Clerk, Nexia Cape Town
2013 – 2014          Ambitious Entrepreneur, Cuda Innovations

Education
2019                       CA(SA), SAICA
2016 – 2016         CTA Level 2, Accounting and Finance, University of South Africa
2012 – 2016         Bachelor of Accounting, Stellenbosch University

About company: SnapScan is a mobile payments app, providing South Africans with the most convenient way to pay with their phones.

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