Question 1

What is the best alternative to Capfin in South Africa?

Accepted Answer

If you are in South Africa and want a different type of credit, Mobicred is a common Capfin alternative because it offers a revolving credit facility with one monthly payment for purchases at participating online retailers. If you are comparing based on asset-backed borrowing rather than instalment loans, Troygold lets you borrow against insured 1oz Krugerrands held in vaults. For business-focused lending rather than personal loans, Pumpkn targets agri-food SMEs in South Africa.

Question 2

Is Capfin available outside South Africa, and what can I use instead?

Accepted Answer

Capfin is available in South Africa only, so if you are outside the country you will need a local lender instead. In Tanzania, Mix Mkopo positions as a personal-loan app that pays out to mobile wallets. In Zimbabwe, HiMoney focuses on collateral-free loans via mobile and says approved funds can be received within minutes.

Question 3

Which apps like Capfin pay out to mobile money rather than a bank account?

Accepted Answer

For mobile-money based lending, Impiya is designed to send short-term loans to mobile money and is available in Tanzania, Uganda, and Zambia. In Kenya, LEO CASH ties applications to M-Pesa details and advertises decisions in about 3 minutes. In Tanzania, Mix Mkopo is also built around receiving funds to mobile wallets.

Question 4

What is a good Capfin alternative if I want buy now pay later for shopping?

Accepted Answer

Mobicred is the closest match if your goal is paying for purchases over time, since it is a revolving digital credit facility with one monthly payment for shopping at participating online retailers in South Africa. It is not an instalment personal loan like Capfin, so compare how your limit works and where you can spend it before switching.

Question 5

Which Capfin competitor is better for quick loan decisions in Kenya?

Accepted Answer

In Kenya, LEO CASH is positioned for speed, advertising loan decisions in about 3 minutes and terms of 91 to 365 days. Another Kenya option is ZK Pesa, an Android lending app where you can apply and track approval and repayment details in-app.

Question 6

How does Capfin’s cost structure compare with alternatives?

Accepted Answer

Capfin’s repayment can include fixed interest plus fees like an initiation fee, a monthly service fee, VAT, and a Credit Life premium included in the instalment, so it is worth comparing total cost, not just the rate. Some alternatives emphasise transparency in fees up front, for example Mix Mkopo describes transparent fees in Tanzania. If you are considering a different product type, Mobicred is a revolving facility for purchases, so the pricing structure will not mirror a fixed-term personal loan.

Question 7

What is the best Capfin alternative for business funding in South Africa?

Accepted Answer

If you are looking for business finance rather than a personal loan, GoTyme for Business is a South Africa option offering unsecured working capital advances and other business funding tools. For agri-food SMEs specifically, Pumpkn is an AI-powered digital lending platform focused on South African agriculture and food-chain businesses.

Top 63 Best Capfin Alternatives & Competitors (2026)

Alternatives to Capfin

Pumpkn

Troygold

Mobicred

Mix Mkopo

HiMoney

GoTyme for Busine...

Impiya

SilkLoan Uganda

ZK Pesa

LEO CASH

QuickSente

Quickash

Meta Loan

Lékol crédit

Afrimula

Nguzu Advanced

Dove Cash

Chibanje Capital

Palmcredit

Tuma Loan

Cr3dentials

CrediVoria

Easy Cash

LendPlus

Frequently Asked Questions

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