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Capitec Bank Expands International Footprint with Avafin Acquisition

12 Mar 2024 (Johannesburg Stock Exchange) Capitec Bank Holdings Limited has announced the acquisition of a controlling interest in Avafin Holding Limited, an international online consumer lending ...
Bloomberg L.P.

Capitec’s Profit Jumps to Record as It Adds More Customers

Capitec Bank Holdings Ltd. reported record first-half earnings as interest and investment income at South Africa’s biggest lender by customers jumped. Profit attributable to shareholders climbed 24% ...
Htxt.Africa

SPEEDRUN – Capitec’s latest major acquisition

Capitec Bank has revealed plans to acquire South African fintech firm Walletdoc in a transaction that could reach R400 million. The deal will see Capitec fully acquire Walletdoc Holdings as part of a ...
Reuters

South African lender Capitec says worst over in bad loans, shares up 9%

JOHANNESBURG, Sept 28 (Reuters) - South Africa's Capitec Bank (CPIJ.J), opens new tab said on Thursday the lender had seen the worst of the impacts of high inflation and elevated interest rates that ...
Times LIVE

Capitec and FirstRand near R500bn valuation in banking race

The market value of SA’s two most valuable lenders, FirstRand and Capitec, is fast approaching the R500bn mark each as competition in the sector heats up, fuelled by fintech and value-added services.