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Capitec

Capitec is a South African retail bank headquartered in Stellenbosch, Western Cape. The bank operates primarily in South Africa, offering simplified banking products and services to individual customers and small businesses. Capitec is listed on the Johannesburg Stock Exchange and has grown to become one of the country's largest retail banks by client numbers. The bank's core offerings include transactional accounts, savings products, credit facilities, funeral cover and mobile banking services. Capitec has positioned itself as a low-cost, technology-driven alternative to traditional banks, with a focus on accessibility and transparent fee structures. The bank operates an extensive branch network across South Africa and has invested heavily in digital banking platforms. Capitec's business model emphasises high-volume, low-margin retail banking, targeting middle- and lower-income customers. The bank has consistently reported strong growth in client numbers and profitability, challenging the market dominance of South Africa's traditional big four banks. Capitec was founded in 2001 and has since expanded to serve millions of clients, becoming a significant player in South Africa's financial services sector.

Capitec Updates


SA mobile market shake-up accelerates as challengers close in on bigger rivals
15th May 2026 By: Natasha Odendaal

South Africa’s mobile market is undergoing a structural shift as challenger operators start to capture high-value subscribers from market leaders. According to Opensignal’s latest subscriber... 


South Africa’s telco landscape undergoing quality-led shift
30th April 2026 By: Natasha Odendaal

South Africa’s mobile market is undergoing a structural shift, as challenger operators start to capture high-value subscribers from market leaders. According to Opensignal’s latest subscriber... 


Michael Berner, head of South and East Africa at Visa
Michael Berner
10th April 2026 By: Creamer Media Reporter

This week we profile Michael Berner, head of South and East Africa at Visa, a global payments technology company  


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