Capitec

Capitec

Banking

Stellenbosch, Western Cape 770,613 followers

Join the bank that believes banking should be simple & transparent so that you can live better.

About us

Capitec is a leading digital bank in South Africa, serving over 20 million retail banking customers. In 2023, we were proud to be named the "Coolest Bank" and have the "Coolest Savings and Investment Platform." Our innovative Global One solution enables seamless transactions, savings, insurance, and credit access for all our clients, regardless of income. With more than 850 branches and 14,000 employees, we are committed to growth and development for both our clients and our team. We are passionate about delivering exceptional service and simplifying banking to enhance our clients' lives. Our commitment to excellence, innovation, and a client-centric approach drives us to continuously redefine the banking experience.

Website
http://www.capitecbank.co.za
Industry
Banking
Company size
10,001+ employees
Headquarters
Stellenbosch, Western Cape
Type
Public Company
Specialties
One solution to your money management

Locations

Employees at Capitec

Updates

  • View organization page for Capitec, graphic

    770,613 followers

    I couldn't agree more Keegan May To our networks if you keen on Developer opportunities at Capitec Carlene Cloete is the connection you need to be networked with! Carlene is our Talent Sourcing Partner for all things Dev! #capiteccareers We smashing innovation..if you know, you know 💡 #betterneverrests

  • View organization page for Capitec, graphic

    770,613 followers

    Our divisional executive, Blessing Mgaga of Client Experience Delivery and his team highlighted the pressing issue of fraud in South Africa and Capitec's commitment to leading change and collaborating to address it. At Capitec, we're at the forefront of innovation, leveraging the latest 2 AWS services significantly enhance the client experience and bolster our fraud prevention efforts across the group. Here's how: ✅Our in-app verification feature assures our clients that it's a verified call from us. ✅We use the latest AI technologies to generate rich realtime contact insights to improve our service. ✅Through upcoming features like charge-free In-App Calling and Right Time to Call. We're putting the power back in the hands of the client and transforming the traditional telephony experience. 

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  • Capitec reposted this

    View profile for Francois Viviers, graphic

    Group Executive @ Capitec Bank | Marketing and CX

    Spotted at Monza today…. Capitec’s innovative new smart card machines are redefining the game with unbeatable performance and prices. Well done to the team that developed our new digital merchant solutions, and the magicians that made this happen! We don't compete to come second!

  • Capitec reposted this

    View profile for Chris Zietsman, graphic

    Product & Payments

    Our Team has built the Capitec Pro and Print card machines for South African SMEs for the past two years. Here's why it's a big deal 👇 💰 Affordability – SMEs will save up to 60% in commission costs by switching from existing providers to Capitec. The most exciting part is that SMEs now pay less for card payments than cash deposits. Commission rates start at 0.85% (debit cards) & 1.85% (credit cards) and go as low as 0.6% (debit cards) & 1.6% (credit cards) for businesses trading over R1m per month. This is eye-watering Tier 1 Retailer commission rate territory... but for SMEs! Did I mention the Pro and Print are on a 50% discount promo price till 30 Nov? 📢 Transparency - We're the only bank that publishes our rates on our website and charges all clients equally. No site visits and calls for special quotes - once your turnover exceeds a turnover threshold of our rate card we'll reduce your rate accordingly. Keep an eye out for our rate card on our website later today. 🛂 Accessibility - Sole Proprietors can buy our card machines at any of our branches and be onboarded in minutes by our Service Consultants. We've also launched an online onboarding capability which allows merchants to onboard any time of day and take delivery of their card machine in 3 days. We're working on more onboarding channels and we'll post updates soon. 💆♂️ Simplicity - Our Product team has taken on the challenge of back-end complexity to achieve front-end simplicity for our clients. We've replaced 90% of our vendor tech with proprietary software that gives us full control of our execution roadmap. This means we can roll out more features to our clients more frequently.

  • Capitec reposted this

    View organization page for Capitec, graphic

    770,613 followers

    View profile for Cindy Saal, graphic

    Lead Talent Acquisition | Retail Operations and Business Support

    Being entrepreneurs are at our core at Capitec. As a side hustle I make and sell earrings and with Capitec launching our new point of sale devices (2 to choose from) at an affordable launching price point (R499 for the Pro and R999 for the print device), I've added a digital payment option for my customers. 1st sale of this device in the Bellville, BSE branch with Zurina Hollenbach and Rene Cloete assisting me. Best of all, the debit card transaction fee is only 1% and I get my money the next day :-)

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  • View organization page for Capitec, graphic

    770,613 followers

    View profile for Cindy Saal, graphic

    Lead Talent Acquisition | Retail Operations and Business Support

    Being entrepreneurs are at our core at Capitec. As a side hustle I make and sell earrings and with Capitec launching our new point of sale devices (2 to choose from) at an affordable launching price point (R499 for the Pro and R999 for the print device), I've added a digital payment option for my customers. 1st sale of this device in the Bellville, BSE branch with Zurina Hollenbach and Rene Cloete assisting me. Best of all, the debit card transaction fee is only 1% and I get my money the next day :-)

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Funding

Capitec 1 total round

Last Round

Post IPO equity
See more info on crunchbase