The Picsa idea started in 2012, when one of our founding directors began looking for practical solutions to the financial challenges faced by his farm employees. There was nothing on the market that suited the unique needs of a majority labour-intensive workforce. So began the early version of Picsa – a simple social initiative in the form of a stokvel, operating on this single South African farm. Neighbouring farms became interested and joined up, and so the association grew. Today, Picsa is a commercial financial health company, serving clients in a range of industries – from agriculture and manufacturing to retail, hospitality and leisure.
“By minimising our revenue from product sales, we're never incentivised to push for sales. This approach means we align ourselves chiefly with our client's financial health.” Paul Kim, CEO
We take the pain and confusion out of taking the first step towards financial health. With simplified choices, easy sign-ups and effortless transacting, the hurdles to good financial health are so much smaller.
Our deductions come straight off the payroll. Which means no extra debit order fees or debit order rejections.
Nobody can save or realistically dream if they are riddled with debt. We tackle the debt-trap in a responsible way – and we never push our loan solutions.
Employers play a crucial facilitator role, connecting their employees to our simple financial health solutions.