Araxi Company Description
Araxi Limited, together with its subsidiaries, 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.
It operates through three segments: Payments and Payment Infrastructure and Services; Software and Services; and International.
The company provides payment infrastructure, technical support, and payment technology solutions to established financial institutions, emerging payment service providers, and corporate customers in the retail, fuel, restaurant, hospitality, and healthcare sectors.
It also designs, develops, and implements end-to-end solutions, such as device fleet management solutions to institutional clients and corporate customers; supplies electronic point-of-sale devices; and offers merchants with a single device for the banking and non-banking products and services.
In addition, the company provides a multi-product and multi-party transacting platform, and value-added services solutions for the facilitation of business-to-business payment-related products in conjunction with an institutional client base.
Further, it offers software development, consulting, and integration, and technology-based product solutions, which enable clients to perform business processing functions, meet regulatory requirements, integrate with trading platforms and exchanges, and secure sensitive information to banking, financial services, retail, telecommunications, healthcare, and other enterprises.
The company was formerly known as Capital Appreciation Limited and changes its name to Araxi Limited in October 2025.
Araxi Limited was incorporated in 2014 and is headquartered in Sandton, South Africa.
Country | South Africa |
Founded | 2014 |
Industry | Computer Processing and Data Preparation and Processing Services |
CEO | Bradley Sacks |
Contact Details
Address: Unit 2, 44 Saturn Crescent Sandton, 2196 South Africa | |
Phone | 27 10 025 1000 |
Website | capitalappreciation.co.za |
Stock Details
Ticker Symbol | AXX |
Exchange | Johannesburg Stock Exchange |
Fiscal Year | April - March |
Reporting Currency | ZAR |
SIC Code | 7374 |
Key Executives
Name | Position |
---|---|
Bradley Sacks | Chief Executive Officer |
Sjoerd Douwenga | Chief Financial Officer |