Sources from the article
¹ Capitec Bank Holdings — Annual Financial Results, FY2026 (year ended 28 February 2026). https://www.capitecbank.co.za/blog/news/2025/annual-results/
² FNB Business / FirstRand — FY2025 Results and Community Economy Reporting. https://www.firstrand.co.za/investor-relations/financial-results/
³ FNB AgencyPlus — Surpasses R27 Million in Transactions Through Township Agent Stores. https://farmersreviewafrica.com/fnbs-agencyplus-surpasses-r27-million-in-transactions-through-township-agent-stores/
⁴ FNB AgencyPlus — FNB Takes ATMs to Spaza Shops. Sunday Times Business, September 2025. https://www.sundaytimes.timeslive.co.za/sunday-times/business/business/2025-09-28-fnb-takes-atms-to-spaza-shops/
⁵ Absa and Preference Capital — Merchant Cash Advance Launch. Moneyweb, July 2024. https://www.moneyweb.co.za/in-depth/preference-capital/boost-for-smes-preference-capital-and-absa-launch-merchant-cash-advance-loans/
⁶ Nedbank — Merchant Cash Advance (via Merchant Capital). https://business.nedbank.co.za/small-business/borrow/merchant-cash-advance.html
⁷ Standard Bank — Shari’ah Merchant Capital Cash Advance. https://www.standardbank.co.za/southafrica/business/products-and-services/business-solutions/specialised/shariah-compliant-merchant-capital-cash-advance
⁸ FNB Cash Investments / Himal Parbhoo — The R50 Billion Economy That South Africa Must Unlock. Hypertext, March 2026. https://htxt.co.za/2026/03/the-r50-billion-economy-that-south-africa-must-unlock/