Capitec

We're proud to help build South African communities with Legaro Property Development. They build homes for families to make memories, share stories and grow together. Every brick laid starts a new chapter and you can build with us too. Capitec. The business bank for everyone. Find out more here: https://bit.ly/42umS1f #CapitecBusiness

Diversification of services sees Capitec grow headline earnings by 30% Despite a challenging economic climate, digital bank Capitec, for the financial year ending 28 February 2025, reported a 30% increase in headline earnings to R13.7bn. Full story on Bizcommunity.com here: https://lnkd.in/dwTzTW2t

VAT stays the same, and so do our prices. At Capitec, we keep it simple and transparent.

Capitec, SA’s leading digital bank, has achieved a remarkable milestone, now serving more than half of the country’s adult population. Over the past five years, the bank’s journey has included the introduction of business banking, value-added services (VAS), Capitec Connect, and insurance under its own insurance licence. Read more from Business Day here: https://lnkd.in/dFbmdHBh

At Capitec our DNA is different Today, as we celebrate 30% headline earnings growth, we’re not just sharing numbers, we’re sharing the story behind them. A story of relentless focus on our purpose, simple and clear fundamentals, and a deliberate strategy to diversify and scale over the past 5 years. From personal banking to business, insurance, digital payments and beyond - we’re building more than a bank - we’re building a financial ecosystem for the future. 24 million South Africans can’t be wrong! Are you one of us?

++ Capitec Surpasses 24 Million Clients, Now Serves Half of South Africa’s Adults ++ Capitec, South Africa’s leading digital bank, has achieved a remarkable milestone, now serving more than half of the country’s adult population. Over the past five years, the bank’s journey has included the introduction of business banking, value-added services (VAS), Capitec Connect, and insurance under its own insurance licence. "We have always believed that banking should be simple, affordable, accessible, and personal. These results demonstrate that we are achieving just that. Through our high-volume, low-margin business model, we are enabling everyone to access solutions that allow them to take control of their finances, protect their families, manage businesses, and unlock opportunities. Our purpose-driven strategy is helping us scale sustainably and, most importantly, it is assisting 24 million South Africans to grow every day." – Gerrie Fourie, Chief Executive Officer, Capitec Read More Here: https://lnkd.in/gyA53tZR #techafricanews #africa #southafrica #solutions #opportunities #business #control #sustainably

Capitec is booming! 🚀 Some highlights from our 2025 Annual Results: 🔵 Headline earnings +30% to R13.7BN (2024: R10.6BN) 🔴 Our total number of clients has grown to over 24M (over 55% of the South African adult population) 🔵 More than 54% of our clients use our app at 13M 🔴 11M of these have used our Value-added services over the past year 🔵 Our value-added services and Capitec Connect grew +61% to R4.4BN 🔴 Funeral plan and Life cover income +44% to R1.9BN (2024: 1.3BN) with 3.3M policies and 15 million lives assured 🔵 Business bank has grown to 218k clients with 63 000 active trading merchants, saving our clients R289M through reduced pricing, and with further device pricing and commission rate reductions from May 2025 🔴 Capitec Connect has grown its 6-month active base +74% YoY to 1.6M, with 13.4 petabytes of data used Our recipe for success: Our Capitec culture: our fundamentals - Simplicity, Affordability, Accessibility, Personal Experience, our unwavering commitment to our clients, the energy and inspiration of our teams and our laser focus on execution. Read more here: https://lnkd.in/dQzZD2e6

Capitec is making great strides through its mobile virtual network operator (MVNO). #digitaltransformation #mobile #banking #tech https://lnkd.in/dwayTF7f

Our 2025 financial year reflects more than just numbers. It tells a story about how we’re igniting growth and opportunities for 24 million South Africans. Watch our full results presentation here: https://lnkd.in/dFHGPBCC

South Africa’s Capitec has announced a remarkable 30% increase in annual profits, driven largely by a significant rise in net interest income. According to the bank’s financial results released on Wednesday, headline earnings, South Africa’s preferred profit gauge climbed to 13.7 billion rand (approximately $738.14 million) for the fiscal year ending February 28, up from 10.6 billion rand in the previous year. The strong performance underscores Capitec’s continued growth trajectory, especially as it maintains a firm foothold in the low- to middle-income banking segment. Despite a challenging economic climate and tighter financial conditions, the bank’s customer-centric approach and strong digital presence have played a pivotal role in sustaining growth. Capitec also declared a final dividend of 44.25 rand per share, reaffirming its confidence in long-term shareholder value creation. At an exchange rate of 18.56 rand to the dollar, this equates to roughly $2.38 per share. The bank’s results signal continued resilience in South Africa’s banking sector, and Capitec’s performance is likely to bolster investor confidence amid broader economic uncertainties.