While ‘help’ constitutes a core brand value within FNB, we also practice an overall ethos underpinned by the concept of ‘better business; better world’. We believe that by tapping into the innovative culture within FNB, we can provide people with the help they need to change their lives, communities and transform their businesses. Not just for their own benefit, but for the benefit of others.
We know that South Africans want to help each other, and that positive and lasting change is possible. As individuals we have a generosity of spirit. We have what it takes to tap into this spirit, so that together we can keep changing this great country into the great nation we all know it can be.
First National bank is a division of FirstRand Bank Limited.
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Winner of the 2020 FinTech Awards for Best Small Business Funding Solution in South Africa.
Merchant Capital was established in 2012 as a provider of alternate sources of working capital, designed specifically for SMEs in South Africa.
In early 2013, Merchant Capital worked closely with the leading cash advance provider in the US - a company that has provided over $1.2 Billion in funding to over 20,000+ US businesses. Later in 2013, the Capricorn Capital Group invested in Merchant Capital. Capricorn Capital Group is associated with the broader Yellowwoods Group, which includes Hollard Insurance, Clientèle, Nando’s and Direct Axis.
Its investment in Merchant Capital adds great value to the team as the shareholder of reference, bringing many years of success in financial services and lending.