Wise Platform Enters South Africa in Major Partnership with Capitec to Modernise Payments
- Payments Africa, South Africa - 8 May 2026, 12:00

... Wise Platform, Wise's global payments infrastructure for banks and enterprises, today announces a partnership with Capitec, South Africa's largest bank by customer base, to power its international payments offering. Serving over 25 million customers - more than half of South Africa's adult population - Capitec has transformed banking in South Africa through a focus on simplicity, transparency, and affordability. Through ...
Capitec goes hunting in South Africa's R1 trillion hidden economy
- Daily Investor, South Africa - 26 April 2026, 10:00

... Capitec is hoping to attract the entrepreneurs and small businesses operating in South Africa's informal economy, which has an estimated value of R1 trillion. According to Capitec CEO Graham Lee, targeting this market is not as complicated as many may think, as informal businesses often share many of the same needs as those in the formal market. In addition, Capitec ...
13 new Capitec and Standard Bank branches for smart IDs in South Africa
- MyBroadband, South Africa - 23 April 2026, 08:00

... in the Eastern Cape. The bank is targeting 50 branches by the end of April 2026. Like Capitec, Standard Bank has been progressing ahead of its targeted timeline. Standard Bank head of personal and private banking in South Africa, Kabelo Makeke, said the smart ID branches were managing volumes well. "We are well beyond the halfway mark of our target ...
How Capitec is reshaping the business banking sector in South Africa
- Business Report, South Africa - 22 April 2026, 14:00

... and positiion, which was reflected in Capitec's operations. However, over the past six weeks to two months, given the global geopolitical uncertainties, they had seen early signs of shocks to some of the indicators that typically drive inflation in South Africa. In the year ahead, the bank would focus on further organic growth and only consider an acquisition if it ...
Good news for Capitec customers in South Africa
- BusinessTech, South Africa - 22 April 2026, 13:00

... necessary. The CEO said that the previous fee was too low and created opportunities for abuse. Home Affairs argued that the lower fee overwhelmed its systems, resulting in well-known downtime issues. The largest banking network in South Africa Capitec Group CEO Graham Lee Capitec's expansion of Smart ID and passport services is made easier by its expansive branch network that ...
South Africa's Capitec Bank reports 23% rise in FY profit
- CNBC Africa, South Africa - 22 April 2026, 10:00

... JOHANNESBURG, April 22 (Reuters) - South African lender Capitec Bank reported on Wednesday a 23% rise in full-year profit as interest income rose by double digits as its customers borrowed more money. Capitec, with more than 26 million active clients, said its headline earnings, a key profit measure in South Africa, rose to 16.8 billion rand ($1.02 billion) in the ...
Capitec is killing it in South Africa
- BusinessTech, South Africa - 22 April 2026, 09:00

... million and now represent 39% of its active client base, up from 37%. The group added that its client-first approach is grounded in simplicity and accessibility, which could be seen in Capitec starting to offer Smart ID services at its bank branches. Despite having the largest branch network in South Africa, Capitec shunned the initial pilot that allowed Home Affairs ...
Capitec rolling out new branches and ATMs in South Africa
- MyBroadband, South Africa - 22 April 2026, 09:00

... Capitec customers are benefiting from a larger network of branches across South Africa in 2026. While its ATM numbers have declined slightly, it still has substantially more of these devices than other banks. The bank's annual results for the financial year ended 28 February 2026 revealed Capitec increased its branches to 885. Both its ATM and branch networks are set ...
Capitec business banking: Simple, transparent solutions for growing businesses
- The Citizen, South Africa - 26 May 2026, 15:00

... paying. As Francois Viviers, Group Executive: Marketing and Client Experience at Capitec, explains: "At Capitec, we believe that trust is our most valuable asset. Local stars and personalities thrill as Honor 600 series launches in South Africa with flagship-level performance "We know how crucial it is for clients to feel confident in their financial decisions, so we prioritise transparency in ...
Standard Bank overtakes Capitec and FirstRand as Africa's most valuable bank
- Business Insider Africa - 26 May 2026, 10:00

... African banking giants to deliver growth in an unstable global economy. Standard Bank has overtaken Capitec and FirstRand to become Africa's most valuable bank by market capitalisation. The combined value of South Africa's top three banks has now crossed $91 billion, reflecting rising investor confidence in African finance. Standard Bank's rally was driven by stronger earnings guidance, pan-African expansion and ...
Capitec business banking: Simple, transparent solutions for growing businesses
- The Citizen, South Africa - 26 May 2026, 15:00

