Praxis Financial Services Proprietary Limited

Stellar Capital Partners Limited is currently invested in 37% of the issued ordinary shares of Praxis Financial Services Proprietary Limited (“Praxis”).

Praxis is a leading provider of short term finance to the panel beating industry which provides a unique offering to address the working capital requirements of motor body repairers. This is achieved primarily through the funding of parts for repairs to insured vehicles. The business also provides an information technology platform to enable the seamless interaction between motor body repairers, parts suppliers and insurers within the industry and aims to ultimately institutionalise this funding market in South Africa.

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