EXPLAINED - CAPITEC R400M ACQUISITION Capitec Bank has struck a deal to buy South African fintech Walletdoc for R400-million, marking its boldest move yet into the fast-growing world of digital payments. Shoppers and merchants will pay less and settle bills more easily, while

𝗔𝗡𝗢𝗧𝗛𝗘𝗥 𝗙𝗜𝗡𝗧𝗘𝗖𝗛 𝗗𝗘𝗔𝗟 🇿🇦 Capitec Bank has confirmed that it has entered into a binding agreement to acquire Walletdoc Holdings, a fintech founded in 2015. They plan to 𝗮𝗰𝗾𝘂𝗶𝗿𝗲 𝗦𝗼𝘂𝘁𝗵 𝗔𝗳𝗿𝗶𝗰𝗮𝗻 𝗳𝗶𝗻𝘁𝗲𝗰𝗵 𝗪𝗮𝗹𝗹𝗲𝘁𝗱𝗼𝗰 𝗶𝗻 𝗮 𝗥𝟰𝟬𝟬

Capitec Accelerates Payment Innovation by Acquiring Walletdoc https://t.co/lfqXDXtJ5u

Afrique du Sud : la banque Capitec rachète la fintech Walletdoc https://t.co/GUTFpNCnhG

Capitec to buy fintech Walletdoc in R400-million deal https://t.co/sDONLAJtRS

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Nedbank is spending R400 million to buy Walletdoc. I haven’t used this company in a while - used a few years back to pay rates.

Capitec Acquires Walletdoc for $23.5 Million to Expand Digital Payments in South Africa

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