# @globalnomad2030 on Instagram

- **Type:** Video
- **Original URL:** https://www.instagram.com/p/Da5cIYOlI5T
- **Gondola URL:** https://gondola.cc/posts/68025885-globalnomad2030-instagram
- **Thumbnail:** https://img.gondola.cc/tr:w-,h-,fo-auto/postThumbnails/e1707da9cc.jpg
- **Posted:** 2026-07-17T14:34:18.000+00:00
- **Account Owner:** Julius Besiole David (@globalnomad2030) — https://gondola.cc/globalnomad2030

## Caption

Capitec started in 2001 as a small microlender. Today it is worth as much as banks trading since the 1800s.

In 2026 it, Standard Bank and FirstRand all reached a R500 billion market cap. Same size. Yet investors pay about R30 for every R1 of Capitec's profit, and only about R10 for the other two.

Why? The old banks carry centuries of branches and legacy systems, a cost the market treats almost like a tax. Capitec is lean and digital.

Great business, or expensive stock?

Not financial advice, do your own research.

#Capitec #JSE #Investing #SouthAfrica #GlobalArbitrage

## Stats

- **Views:** 6,803
- **Likes:** 309
- **Shares:** 0
- **Comments:** 3

## Tags

capitec, jse, investing, southafrica, globalarbitrage

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