Capricorn Private Wealth
Capricorn Private Wealth is a Namibian private banking and wealth management division operated jointly by Bank Windhoek Limited and Capricorn Asset Management under the Capricorn Group. It serves high-net-worth individuals across Namibia through dedicated Private Bankers, Wealth Managers, and online banking platforms.
- Company typePrivate
- Founded2018
- HeadquartersWindhoek, Namibia
- Headcount11–50
- GTM typeB2C
- OfferingServices
What Capricorn Private Wealth does
Capricorn Private Wealth is a Namibian private wealth management division that operates as a combined offering of Bank Windhoek Limited (Reg. No. 79/081) and Capricorn Asset Management (Pty) Ltd (Reg. No. 2005/648), both subsidiaries of the Capricorn Group. It serves high-net-worth individuals, private banking clients, and wealth management clients in Namibia through relationship-based advisory provided by dedicated Private Bankers, Wealth Managers, and a Fiduciary Specialist. The team is distributed across Windhoek (headquarters), Ongwediva, Swakopmund, and Walvis Bay, with mobile coverage in additional regions. A dedicated Young Professionals Private Banker role signals an emerging-affluent segmentation strategy.
The core technology stack is a conventional, regulated online banking infrastructure. Clients access accounts through the iBank internet banking platform (legacy and new versions), the EPaC electronic payment interface for internal and external transfers and electronic debtor collections, and a Bureau Upload Facility for bulk EFT processing. Multi-factor authentication is delivered via SMS-based one-time PINs and an optional E-Secure hardware token, with SMS and email notification alerts on account activity. Investment services are administered through Capricorn Asset Management's online Investment Platform at cam.com.na, which provides online account access with real-time SMS PIN delivery. The platform integrates with the Payment Clearing House of Namibia (Namclear) for interbank EFT clearing.
The business model combines relationship-led acquisition with self-serve digital servicing. Revenue is generated through a mix of subscription and transaction-based fees on private banking services, professional services fees on wealth management and fiduciary advisory, and transaction fees on internet banking, EPaC payments, and bureau upload processing. Specific pricing is not publicly disclosed; fees are stated to be subject to amendment by the Bank. Customer acquisition is primarily through the Capricorn Group's network of cross-referrals between Bank Windhoek, Capricorn Asset Management, and Capricorn Private Wealth, supplemented by direct relationship management. The division is not a separately listed entity, does not raise external capital, and operates exclusively within Namibia.
Capricorn Private Wealth firmographics
Firmographics- Name
- Capricorn Private Wealth
- Legal name
- Capricorn Private Wealth (a combined offering of Bank Windhoek Ltd and Capricorn Asset Management (Pty) Ltd)
- Website
- https://capricornprivatewealth.com.na
- Company type
- Private
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Capricorn Private Wealth is a Namibian private banking and wealth management division operated jointly by Bank Windhoek Limited and Capricorn Asset Management under the Capricorn Group. It serves high-net-worth individuals across Namibia through dedicated Private Bankers, Wealth Managers, and online banking platforms.
- Ownership category
- akta.pro rank
Capricorn Private Wealth industry classification
Industry- Product category
- Private Banking
- NAICS
- Portfolio Management and Investment Advice (523940), Portfolio Management and Investment Advice (52394), Other Investment Pools and Funds (5259)
- SIC
- State Commercial Banks (6022)
- akta.pro primary industry
- High-Net-Worth (HNW) Private Banking (FSABADAB)
- akta.pro secondary industries
- Private Banking Advisory & Discretionary Portfolio Management (FSABADAD), Onshore Private Banking (Domestic HNW/UHNW) (FSAAABAA), High-Net-Worth & Private Wealth Digital Platforms (Digital Private Banking) (FSAGAEAI)
Keywords
Where Capricorn Private Wealth is headquartered
LocationHeadquarters
- HQ city
- Windhoek
- HQ country
- Namibia
- HQ region
- Africa
Offices3 records
Markets served
Capricorn Private Wealth business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Private Banking Services: Comprehensive banking and financial services for high-net-worth individuals and businesses, including account management, fund transfers, and payment processing through their online banking platform.
- Wealth Management Services: Fiduciary services and wealth management advisory provided through Capricorn Asset Management, focusing on wealth creation, preservation, and protection.
- Transaction and Fee-based Income: Fees charged for internet banking services, EPaC transactions, bureau upload facilities, and third-party payment processing.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Banking services fee structure |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels3 records
Capricorn Private Wealth product offering
Product offeringCore offering
Capricorn Private Wealth is a combined offering of Bank Windhoek Ltd and Capricorn Asset Management (Pty) Ltd that provides integrated private banking, wealth management, and investment services to high-net-worth individuals and businesses in Namibia. Services include dedicated relationship management via Private Bankers and Wealth Managers, electronic payment processing through the EPaC interface, online banking via the iBank platform, and online investment account management.
Product overview
Capricorn Private Wealth is a combined offering of Bank Windhoek Ltd and Capricorn Asset Management (Pty) Ltd, providing integrated private banking and wealth management services. The product portfolio includes Personal and Business Banking Services as core offerings, supplemented by Bank Windhoek Internet Banking (EPaC) for electronic payments and transfers, Online Banking platforms including Old iBank and New iBank, Bureau Upload Facility for bulk electronic fund transfers, and an Investment Platform managed by Capricorn Asset Management. Client services are delivered through dedicated Private Bankers (providing banking and finance solutions) and Wealth Managers (specializing in wealth creation, preservation, and protection).
Differentiator
Problem solved
Functional benefit
Products and services
- Personal Banking Services
- Business Banking Services
- Online Banking (iBank)
- Investment Platform
- Wealth Management Advisory
Companies that use Capricorn Private Wealth
Customer profileSegments5 records
Ideal customer profiles2 records
Capricorn Private Wealth technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Capricorn Private Wealth partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core.
