Capitec’s Tech-First Strategy Drives Impressive H1 Results: $157M in VAS Revenue, 14M App Users
Capitec Bank Holdings Limited, a leading South African financial institution, has released its interim results for the six months ending August 31, 2025, demonstrating the significant impact of technology on its overall performance. The bank reported headline earnings of R8.0 billion ($465.155 million), marking a substantial 26% increase from R6.4 billion ($372.351 million) in the same period last year. This growth was fueled by strong digital adoption and a focus on fintech innovation across various segments, including personal banking, business banking, insurance, and international operations.
Digital Dominance and Value-Added Services
Capitec’s commitment to a technology-driven approach is clearly reflected in its digital metrics. The bank experienced a 17% surge in digital transaction volumes, reaching 1.4 billion compared to 1.2 billion in the previous year. Impressively, the number of digitally active clients climbed to 14.8 million, with its banking app serving a remarkable 13.8 million users. Further highlighting the app’s central role, it now facilitates 93% of all digital transactions, up from 88% in 2024. This increased digital engagement has also translated into significant revenue from value-added services (VAS), reaching $157 million.
Capitec’s H1 results underscore the power of digital transformation in the African banking sector. By prioritizing user-friendly technology and expanding its app’s capabilities, the bank has not only attracted a vast digital client base but also created new revenue streams through value-added services. This strategic focus positions Capitec for continued growth and success in a rapidly evolving financial landscape.
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