Capitec Bank has seen huge growth as measured in the last six months ending in August 2022.
A 13% increase in customer base giving the bank some 19 million active users.
Capitec is moving towards being an all-around financial services company as it optimises its financial services and payment systems. The bank has been venturing into insurance, telecommunications, and business banking and this is fueling the changes to come.
“We build our bank around our client’s needs at an affordable cost – not around how other banks are doing business,”Capitec CEO Gerrie Fourie
Among the changes to be rolled out, increased lending will be prominent.
To read the full article and learn about all the changes Capitec is rolling out, visit BusinessTech: ‘3 big changes Capitec customers can expect in the coming months’.