Picsa

At Picsa, our mission is to improve the financial health of low-income South Africans as we long to see them flourish. We believe that everyone deserves access to affordable and high-quality financial products, along with practical education to foster positive behavioural change. Through our innovative bulk transacting approach, we make top-tier financial products accessible to all. Our easy-to-use employee benefits solution is available across various industries, including agriculture, manufacturing, retail, hospitality, and leisure. We partner with employers to help them support their employees on their financial health journey. What started as a humble social initiative on a single farm in 2012 has rapidly evolved into the Picsa of today, a thriving commercial enterprise serving over 9,000 employees. Our comprehensive range of financial products includes: - Short- and long-term investments in Allan Gray funds, with a minimum contribution requirement as low as R1 per month. This is significantly lower than the usual minimum of R500 per month and we are the only financial institution that offers such a low barrier of entry, making it more accessible. - Affordable funeral cover underwritten by Safrican, providing peace of mind during difficult times. Our funeral plan is one of the most cost-effective plans in South Africa. - Debt Consolidation to help individuals in overcoming debt, along with small and responsible cash and retail loans. - EarnBacks loyalty program, designed to incentivise saving. Our EarnBacks programme rewards healthy financial decisions, giving employees even more opportunities to save. At Picsa, we are dedicated to empowering individuals with the tools and resources they need to secure their financial futures. Contact us to discover how we can help you and your employees achieve greater financial health.