Capitec Bank is one of South Africa’s most recognizable brands, the largest retail bank with more than 15 million active clients.
They are known to focus on providing accessible and low cost banking services to clients via the innovative use of technology, in a manner that is convenient, simplified, and personalized.
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According to stats from the bank, as many as 180 000 hundred new clients are recorded every month. Judging by the numbers, its clear that Capitec is the most loved banking company in the country.
But how did the company start? what’s the story behind it? how big are they? And what are some lesser known facts about Capitec?
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In this video, we’ll take a look at how Capitec became the largest retail bank in South Africa in an industry filled with big players of over 100 years, and accumulate a market capitalization of over R162 billion.
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