# FirstRand Limited

> FirstRand Limited is a VC fund backing Financial Services and Credit. See 4 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Johannesburg, South Africa
- Total investments: 4
- Last investment: Nov 2025
- Lead investor: 25%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company-beta/263598/
- X (Twitter): https://www.twitter.com/firstrandcsi
- Website: http://www.firstrand.co.za
- Facebook: https://www.facebook.com/FirstRand-Ltd-250132065001413/

FirstRand Limited is a VC fund in Johannesburg focused on Financial Services and Credit. FirstRand Limited provides banking, insurance and investment products and services to retail, commercial, corporate and public sector customers in South Africa and various African countries. The Company consists of a portfolio of financial services franchises, including First National Bank (FNB), a retail and commercial bank; Rand Merchant Bank(RMB), a corporate and investment bank; WesBank, its installment finance business, and Ashburton Investments, its investment management business

## Contacts

5 contacts available for FirstRand Limited. Shizune tracks 5 team members at FirstRand Limited. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/firstrand-limited?utm_source=investor_profile

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Financial Services | 2 | 50% |
| Credit | 1 | 25% |
| Energy | 1 | 25% |
| Mining | 1 | 25% |
| Banking | 1 | 25% |

12 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Corporate Round | 2 | 50% |
| Post-IPO Debt | 1 | 25% |
| Debt Financing | 1 | 25% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Canada | 1 | 25% |
| Nigeria | 1 | 25% |
| South Africa | 1 | 25% |
| United Arab Emirates | 1 | 25% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Alan Pullinger | CEO | 0 | — |
| Harry Kellan | CFO | 0 | — |
| Jaco Grobler | Chief Risk Officer | 0 | — |
| Prajakta Mhatre | Human Resources Specialist | 0 | — |
| Vimbai Muzofa | Head: Product and Projects | 0 | — |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| PayInc | PayInc connects the South African payments system as the largest automated clearing house in Africa. |  | Corporate Round | Nov 11, 2025 |  |
| Optasia | Optasia is a financial technology company. They develop airtime credit and mobile value-added services for mobile operators and financial institutions. They also provide financial solutions that utilize proprietary analytics tools, including micro cash loans, handset loans, credit services for pre-paid utilities, dynamic feed trends, big dataanalytics, and other related services. | $277.6M | Corporate Round | Oct 27, 2025 |  |
| Asante Gold | Asante Gold Corporation is a gold exploration, development, and operating firm with a strong portfolio of assets in Ghana, Africa's largest and most secure gold producer. Asante is focused on developing high-margin gold projects, such as the Bibiani and Kubi Gold Development Projects, which are located on the lucrative Bibiani and Ashanti GoldBelts. | $325M | Post-IPO Debt | Jun 17, 2025 |  |
| ANOH Gas Processing Company | ANOH Gas Processing Company is a midstream gas company committed to the processing of gas from OML 53 for distribution to the local market. | $260M | Debt Financing | Feb 02, 2021 |  |

4 of 4 investments shown.

## Co-investors
- [Absa](https://shizune.co/investors/profile/absa) — VC Fund, 1 deal together
- Access Bank — VC Fund, 1 deal together
- African Bank — VC Fund, 1 deal together
- Appian Capital Advisory — VC Fund, 1 deal together
- Banco Citibank SA — VC Fund, 1 deal together
- Capitec — VC Fund, 1 deal together

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## FAQ

### What does FirstRand Limited invest in?

FirstRand Limited invests primarily in Financial Services, Credit and Energy startups, most often at Corporate Round and Post-IPO Debt stage. Most of the 4 investments tracked by Shizune back companies in Canada. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### How do I contact FirstRand Limited?

Public channels for FirstRand Limited include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at FirstRand Limited?

The team at FirstRand Limited includes Alan Pullinger (CEO), Harry Kellan (CFO) and Jaco Grobler (Chief Risk Officer). The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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