Johannesburg, South Africa, 21 October 2025 – Capitec the country’s largest retail bank, has teamed up with stub, an accounting software startup, to streamline financial management for small and micro businesses. Capitec has enabled direct integration between stub’s digital accounting software and the Capitec transactional data API – the first of its kind, between Capitec and a provider of small business software.
Launched in 2023, stub is a simple and affordable alternative to spreadsheets and other manual accounting solutions. The software makes it easy to track sales, manage expenses, get paid and access your financial records in real time. Built for small businesses by a team with entrepreneurial and banking backgrounds, stub is designed to be accessible to business owners with no finance experience or expertise.
The integration allows transaction data to flow directly and securely from Capitec’s clients’ accounts into the stub accounting platform – eliminating the need for manual data capturing or other workarounds. For small business owners, this means always having up-to-the-second insight into their income and expenses, enabling them to stay on top of their cash flow and business performance. The solution even automatically reconciles payments with associated invoice numbers and categorises expenses to the appropriate accounts, saving small business owners time and effort.
Importantly, the direct integration now supports Capitec personal accounts, recognising the reality that many South African entrepreneurs – from spaza shop owners and tradespeople to freelancers and side hustlers – run their businesses through personal bank accounts.
“We launched two and a half years ago to provide entrepreneurs with simple, accessible and powerful tools to enable them to build successful businesses,” says Tayla Dandridge, co-founder and CEO at stub.
“Our integration with Capitec bridges a critical gap for small business owners, many of whom haven’t had access to tools that integrate with the way they actually bank and work. Capitec shares our belief that entrepreneurs and hustlers are at the heart of South Africa’s economy. As a startup with big ambitions for the future, we are proud to work with a bank that’s enabling the kind of innovation and accessibility to fintech tools that our entrepreneurs and small businesses need.”
This move forms part of Capitec’s broader strategy to serve South Africa’s fast-growing informal and micro-business sector, which accounts for an estimated R750 billion in annual turnover.
Chris Zietsman, Executive Head of Capitec Business Payments adds: “At Capitec, we’re committed to supporting entrepreneurs and other small business with banking solutions that are transparent, easy to use, and affordable. This integration with stub frees up time so that business owners can focus on growing their business and makes it easy for them to stay on top of what’s happening with their finances.
“By automatically linking banking data to accounting software, we’re removing one more barrier to running a business. This is our first API integration of this nature with a business software provider – a key milestone in our ongoing efforts to support the country’s entrepreneurial ecosystem through innovation and inclusion.”