Picsa Group Information

Picsa partners with South African employers to help their workforces build stronger financial futures. We give employees access to high-quality financial products, practical financial education and convenient WhatsApp self-service - designed, intentionally, to help people make meaningful financial progress and ultimately break the cycle of debt. Savings & Investments From emergency savings backed by Absa to short- and long-term investments through Allan Gray, we remove the traditional barriers to investing. There is no minimum monthly contribution and no deposit required to get started, making quality investment products accessible regardless of how much someone can afford to save. Family Protection We partner with leading South African insurers to provide funeral cover for individuals and their families, with different levels of protection to suit different needs, at highly competitive prices. Responsible Lending Our lending products are designed to help people deal with genuine financial needs without trapping them further in debt. This includes completely interest-free emergency loans, as well as responsible retail, cash and consolidation loans. We lend based on what people can realistically afford and help them manage their repayments responsibly. EarnBacks Our EarnBacks programme rewards consistent, positive financial behaviour with real financial rewards. Members can earn back up to 100% of product fees through vouchers, cash and additional investment contributions. Every Picsa member is registered with Picsa Association Non-Profit, reflecting our commitment to creating meaningful, lasting change in the financial lives of South Africans.