Recommended Free Tools
iTechGuides is reader-supported. When you buy through links on our site, we may earn an affiliate commission. As an Amazon Associate I earn from qualifying purchases. Learn more
Capitec’s latest interim results show that Fintech and Insurance together accounted for 56% of group headline earnings, while net non-interest income reached 70% of income from operations after credit impairments. The figures point to a larger role for businesses beyond traditional banking—but they are Capitec’s own segment allocations, not proof that those businesses can grow independently of its banking platform.
How much of Capitec’s growth comes from beyond traditional banking?
For the six months ended 31 August 2026, Capitec reported headline earnings of R9.5 billion, up 19% year on year. Net non-interest income rose 21% year on year to R16.1 billion and made up 70% of income from operations after credit impairments, compared with 65% in the same period a year earlier. These are company-reported figures in Capitec’s 30 September 2026 interim-results announcement.
Capitec allocated 29% of group headline earnings to Fintech and 27% to Insurance for the interim period. Personal Banking contributed 37% and Business Banking 6%. That puts the combined Fintech and Insurance allocation at 56% for this half-year period.
What’s actually slowing this PC down?
Pick the symptom - the matching free tool is one click away.
For context, Capitec’s annual-results announcement allocated 26% of FY2026 headline earnings to Fintech and 27% to Insurance, or 53% combined. That audited full-year period ended 28 February 2026 and should not be treated as directly equivalent to the six-month interim split. The percentages are the company’s segment allocations, and the FY2026 figures total 99%, apparently because of rounding; they should not be adjusted. Capitec reported full-year headline earnings of R16.848 billion, up 23%, on its FY2026 results page and in its annual-results announcement.
#1 Best Overall
- POWERFUL SECURITY KEY: The Security Key C NFC is the essential physical passkey for protecting your digital life from phishing attacks. It ensures only you can access your accounts.
- WORKS WITH 1000+ ACCOUNTS: Compatible with Google, Microsoft, and Apple. A single Security Key C NFC secures 100 of your favorite accounts, including email, password managers, and more.
- FAST & CONVENIENT LOGIN: Plug in your Security Key C NFC via USB-C and tap it, or tap it against your phone (NFC) to authenticate. No batteries, no internet connection, and no extra fees required.
- TRUSTED PASSKEY TECHNOLOGY: Uses the latest passkey standards (FIDO2/WebAuthn & FIDO U2F) but does not support One-Time Passwords. For complex needs, check out the YubiKey 5 Series.
- BUILT TO LAST: Made from tough, waterproof, and crush-resistant materials. Manufactured in Sweden and programmed in the USA with the highest security standards.
What Capitec counts as Fintech
Capitec describes its Fintech businesses as Value-Added Services (VAS) and Capitec Connect. They add everyday purchases and mobile connectivity to the group’s offering, but their growth figures measure different things and should not be treated as interchangeable.
Value-Added Services
VAS covers services such as prepaid airtime and data, electricity, vouchers and bill payments. Capitec reported VAS income of R3.5 billion for the six months ended 31 August 2026, up 30% year on year.
Rank #2
- POWERFUL SECURITY KEY: The YubiKey 5C NFC is the most versatile physical passkey, protecting your digital life from phishing attacks. It ensures only you can access your accounts
- WORKS WITH 1000+ ACCOUNTS: Compatible with popular accounts like Google, Microsoft, and Apple. A single YubiKey 5C NFC secures 100+ of your favorite accounts, including email, password managers, and more
- FAST & CONVENIENT LOGIN: Plug in your YubiKey 5C NFC via USB and tap it, or tap it against your phone (NFC), to authenticate. No batteries, no internet connection, and no extra fees required
- MOST SECURE PASSKEY: Supports FIDO2/WebAuthn, FIDO U2F, Yubico OTP, OATH-TOTP/HOTP, Smart card (PIV), and OpenPGP. That means it’s versatile, working almost anywhere you need it
- PRIMARY & SPARE KEYS: Just like having a spare house key, we recommend buying two YubiKeys - one for daily use and one as a spare. That way you’ll never get locked out of your accounts
Capitec Connect
Capitec reported 1.8 million Capitec Connect active clients over the past three months, compared with 1.1 million in the prior-year period. Data usage rose from 14.9 million to 34.3 million gigabytes, and voice usage increased 84% year on year. The company also said clients used 70 million free Capitec-to-Capitec minutes after the launch of free calls between Capitec Connect users.