... paying. As Francois Viviers, Group Executive: Marketing and Client Experience at Capitec, explains: "At Capitec, we believe that trust is our most valuable asset. Local stars and personalities thrill as Honor 600 series launches in South Africa with flagship-level performance "We know how crucial it is for clients to feel confident in their financial decisions, so we prioritise transparency in ...
Standard Bank overtakes Capitec and FirstRand as Africa's most valuable bank
- Business Insider Africa - 26 May 2026, 10:00

... African banking giants to deliver growth in an unstable global economy. Standard Bank has overtaken Capitec and FirstRand to become Africa's most valuable bank by market capitalisation. The combined value of South Africa's top three banks has now crossed $91 billion, reflecting rising investor confidence in African finance. Standard Bank's rally was driven by stronger earnings guidance, pan-African expansion and ...
South African tech giant that doubled investors' money in 5 years gives R500 million gift to shareholders
- Daily Investor, South Africa - 25 May 2026, 10:00

... Altron is among South Africa's largest JSE-listed tech companies, providing solutions to half of the top 100 companies listed on the bourse, including giants like Vodacom, Capitec, and Standard Bank. The company's share price has performed exceptionally well over the past five years, up over 113% since 2021. On Monday, 25 May, Altron released its results for the year ended ...
The former Springbok athlete who runs Capitec's mobile network
- MyBroadband, South Africa - 25 May 2026, 09:00

... Long before starting an illustrious career spanning senior roles at major corporates, Capitec Connect head Dr Dalene Steyn was an avid athlete and wanted to pursue a career in physiotherapy. In a recent interview with RSG Geldsake, Steyn elaborated on her personal and professional journey that led to starting up and leading South Africa's largest mobile virtual network operator (MVNO). ...
Scammers tricking South Africans to hijack computing power
- MyBroadband, South Africa - 25 May 2026, 09:00

... policies," the LinkedIn spokesperson said. "We take proactive action to detect and stop them. We continue to invest in features to help members identify more trusted job opportunities." Online job and investment scams are rife in South Africa. The country's most popular online chat app - WhatsApp - is also exploited by criminals to trick victims. Capitec recently warned that ...
Battle for affluent clients heats up as Investec sets eyes on top earners
- Sunday World, South Africa - 24 May 2026, 18:00

... between R800 000 and R1.5-milion a year as a critical battleground. Capitec, typically focused on mass market, recently revealed a 20% year-on-year increase in the segment driven by added premium benefits, competitive savings rates and transparent forex services without higher fees. Standard Bank also holds a prominent position in South Africa's affluent client segment, operating alongside competitors. The bank services ...
Only two of South Africa's most valuable companies were founded after 1994, and zero since BEE became law
- Daily Investor, South Africa - 21 May 2026, 18:00

... Trust, and Momentum in 1966 in Johannesburg. So, although the new holding company, now known as Momentum Group Limited, was founded in 2010, it is not a new company. The data showed that, using the criteria listed above, South Africa has produced only two companies on the JSE's most valuable list since 1994: OUTsurance and Capitec. OUTsurance was co-founded by ...
Blu Label's new vouchers will bring credit card-like rewards to people who use cash in South Africa
- MyBroadband, South Africa - 21 May 2026, 17:00

... will feel like you're getting a reward - exactly like a credit card," he said. Levy was referring to the rewards programmes offered by many of South Africa's top banks, such as Absa Rewards, Capitec Live Better, Discovery Miles, FNB eBucks, Nedbank Greenbacks, and Standard Bank uCount. "Why doesn't the cash world have that? The cash world should have, that ...
Allan Gray explains investment in Cell C
- Daily Investor, South Africa - 21 May 2026, 15:00

... C's largest MVNO partners include FNB Connect, Capitec Connect, and the more recently launched Old Mutual Connect. "We are now starting to see the growth of the MVNO space in South Africa, with Cell C playing a major role in the wider picture," Munsie said. "It is worth reiterating, though, that in terms of look-through exposure in the Allan Gray ...
ANALYSIS | MTN, Vodacom signal prepaid recovery as SA telecom pressure eases
- Business Day, South Africa - 20 May 2026, 06:00

... Africa's mobile sector. South Africa's largest mobile operators have experienced pressure in their prepaid efforts in recent years as consumers came under strain in the economic downturn. They have also had to deal with increased competition from Telkom, the country's fastest-growing mobile business, as well non-telecom players like Capitec and FNB. In the past, cellphone providers could rely on postpaid ...