Fintech group Capital Appreciation (Capprec), which counts big four banks as clients as well some asset managers, has earmarked nearly R600m for acquisitions in technology and financial services, its executives told Business Day on Tuesday.  

“We’re optimistic that in the near future, we will be making acquisitions,” said Alan Salomon, CFO of the company whose core business is to sell technology used by banks and other financial services companies, to add more features to their digital platforms. ..

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.