Capitec Bank has partnered with accounting software start-up Stub to streamline financial management for South Africa’s small and micro-businesses.
This marks Capitec’s first fintech integration of its kind, connecting the bank’s transactional data directly to Stub’s digital accounting platform.
The integration allows entrepreneurs to link both personal and business Capitec accounts to Stub, providing real-time insights into income, expenses, and cash flow. Transaction data flows automatically into the platform, where payments are reconciled and expenses categorised – eliminating manual bookkeeping and giving business owners up-to-the-minute visibility of their finances.
“We launched two-and-a-half years ago to provide entrepreneurs with simple, accessible and powerful tools to enable them to build successful businesses,” says Tayla Dandridge, co-founder and CEO of Stub. “Our integration with Capitec bridges a critical gap for small business owners, many of whom haven’t had access to tools that integrate with the way they actually bank and work. Capitec shares our belief that entrepreneurs and hustlers are at the heart of South Africa’s economy.”
Capitec’s move supports the country’s informal and micro-business sector, which contributes an estimated R750 billion in annual turnover. “At Capitec, we’re committed to supporting entrepreneurs and other small businesses with banking solutions that are transparent, easy to use and affordable,” adds Chris Zietsman, Executive Head of Capitec Business Payments. “This integration with Stub frees up time so that business owners can focus on growing their business and makes it easy for them to stay on top of what’s happening with their finances.”
For many entrepreneurs, this partnership represents the first time their financial story truly comes to life. From understanding cash flow and profit to managing VAT and taxes, the integration highlights how banks and fintechs can collaborate to make financial tools simpler, more inclusive, and genuinely useful for small businesses.
“Today, we’re supporting close to 4 000 entrepreneurs across South Africa,” Dandridge notes. “What started with a single anchor partnership has now expanded into a direct integration with Capitec and our community continues to grow every day.”
