South African billionaire Michiel Le Roux’s Capitec buys Walletdoc for $23 million
Billionaires Africa | 08.12.2025 19:32
Capitec Bank, a leading retail bank founded by South African billionaire banker Michiel le Roux, said it has agreed to buy 100 percent of Walletdoc Holdings in a deal valued at up to R400 million ($23.5 million). The purchase adds a growing digital payments business to Capitec’s expanding financial services network.