South African Diversified Financials Undiscovered Gems With Strong Fundamentals

Purple Group

Market Cap: R3.1b

A financial services and technology company, engages in trading platforms, fractional property and crypto asset investing, retirement fund administration, and asset management businesses in South Africa.

Sygnia

Market Cap: R5.0b

A financial services group, provides investment management and administration services to institutional and retail clients primarily in South Africa.

Alexander Forbes Group Holdings

Market Cap: R10.5b

A financial services company, provides employee benefits, retirement and healthcare consulting, investment, and wealth management solutions to corporate clients and individuals.

Araxi

Market Cap: R2.1b

Operates as a financial technology company in South Africa, the Asia Pacific, the United States, the United Kingdom, Europe, the rest of Africa, and the Indian Ocean Islands.

Sabvest Capital

Market Cap: R4.7b

A private equity and venture capital firm specializing in early venture, mid venture, late venture, emerging growth, growth capital, special situation and management buyouts.

PSG Financial Services

Market Cap: R30.9b

Provides various financial services and products in South Africa and Namibia.

Coronation Fund Managers

Market Cap: R19.1b

A publicly owned investment manager.

JSE

Market Cap: R11.6b

Operates as a multi-asset class stock exchange in South Africa.