When was Capitec Bank founded?

Capitec Bank was founded in 2001 and raised its 1st funding round 8 years after it was founded.

Where is Capitec Bank located?

Capitec Bank is headquartered in Stellenbosch, South Africa.

How many employees does Capitec Bank have?

As of May 31, 2026, the latest employee count at Capitec Bank is 22400.

Is Capitec Bank a funded company?

Capitec Bank is a funded company, having raised a total of $***** in its 1st and only funding round, a Post IPO round on 2009.

When was the latest funding round of Capitec Bank?

Capitec Bank's latest funding was a $***** Post IPO round on 2009, with participation from 1 investor.

Where does Capitec Bank rank among its competitors?

Capitec Bank ranks 14th amongst 466 active competitors, of which 9 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Bank of America, which secured $34.9M in Apr, 2025.

Who are the top competitors of Capitec Bank?

Capitec Bank's top competitors include Standard Chartered, Barclays and Bank of America. Among them, Bank of America secured the most recent funding round in April, 2025.

Capitec Bank - 2026 Company Profile, Team, Funding & Competitors

Capitec Bank is a public company based in Stellenbosch (South Africa), founded in 2001. It operates as a Commercial Bank. Capitec Bank has raised an undisclosed amount in funding. The company has 466 active competitors, including 9 funded and 48 that have exited. Its top competitors include companies like Standard Chartered, Barclays and Bank of America.

Company Details

Website: www.capitecbank.co.za/
Social
Email ID: *****@capitecbank.co.za
Phone Number: +27 **********

Key Metrics

Founded Year

2001

Location

Stellenbosch, South Africa

Stage

Public

Latest Funding Round

Post IPO, 2009, $*****

Investors

PSG Group & 1 more

Ranked

14^th among 466 active competitors

Employee Count

22,400 as on May 31, 2026

Investment & Acquisitions

Walletdoc & 6 more

Similar Companies

BMO & 19918 more

Exit Details

Public

View Capitec Bank's full profile

Capitec Bank got listed on Feb 18, 2002.

Click here to take a look at Capitec Bank's IPO in detail

Capitec Bank has raised funding over 1 round. Its latest funding round was a Post IPO round on 2009 for $*****. 1 investor participated in its latest round. Capitec Bank has 2 institutional investors.

Here is the list of recent funding rounds of Capitec Bank:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
2009	4288	Post IPO	8107	2455	2636	5319

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View details of Capitec Bank's funding rounds and investors

Capitec Bank's employee count trend

Capitec Bank has 22,400 employees as of May 26. Here is Capitec Bank's employee count trend over the years:

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Top competitors of Capitec Bank include Standard Chartered, Barclays and Bank of America. Here is the list of Top 10 competitors of Capitec Bank, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Standard Chartered 1853, London (United Kingdom), Public	Provider of corporate, investment, wealth, and retail banking services	-	Temasek, British International Investment ... & 1 others	80/100
2nd	Barclays 1690, London (United Kingdom), Public	Diversified financial services firm	-	Point Financial, Qatar Investment Authority ... & 5 others	78/100
3rd	Bank of America 1998, Charlotte (United States), Public	Commercial bank and asset management firm	-	Berkshire Hathaway, Black Capital Investments ... & 5 others	78/100
4th	Scotiabank 1832, Toronto (Canada), Public	Commercial bank	-	Seaside Private Capital, Colpatria	75/100
5th	HSBC 1865, London (United Kingdom), Public	Provider of financial services including banking, investment, and wealth management	-	Annuit Coeptis Investments, Ping An & 2 others	74/100
6th	Virgin Money 1995, Newcastle Upon Tyne (United Kingdom), Acquired	Chains providing banking services including current accounts savings and mortgages	$152M	Invesco, BCR & 1 others	73/100
7th	SVB 1983, Santa Clara (United States), Acquired	Provider of services to the innovation economy, including individuals, investors, and innovative companies	-	Tigerlabs, Madica	73/100
8th	Lloyds Bank 1765, London (United Kingdom), Public	Commercial bank	-	Annuit Coeptis Investments, Venezia Capital ... & 2 others	70/100
9th	NatWest 1968, London (United Kingdom), Public	Provider of personal and business banking, loans, mortgages, and investment services	-	-	70/100
10th	Old Mutual 1845, Johannesburg (South Africa), Public	Diversified financial institution	-	Lone Bull Group, Tech Emerge & 3 others	69/100
14th	Capitec Bank 2001, Stellenbosch (South Africa), Public	Commercial Bank	-	PSG Group, Norfund	67/100

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Capitec Bank has made 4 investments in companies including Creamfinance and AvaFin. Capitec Bank has also acquired 3 companies including Walletdoc and AvaFin.

Here is the list of investments & acquisitions:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Dec 08, 2025	Acquisition	Walletdoc	2015	Johannesburg (South Africa)
Mar 12, 2024	Acquisition	AvaFin	2012	Limassol (Cyprus)
Sep 27, 2018	Acquisition	Mercantile Bank	1965	Johannesburg (South Africa)