Financial services in South Africa
Who banks where, how fast money moves through phones and banks, what credit is growing and where finance is headed.
Deals in the last 12 months6
Account ownership: South Africa against SADC
Account ownership, % of adults, latest year for each country. Click a bar for that country's financial services page.
Subsectors
9 in this pillarBanking in South Africa
- Tracks
- Banks, assets, deposits, credit by industry, bad loans and capital, branch networks, new licences and exits, digital banks.
- Signals ahead
- Credit growth by industry, licence approvals, foreign bank exits.
Select a figure for its trend. Source: dotzedw deals tracker.
Open these deals in the deals tracker
More figures for this subsector are being added.
Who is moving
Open in the deals tracker6 deals in the last 12 months involving South Africa, placed in subsectors by what they say.
- 2026-10-09 · South Africa · Venture capital · Announced · Mobile money and paymentsSA’s WalaPay Raises USD 4.6 M Seed Funding For Stablecoin Payments
- 2026-10-08 · South Africa · M&A · Announced · BankingThe Local Airbnb Rival That Held Off the Giant: South Africa’s LekkeSlaap Bought by Banking Royalty
- 2026-09-22 · South Africa · M&A · Announced · Fintech and insurtechTwo Exits in Six Years: Dan Kleinbaum’s GTXN Acquired by Luno
- 2026-07-31 · South Africa · Development finance · Announced · Development financeAfrican Development Bank and Standard Bank Group Seal $332 million (ZAR 5.4 billion) Deal to Boost SME Financing in South Africa
- 2025-11-12 · South Africa · Development finance · Approved · Development financeAfrican Development Bank finances South Africa – FirstRand Bank Ltd: USD 300 Million Long-Term Line of Credit
- 2025-11-12 · South Africa · Development finance · Approved · Development financeAfrican Development Bank finances South Africa - Firstrand Bank LTD-USD 300 Million Longterm LOC
- 2025-09-26 · South Africa · Development finance · Approved · Development financeAfrican Development Bank finances South Africa – Development Bank of Southern Africa line of credit (LOC)
- 2025-06-30 · South Africa · M&A · Regulator decided · InsuranceOld Mutual Life Assurance Company / Guardrisk Life
- 2025-06-30 · South Africa · M&A · Regulator decided · InsuranceClientele / Emerald Life
- 2025-06-30 · South Africa · M&A · Regulator decided · Not yet placedLactalis SA / Vista 24