About Capital Appreciation
Capital Appreciation is a publicly listed company based in Sandton (South Africa) founded in 2015 by Motty Sacks. Payment solutions and consulting services are offered to businesses. It operates on a SaaS (Software-as-a-Service) and Professional Services model. Capital Appreciation has completed 4 acquisitions, including Dariel Software, Responsive Digital and Responsive Tech. Its chief executive, as recorded, is Bradley Sacks. Capital Appreciation offers products and services including Dashpay, Halo Dot, and Synthesis. Its focus areas include Financials and Financial Technology. Its legal entity is Araxi Limited.
Company details
Capital Appreciation, now known as Araxi Limited, is involved in developing innovative financial services, technologies, and solutions. The company operates in the fintech sector, focusing on payment infrastructure, technical support, and bespoke software through subsidiaries like African Resonance and Dashpay. It also invests in startups such as LayUp for digital lay-by services and AssetPool for asset management platforms. Software development is provided through Synthesis, Responsive, and Dariel, catering to financial institutions and other industries. The company has expanded internationally with a presence in the Netherlands to access emerging technologies and global best practices.
- Headquarters Sandton, South Africa
- Founders Motty Sacks
- Stage Public
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website capitalappreciation.co.za
- Social LinkedIn
- Legal Name Araxi Limited
- Annual Revenue$69.13 M (USD)-5.76as on Mar 31, 2026
- Net Profit$9.66 M (USD)-20.34as on Mar 31, 2026
- EBITDA$17.95 M (USD)0.52as on Mar 31, 2026
- Investments & AcquisitionsDariel Software
& 3 more
Products & Services of Capital Appreciation
Capital Appreciation offers a comprehensive portfolio of products and services, including Dashpay, Halo Dot, and Synthesis.
A platform for multi-product, multiparty universal transacting solutions.
Software enabling NFC Android devices for payment acceptance.
Innovative technology solutions providing businesses a competitive edge.
People of Capital Appreciation
8 people are tracked at Capital Appreciation (5 in leadership, 3 in team).
| Name | Role | Group |
|---|---|---|
Motty Sacks | Co-Founder | Leadership |
Bradley Sacks | CEO | Leadership |
Michael Shapiro | Head Of Software Division | Leadership |
Sue-Ann Huyser | Head Of Operations - Human Capital Shared Services | Leadership |
Alan Salomon | Chief Financial Officer | Leadership |
Aimee McNamara | Group Executive Human Capital | Team |
Lesego Tshoagong Ca | Group Finance Executive | Team |
Halo Dot | Opportunities In Fintech | Team |
Complete people profiles for Capital Appreciation
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IPO & Listings of Capital Appreciation
Capital Appreciation is a publicly listed company on the JSE with ticker symbol AXX in South Africa, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date16 Oct 2015
- Listed onJSE: CTA
- Listed entityAraxi Limited
- Exchange sectorFinance
- ISINZAE000208245
- Share price142.00 ZAC (+0.71% on the day) · 2026-10-13
- Market capitalisation1,701,999,953.00 ZAC
- Price to earnings10.3
- EPS (diluted, trailing year)0.14 ZAC
- Dividend yield8.51%
- Volume (last session)270,617
Financials of Capital Appreciation
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | 1.18B ZAR | 164.9M ZAR | 306.3M ZAR |
| 2024 | 1.25B ZAR | 207.1M ZAR | 304.8M ZAR |
| 2023 | 1.17B ZAR | 165.0M ZAR | 277.4M ZAR |
| 2022 | 996.7M ZAR | 91.0M ZAR | 236.2M ZAR |
| 2021 | 831.6M ZAR | 163.2M ZAR | 254.9M ZAR |
Detailed financial statements for Capital Appreciation
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Investments & Acquisitions by Capital Appreciation
Capital Appreciation has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Dariel Software, Responsive Digital and Responsive Tech.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Provider of software development, cloud, integration, consulting, and other services | dariel.co.za | Johannesburg, South Africa | 2001 | Apr 2023 | $25.97M | |
Provider of mobile application & software development and UX design services | responsive.co.za | Cape Town, South Africa | 2011 | Mar 2022 | •••• | |
Provider of digital & inbound marketing, SEO, and website design services | responsivetech.com | San Diego, United States | 2002 | Mar 2022 | •••• | |
Software development services are provided to financial institutions by Synthesis. | synthesis.co.za | Johannesburg, South Africa | 1994 | May 2017 | $10M |
Complete acquisition details for Capital Appreciation
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Timeline of Capital Appreciation
6 dated milestones of Capital Appreciation across 8 years, from founding to its latest funding, stage changes and deals.
- Founded Capital Appreciation is founded.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires Synthesis Software Technologies.
- Acquisition Acquires Responsive Digital.
- Acquisition Acquires Responsive Tech.
- Acquisition Acquires Dariel Software.
Web traffic of Capital Appreciation
Websites that share an audience with Capital Appreciation (capitalappreciation.co.za).
Websites whose visitors overlap most with Capital Appreciation. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| synthesis.co.za | 100% | 6K | #3,503,186 | View details |
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Frequently Asked Questions about Capital Appreciation
Capital Appreciation was founded in 2015.
Capital Appreciation is headquartered in Sandton, South Africa. It is registered at Sandton, Gauteng, South Africa.
Bradley Sacks is the CEO of Capital Appreciation, as recorded in our data.
Annual revenue of Capital Appreciation is $69.13M as on Mar 31, 2026.
Capital Appreciation, now known as Araxi Limited, is involved in developing innovative financial services, technologies, and solutions. The company operates in the fintech sector, focusing on payment infrastructure, technical support, and bespoke software through subsidiaries like African Resonance and Dashpay. It also invests in startups such as LayUp for digital lay-by services and AssetPool for asset management platforms. Software development is provided through Synthesis, Responsive, and Dariel, catering to financial institutions and other industries. The company has expanded internationally with a presence in the Netherlands to access emerging technologies and global best practices.
Capital Appreciation offers Dashpay, Halo Dot, and Synthesis.
Yes, Capital Appreciation is publicly traded on JSE under the ticker symbol AXX.
Capital Appreciation has made 4 acquisitions, including Dariel Software, Responsive Digital, and Responsive Tech.
Capital Appreciation operates through Araxi Limited.