Old Mutual is looking to make a comeback to the banking market by launching a digitally enabled mass-market lender capable of taking on Capitec in the second half of 2024.
The insurance and investment group has completed the first phase of regulatory processes required to begin its application for a banking licence ahead of a planned public market launch of the lending unit by no later than the end of 2024...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.
Which sane African wants to have anything to do with Old Mutual? Their history is so toxic its not funny from apartheid days to 2017.
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Old Mutual guns for Capitec with mass-market bank planThe insurance and investment group plans to launch a digitally focused mass-market bank to rival Capitec by the end of 2024 Few months back I had no way of taking care of my kids , had no job or money also struggling through the pandemic,so I decided to try Bitcoin trading with the help of Georgeshaffer_ I was able to earn $50,000 now am financially stable.
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