Capitec, South Africa’s leading digital bank has been voted as South Africa’s coolest bank in the 16th annual Sunday Times Gen Next Awards, which recognises the country’s top brands as voted for by South African youth and young professionals.
Thabiso Ntando, Brand Manager at Capitec, says: “We’re excited to be announced the coolest bank in SA. We have always said that we are the bank for all South Africans and this award shows that we are catering to the needs of our youth. I believe it is our client-centric digital offering that sets us apart and I’m particularly excited about our new banking app, which is currently number one on South African app store charts. The app will also get some new features this year, which I think you’ll find cool.”
The Sunday Times Gen Next Awards is the leading annual youth brand preference and consumer behaviour digital media awards in the country, honouring trending brands as well as innovative use of social and digital media.
The Awards is considered to be the leading barometer of what South Africa’s youth finds to be on-trend and aspirational. More than 6 000 youth and young professionals were polled during the 2020 survey period, which took place ahead of the national lockdown.
“We have seen a significant increase in digital banking between January and July 2020, with the bank welcoming almost 600 000 new digital banking clients.” Ntando said.
This award comes in the wake of Capitec Bank’s recent rating of Best Bank in South Africa by Forbes. The bank has also received other accolades such as Top South African Bank in the Lafferty Global Ranking three years in a row (2016-2018) and the Sunday Times Top 100 Companies Award in 2018.