EasyEquities Soars: Purple Group More Than Doubles Its Profit

Loading player...
GUEST: Charles Savage – CEO, Purple Group
Purple Group, the fintech powerhouse behind South Africa’s favourite investing platform EasyEquities, has delivered another knockout year more than doubling its profit and growing assets under management to over R80 billion.

In its latest results, the JSE-listed company posted a 121% surge in profit to R78.8 million, with group revenue up 21.5% year-on-year. EasyEquities continues to be the star performer, driving most of the R450 million in revenue and attracting over 1.15 million active investors a 15% jump from last year.

CEO Charles Savage joins Kaya Biz to unpack the story behind the numbers, how EasyEquities has become a gateway for everyday South Africans to invest, why disciplined scaling and community trust remain central to its success, and what’s next as the platform pushes toward new markets and innovations.
12 Nov 3PM English South Africa Business News · Investing

Other recent episodes

How Walmart Can Achieve What Makro and Game Could Not?

Guest: The Finance Ghost – Retail Analyst Why are South Africans queueing for hours to walk into a store that, on paper, looks a lot like Game did ten years ago? And more importantly what does Walmart know that Makro and Game couldn’t crack? We unpack the frenzy behind Walmart’s…
4 Dec 4PM 16 min

Woolworths’ New Bag Colour - A Masterclass in Crisis Management?

Guest: Jeremy Sampson – Executive Chairman, Brand Finance Africa What happens when a grocery bag becomes the star of a national scandal? After businessman Vusimuzi “Cat” Matlala told Parliament he used a black Woolworths shopping bag to deliver R300 000 to former police minister Bheki Cele, the internet erupted with…
4 Dec 4PM 21 min

Channel Bundling Unpacked: Why DStv Says Discovery, CNN and 10 Others May Go Dark.

Guest: Nqobile Ndlovu – Cash N Sport Research Director According media updates, DStv subscribers were hit with a shock notification this week: 12 major Warner Bros Discovery channels including Discovery Channel, CNN International, Cartoon Network and Food Network could disappear on 31 December. Behind the push alert lies a much…
4 Dec 4PM 25 min