Pepkor has all the makings of the next Capitec (opens original article in a new tab)

Pepkor is positioning itself as a major competitor to Capitec Bank through its PlusB banking franchise, leveraging its retail network and financial services expansion.

• Pepkor is developing a banking franchise called PlusB to compete with Capitec Bank.
• Capitec Bank has grown to 26-million customers and a R530bn market valuation.
• Pepkor's financial services revenue increased 41% to R3bn in six months ended March 2026.