Name

Cirrus Capital

Legal name

Cirrus Capital (Pty) Ltd

Website

https://cirrus.com.na

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

1–10 employees

Ownership category

akta.pro rank

Product category

Corporate Finance and Securities Brokerage

NAICS

Investment Banking and Securities Intermediation (523150), Portfolio Management and Investment Advice (523940), Miscellaneous Intermediation (52391)

SIC

Security Brokers, Dealers & Flotation Companies (6211), Investment Advice (6282), Finance Services (6199)

akta.pro primary industry

Capital Raising Advisory (Debt/Equity/Private Capital) (BPAHADAG)

akta.pro secondary industries

Equity Capital Advisory (Private Equity Placements, Growth Capital) (BPAHAOAE), Carbon Hedging, Risk Management & Analytics (Pricing, VaR, Scenario Analysis) (EUABADAG)

Keywords

• Corporate finance advisory
• Equity brokerage services
• Capital raising
• Financial data platforms
• Investment research

Headquarters

HQ city

Windhoek

HQ country

Namibia

HQ region

Africa

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Corporate Finance and Advisory: Transaction advisory services and capital raisings through listed and unlisted instruments across a range of sectors. Completed over N$6.1 billion worth of corporate finance transactions.
2. Brokerage and Trading: Equity and fixed income trading services on Namibia and Johannesburg Stock Exchanges, OTC instruments, money market services with regulated brokerage fees.
3. Finder's Fees: Receives finder's fees for facilitating capital placements (e.g., C$150,000 from Koryx Copper placement).
4. Data Subscription Services: Subscription-based data services through Cirrus Data platform with various tiers from free to premium plans up to N$50,000.
5. Investment Advisory: Investment advisory services to companies like Paratus Namibia Holdings with focus on ICT companies and infrastructure.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels5 records

Core offering

Cirrus Capital delivers Namibian-focused corporate advisory and capital raising services, executing over N$6.1 billion in transactions across listed and unlisted instruments. Through its subsidiaries it provides NSX/JSE equity and fixed income stockbroking (Cirrus Securities), economic and equity research (Cirrus Research), a subscription-based macroeconomic and financial data platform with API and Excel add-in (Cirrus Data), fund management (Cirrus Fund Managers), and carbon credit investment services (Carbon Capital).

Product overview

Cirrus Capital operates as a broad-scoped financial services company with a platform-plus-modules architecture. The core offering comprises Cirrus Capital (corporate advisory and capital raising) supported by distinct business units: Cirrus Securities (stockbroker for equity and fixed income trading), Cirrus Research (economic research and analysis), and Cirrus Data (proprietary data platform with dashboards, reports, and Excel integration). The product portfolio also includes structured products such as the Namibia Government Bond ETF (first regional ETF tracking S&P Namibia Sovereign Bond Index) and the Cirrus Dual Listed Equity Index. NENS provides real-time company announcements for NSX listed securities. The group also includes listed investments in ICT infrastructure through Paratus Namibia Holdings. All services are accessed through the Cirrus Data platform or directly via broker relationships.

Differentiator

Problem solved

Functional benefit

Brands

• Cirrus Securities: Securities trading and brokerage division of Cirrus Capital
• Namibia Bond ETF
• Equity Indices
• Paratus Namibia Holdings Limited
• Cirrus Fund Managers
• Carbon Capital

Products and services

• Corporate Finance Advisory and Capital Raising Bespoke capital raising, structuring and transaction advisory through listed and unlisted instruments across sectors; includes IPO/NSX listing advisory, debt issuance, transaction advisory and placement services for institutional and corporate clients; over N$6.1 billion (US$385m) of corporate finance transactions completed.
• Equity and Fixed Income Brokerage (Cirrus Securities) Equity, fixed income, money market and OTC trading services on the Namibia Stock Exchange and Johannesburg Stock Exchange for large institutional investors and retail individuals; sponsoring broker services for NSX-listed companies; one of four active stockbrokers on NSX.
• Economic and Equity Research Micro- and macro-economic research, economic impact assessments, company valuations, forecasting, and policy formation for banks, manufacturers, retailers, state owned enterprises, and government agencies in Namibia.
• Cirrus Data (Macroeconomic and Financial Data Platform) Custom data service with dashboards, reports, lookup and API access covering macroeconomic data, asset prices, banking sector statistics, company financials, international data, and Namibia Equity News Service (NENS); subscription-based with plans from free to N$50,000 and an Excel add-in.
• Namibia Government Bond ETF Exchange-traded fund providing Namibian and foreign investors cost-effective, digitally settled exposure to Namibian Government sovereign debt; tracks the S&P Namibia Sovereign Bond 1+ year Top 10 Index; market-making by Absa Capital Securities and Cirrus Securities.
• Cirrus Namibia Capped Dual Listed Equity Index Proprietary price index (priced in NAD) tracking JSE-listed companies dual listed onto the NSX Main Board, with weightings capped at 10% to reduce concentration risk.
• NENS (Namibia Equity News Service) Real-time company announcements and regulatory news for NSX-listed companies including financial results, board changes, and trading statements; delivered through the Cirrus Data platform.
• Investment Advisory Services Investment advisory services for companies in sectors including ICT and infrastructure; co-founder Romé Mostert serves as Chief Investment Officer on the Paratus Namibia Holdings board.
• Cirrus Fund Managers Fund management subsidiary providing managed investment solutions within the Cirrus group, led by Managing Director Jaco Schoombie.
• Carbon Capital (Carbon Credit Investment Services) Carbon credit investment services provided through the Carbon Capital subsidiary of the Cirrus group.