- Bank Windhoek Ltd (Reg. No. 79/081)coreCapricorn Private Wealth is a combined offering between Bank Windhoek Ltd and Capricorn Asset Management. Bank Windhoek provides the banking infrastructure, internet banking platform, and traditional banking services including EPaC payments, fund transfers, and account management services.
- Capricorn Asset Management (Pty) Ltd (Reg. No. 2005/648)coreCapricorn Asset Management provides investment management expertise, the investment platform (www.cam.com.na), and wealth management services including fiduciary services. The Administrator of the Investment Platform Terms & Conditions is Capricorn Asset Management.
- Capricorn GroupcoreCapricorn Private Wealth is a member of the Capricorn Group, which also includes Bank Windhoek, Capricorn Asset Management, and Bank Gaborone. The Group provides institutional backing and shared brand identity.
Scale indicators1 record
Recent moves6 records
Expansion highlights5 records
Capricorn Private Wealth competitors and assessment
Company assessmentBroad incumbents
- Stonehage Fleming: Stonehage Fleming is a global independent wealth manager with multi-family-office and advisory capabilities, frequently used by Southern African HNW families for cross-border planning — a relevant reference point for Capricorn Private Wealth's fiduciary and wealth-preservation positioning.
- RMB Private Bank (FirstRand): RMB Private Bank is a South African private bank serving HNW and UHNW clients with discretionary portfolio management and lending; relevant benchmark for Capricorn Private Wealth's advisory and fiduciary ambitions.
- Investec Private Bank: Investec's Private Bank serves HNW and UHNW clients in South Africa and selected international centres with integrated banking, lending and wealth management, providing a benchmark for Capricorn Private Wealth's relationship-driven model.
Direct peers
- Sanlam Private Wealth: Sanlam Private Wealth offers discretionary portfolio management, financial planning and wealth structuring across Southern Africa, competing with Capricorn Asset Management for the same HNW advisory mandates.
- Old Mutual Wealth (Old Mutual Investment Group): Old Mutual Wealth provides investment and wealth advisory solutions to affluent and HNW clients in Southern Africa, with comparable unit-trust, advisory and fiduciary capabilities to Capricorn Private Wealth.
- FNB Namibia (Private Banking): First National Bank Namibia's private banking division serves HNW clients in Windhoek and across Namibia with dedicated bankers and wealth offerings, directly competing with Capricorn Private Wealth for the same domestic HNW segment.
- Standard Bank Namibia (Wealth and Investment): Standard Bank Namibia's wealth and investment unit provides private banking, advisory and investment services to Namibian HNW clients and corporate clients, overlapping closely with Capricorn Private Wealth's offering.
- Nedbank Namibia (Private Wealth): Nedbank Namibia offers private banking and wealth advisory for affluent individuals and businesses in Namibia, competing head-to-head with Capricorn Private Wealth's relationship-led HNW proposition.
Regional players
- Standard Chartered Private Bank: Standard Chartered's Private Bank serves HNW and UHNW clients across Africa and emerging markets with cross-border wealth structuring, representing the international competitor likely to capture top-end Namibian clients.
Others
- Bank Windhoek: Sister entity within Capricorn Group providing the underlying banking platform, iBank and EPaC infrastructure that Capricorn Private Wealth wraps with dedicated relationship management; comparable in capability but not a private wealth competitor.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Capricorn Private Wealth social profiles
Digital presenceCapricorn Private Wealth financial estimates
Financial estimateRevenue estimate
Valuation estimate
Capricorn Private Wealth leadership team
Management profileNumber of profiles
Profiles6 records
Capricorn Private Wealth funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Capricorn Private Wealth M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Capricorn Private Wealth
What does Capricorn Private Wealth do?
Capricorn Private Wealth is a combined offering of Bank Windhoek Ltd and Capricorn Asset Management (Pty) Ltd that provides integrated private banking, wealth management, and investment services to high-net-worth individuals and businesses in Namibia. Services include dedicated relationship management via Private Bankers and Wealth Managers, electronic payment processing through the EPaC interface, online banking via the iBank platform, and online investment account management.
Is Capricorn Private Wealth a public or private company?
Capricorn Private Wealth is a private company. It is classified as corporate owned and is currently operating.
When was Capricorn Private Wealth founded?
Capricorn Private Wealth was founded in 2018. It employs 11 to 50 people.
Where is Capricorn Private Wealth based?
Capricorn Private Wealth is headquartered in Windhoek, Namibia, in the Africa region.
How does Capricorn Private Wealth make money?
Three revenue lines are on record. Private Banking Services are the primary driver. The others are wealth Management Services and transaction and Fee-based Income.
Who are Capricorn Private Wealth's main competitors?
Broad incumbents on record are Stonehage Fleming, RMB Private Bank (FirstRand) and Investec Private Bank. Direct peers are Sanlam Private Wealth, Old Mutual Wealth (Old Mutual Investment Group), FNB Namibia (Private Banking), Standard Bank Namibia (Wealth and Investment) and Nedbank Namibia (Private Wealth). Standard Chartered Private Bank is listed as a regional player. Bank Windhoek is listed as an others.
Does Capricorn Private Wealth have an API?
No public API is recorded for Capricorn Private Wealth.
What industry is Capricorn Private Wealth in?
Capricorn Private Wealth's product category is Private Banking. Its primary akta.pro industry code is FSABADAB, High-Net-Worth (HNW) Private Banking, with a secondary code of FSABADAD, Private Banking Advisory & Discretionary Portfolio Management. Its NAICS code is 523940 and its SIC code is 6022.