About Mercantile
Mercantile is a Financial Services company based in Johannesburg (South Africa) founded in 1965, and was acquired by Capitec Bank in September 2018. Commercial banking services are provided in South Africa. Its focus areas include Banks and Commercial Banks. Its competitors include Standard Bank, Nedbank and FNB.
Company details
Mercantile, established in 1965 and currently in Acquired stage, focuses on offering financial products and advice, banks, and commercial banks. Commercial bank. Adapting to market demands with innovation and client-focused strategies. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Johannesburg, South Africa
- Stage Acquired
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website mercantile.co.za
- Social LinkedIn X Facebook
- Acquired by Capitec Bank (Sep 2018)
- Investors
- Acquired byCapitec Bank
(Sep 2018)
Investors in Mercantile
Mercantile has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Capitec Bank.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Retail banking services are provided across South Africa. | 2001 | capitecbank.co.za | Stellenbosch, South Africa |
Investor details for Mercantile
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People of Mercantile
2 people are tracked at Mercantile (2 in leadership).
| Name | Role | Group |
|---|---|---|
Karl Kumbier | Chief Executive Officer (CEO) | Leadership |
Avanish K. | Head : Platforms (core Banking, Treasury, Digital, Branch Channel, Trade Finance , Payments) | Leadership |
Complete people profiles for Mercantile
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Timeline of Mercantile
2 dated milestones of Mercantile across 53 years, from founding to its latest funding, stage changes and deals.
- Founded Mercantile is founded.
- Exit Acquired by Capitec Bank.
Competitors of Mercantile
Mercantile has 3 listed competitors in our database. They include Standard Bank, Nedbank and FNB.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| standardbank.com | 1862 | Johannesburg, South Africa | 54,558 | Commercial banking services are provided across 20 African countries. | ||
| nedbank.co.za | 1888 | Johannesburg, South Africa | Nedbank is recognized as a provider of personal and business banking services. | |||
| fnb.co.za | 1838 | Grahamstown, South Africa | Commercial banking services are provided by FNB in South Africa. |
Detailed competitors of Mercantile
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Web traffic of Mercantile
Websites that share an audience with Mercantile (mercantile.co.za).
Websites whose visitors overlap most with Mercantile. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| standardbank.co.za | 100% | #6,648 | View details | ||
absa.co.za | absa.co.za | 100% | #10,564 | – | |
| nedbank.co.za | 94% | 4.9M | #8,482 | View details | |
mblbd.com | mblbd.com | 91% | #812,866 | – | |
albaraka.co.za | albaraka.co.za | 91% | #955,736 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 17 similar websites and full traffic analytics for Mercantile
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Related news about Mercantile
Complete news archive for Mercantile
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Frequently Asked Questions about Mercantile
Mercantile was founded in 1965.
Mercantile is headquartered in Johannesburg, South Africa. It is registered at Johannesburg, Gauteng, South Africa.
Mercantile, established in 1965 and currently in Acquired stage, focuses on offering financial products and advice, banks, and commercial banks. Commercial bank. Adapting to market demands with innovation and client-focused strategies. It continues to evolve, meeting industry challenges with strategic approaches.
Mercantile's top competitors include Standard Bank, Nedbank and FNB.
Mercantile has 1 investor. Key investors include Capitec Bank.
Yes. Mercantile was acquired by Capitec Bank in September 2018.