PC Slower Than It Used to Be?
A free scan shows the junk files, broken settings and background clutter dragging Windows down - then fixes them in one click.Free scan · Windows 10 & 11Crashes, No Sound, or Screen Glitches?
Random freezes, missing sound and display glitches usually trace back to one bad driver. Find and replace yours safely.Free scan · under a minuteCapitec reported Fintech net income of R2.7 billion, up 30%, and Fintech income of R3.8 billion for the interim period. These are separate measures in the company announcement; neither figure should be substituted for the other or confused with VAS income.
Rank #3
- POWERFUL SECURITY KEY: The Security Key NFC is the essential physical passkey for protecting your digital life from phishing attacks. It ensures only you can access your accounts.
- WORKS WITH 1000+ ACCOUNTS: Compatible with Google, Microsoft, and Apple. A single Security Key NFC secures 100 of your favorite accounts, including email, password managers, and more.
- FAST & CONVENIENT LOGIN: Plug in your Security Key NFC via USB-A and tap it, or tap it against your phone (NFC) to authenticate. No batteries, no internet connection, and no extra fees required.
- TRUSTED PASSKEY TECHNOLOGY: Uses the latest passkey standards (FIDO2/WebAuthn & FIDO U2F) but does not support One-Time Passwords. For complex needs, check out the YubiKey 5 Series.
- BUILT TO LAST: Made from tough, waterproof, and crush-resistant materials. Manufactured in Sweden and programmed in the USA with the highest security standards.
What is behind Insurance’s contribution?
Insurance headline earnings rose 22% year on year to R2.5 billion for the six months ended 31 August 2026. The net insurance result increased 28% to R3.0 billion. Capitec attributed the performance to Credit Life and Funeral Cover.
The company reported 2.2 million active Credit Life policies and 3.8 million active funeral policies, covering more than 17 million lives. These are Capitec’s reported policy and lives-covered counts; they describe the scale of its insurance book, not a measure of earnings on their own.
Rank #4
- Security Key : Protect your online accounts against unauthorized access by using FIDO2 and U2F authentication with T110. It's the world's most protective security key that works with windows, Mac OS, Linux as well as Chrome, Firefox, Edge and many other major browsers.
- Certified with the new FIDO2 standard, T110 provides the benefit of fast login and strong protection against phishing, account takeover as well as many other online attactks.
- Works with : Bank of America, Github, Google, Microsoft, DUO, Twitter, Facebook, Dropbox, Apple, ebay, BINANCE, mor and more.
- Fits USB-A port : Insert the T110 security key into the USB-A port of each service and log in conveniently with one touch
- For the driver download and user guide, please visit TrustKey Solutions Home support page.
What the numbers do—and do not—show
The interim results provide two indicators of diversification: the share of headline earnings allocated to Fintech and Insurance, and the share of income from operations after credit impairments represented by net non-interest income. The latter was 70% in the interim period; Capitec’s annual-results announcement reported 67% for the full year ended 28 February 2026. The periods differ, so these figures show the reported mix in each period rather than a like-for-like forecast.
Do these 3 things before closing this tab:
1Scan for outdated or missing drivers - takes under a minute2Clear out junk files and repair common Windows errors3Fix the driver behind crashes, sound loss and screen glitchesNeither measure establishes that Fintech and Insurance are independent of the bank’s customer base, infrastructure or distribution, or that their current growth rates will persist. The results show that Capitec’s reported earnings mix is extending beyond Personal and Business Banking, while leaving the durability and degree of independence of that growth as separate questions.
Capitec described its strategy in the interim announcement: “Our results show the power of the diversified business we have built over decades on strong fundamentals of simplicity, affordability, accessibility and a personalised experience.” The announcement attributes this statement to Capitec, without naming an individual speaker.
Quick Recap
Product prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on Amazon at the time of purchase will apply.
