WalletDoc to be acquired by Capitec for R400 million

WalletDoc to be acquired by Capitec for R400 million

South Africa’s Competition Commission has recommended that the Competition Tribunal approve Capitec’s proposed R400 million acquisition of fintech provider Walletdoc in full, subject to specific behavioural conditions. Capitec, the country’s largest bank by customer base, first announced its intention to acquire the Johannesburg-based company in December 2025. Read: Cape Town approves the Equinix 170MW data…

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