Lebashe is committed to furthering the interests of historically disadvantaged participants, with a particular focus on the development and upliftment of young black professionals on a sustainable and continuing basis. Currently, Lebashe holds investments with a NAV of R3billlion, operating in three sectors.
The businesses will leverage one another thereby enhancing value through their inherent similarities. Lebashe believe that technological evolution, disruptive technologies, changes to social norms and consumer behaviour will drive further integration as well as introduce new and broaden on existing cross-selling opportunities. The Company’s mandate of becoming a leading African investment company has been progressed through investments in Capitec Bank Holdings, RainFin, Legesi, 4Africa Exchange and Repaid Group.
Lebashe was established in 2015 with an investment in Capitec Bank which has significantly grown since then to a shareholding of approximately 7.2%.
As of August 2017, the bank was the second largest retail bank in South Africa, based on number of customers, with 120,000 customer opening new accounts per month.
RainFin is South Africa’s first and currently only online credit marketplace. The marketplace owns and operates the foundational lending elements of a new future proof bank. The technology platform has been built, the operational and legal frameworks have been designed to offer a multi-product lending marketplace in South Africa.
The business was launched in response to the increasing cost of traditional lending. RainFin pioneered a viable alternative for quality borrowers seeking transparent, cost effective loans, as well as lenders looking for returns that are in excess of current market offerings. RainFin’s vision is to reduce traditional costs and barriers for borrowers and lenders through innovative technology, thereby creating a truly transparent and fair marketplace.
Legesi Home Solutions, a RainFin subsidiary, is a level 1 B-BBEE Contributor and financial initiative providing a Pension backed investment for Retirement Funds. At Legesi we partner with Funds that manages a members’ retirement nest egg.
Our expertise contributes to the growth of the funds and at the same time provide The Member with a loan to purchase or enhance a property for primary use. With financial expertise and the use of modern technology Legesi solves a systemic bottleneck preventing growth of retirements earnings and access to housing.
4AX provides a safe and licensed platform that affords easier access and greater product variety for Issuers and Brokers. 4AX’s unique features include, modern technology, removal of key barriers to investing and unique exchange infrastructure features,
which are in line with Lebashe’s belief that disruptive technologies and enhancements to existing processes will serve to drive further integration and opportunities.
Lebashe Capital, a registered FSP with registration number 44806, is a boutique investment and corporate advisory firm focusing on corporate, institutional and individual investors. Lebashe Capital advises on niche liability and equity solutions through rigorous financial engineering processes.