Quantifiable outcome

• N$6.1 billion (US$385m) worth of corporate finance transactions completed
• +3 more outcomes

Named customers6 records

Segments6 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature4 records

Partnerships

Six partnerships are on record, tiered core and supporting.

• Paratus Namibia Holdings Limited (formerly Nimbus Infrastructure)coreImplementation/ SI/ Consulting Partner · 1 January 2017Cirrus Capital listed Nimbus Infrastructure (now Paratus Namibia Holdings) as the NSX's first Pool Company in October 2017. Cirrus Capital acts as investment advisors to the company with focus on ICT companies and ICT infrastructure. Co-Founder Romé Mostert serves as Chief Investment Officer on the company board.
• NewFunds (RF) (Pty) LtdcoreStrategic or Co-development PartnerCollaboration between Cirrus Capital (Pty) Ltd and NewFunds (RF) (Pty) Ltd to create the Namibia Government Bond ETF. The ETF is dual listed on the Namibia and Johannesburg Stock Exchanges, marking a first for Namibia and the region. The partnership brings foreign money into the Namibian bond market and contributes to diversified funding options for the Namibian Government.
• S&P Dow Jones IndicessupportingTechnology or IntegrationS&P Dow Jones Indices creates and maintains the S&P Namibia Sovereign Bond 1+ year Top 10 Index, which the Namibia Government Bond ETF tracks and replicates in local currency.
• Absa Capital Securities (Pty) LtdsupportingChannel Partner/ Reseller/ DistributorMarket maker for the Namibia Government Bond ETF, alongside Cirrus Securities (Pty) Ltd, guaranteeing liquidity on the fund and addressing investor concerns about ability to buy and sell the product.
• Cronje and CompanysupportingImplementation/ SI/ Consulting PartnerLocal law firm that worked alongside Cirrus Capital team during the listing of Nimbus Infrastructure (now Paratus Namibia Holdings) as the first Pool Company on the NSX.
• Paratus GroupsupportingStrategic or Co-development PartnerIndividuals from the Paratus group were involved in the listing process of Nimbus Infrastructure. Following successful acquisition and share swap, Nimbus became Paratus Namibia Holdings.

Scale indicators8 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• Standard Bank Namibia: Standard Bank Namibia is a broad financial services incumbent offering brokerage, advisory, asset management, and corporate finance — a much larger competitor that overlaps with Cirrus across multiple lines.
• Old Mutual Investment Group Namibia: Old Mutual's Namibian investment business offers asset management, wealth advisory, and institutional investment products — comparable to Cirrus Fund Managers and Cirrus Capital on the advisory and fund management side.
• Sanlam Investments Namibia: Sanlam Investments Namibia is a large asset manager and wealth manager operating in the same institutional and retail investment landscape as Cirrus's advisory, fund management, and data offerings.
• PSG Wealth: PSG Wealth is a large South African wealth and investment advisory group; while not Namibian, it is a relevant comparable for Cirrus's investment advisory and capital introduction business model.

Direct peers

• Afrifocus Securities: Afrifocus Securities is a South African/Namibian stockbroking and research firm with overlapping equity research and trading capabilities — a comparable to Cirrus's research-led securities offering.
• Vunani Securities: Vunani Securities is a South African stockbroking and advisory firm with Namibian exposure, offering equity trading and corporate finance — a directly comparable platform to Cirrus's combined securities and advisory business.
• Simonis Storm Securities: Simonis Storm Securities is another of the four active NSX stockbrokers and offers corporate advisory, equity trading, and research services, making it one of the closest direct comparables to Cirrus in the Namibian market.
• IJG Securities: IJG Securities is one of the other active stockbrokers on the Namibia Stock Exchange, providing equity trading, corporate finance, and research — a direct peer to Cirrus Securities across brokerage and advisory.

Emerging players

• NewFunds (RF) (Pty) Ltd: NewFunds is the South African ETF manufacturer that partnered with Cirrus to create the Namibia Government Bond ETF — a directly comparable emerging player in African ETF product manufacturing and a strategic counterparty.

Regional players

• Brait PLC: Brait is a regional investment holding and advisory group with African exposure across consumer and financial services; comparable to Cirrus's holding-company structure and corporate finance mandate across the SADC region.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/cirrus_capital
• Facebookfacebook.com/cirruscapital
• LinkedInlinkedin.com/company/cirrus-capital

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Cirrus Capital