Capitec’s change of name from Capitec Bank Holdings Limited to Capitec Limited was confirmed and gazetted by the South African Reserve Bank’s Prudential Authority on October 2, 2026. The change took effect on August 1, 2026, and was highlighted in the company’s recent interim financial results as a sign of its strategic shift.
The new name reflects Capitec’s expansion beyond traditional banking. The company is broadening its financial services, including insurance products, and entering telecommunications through Capitec Connect, its mobile virtual network operator. Its stated aim is to offer clients a wider range of value-adding solutions.