Who owns Money Market?
Money Market is owned by Shoprite Group (South Africa, JSE: SHP).[1]
This ownership is reported in official statements but has not yet been matched to a regulatory filing.
Evidence: Shoprite Holdings Limited Integrated Report 2025, 1 October 2025. Last checked .
Key facts
- Current owner
- Shoprite Holdings Limited reported
- Owner HQ
- 🇿🇦 South Africa, Brackenfell, Cape Town
- Origin
- 🇿🇦 South Africa
- Founded
- 1998
- Category
- Internet & digital › Digital services › Payments
- Parent ticker
- JSE: SHP
- Last verified
- · 1 sources
About Money Market
Money Market is the financial services counter the group has run inside its supermarkets since 1998, available in Shoprite, Usave, Shoprite Cash and Carry, Checkers and some franchise stores. Customers use it to pay bills, collect government grant payments, send cash and vouchers, and buy airtime, data and prepaid electricity; funeral and pet insurance are sold there too, in partnership with OUTsurance.
Ownership timeline of Money Market
- Current owner Shoprite Group [1] reported
Where Money Market sits in Shoprite Group
Controlling ownership as of . Brands grouped under the entity that owns them; large groups are collapsed.
Open the full Shoprite Group ownership tree →
See the full Shoprite Group brand portfolio (19) →
Other brands owned by Shoprite Group
Shoprite Group controls 19 brands on Brandtree, 2 of them in internet & digital.
Also in internet & digital
- Checkers Sixty60 (2019)
Founded in the 1990s
- Medirite (1999)
Other brands in payments, and who owns them
The 38 brands in payments on Brandtree belong to 21 owners. The largest is PayPal, with 4.
| Brand | Owner | Owner based in |
|---|---|---|
| GoPay | GoTo | 🇮🇩 Indonesia |
| Kaspi Alaqan | Kaspi.kz | 🇰🇿 Kazakhstan |
| Braintree | PayPal | 🇺🇸 United States |
| Afterpay | Block | 🇺🇸 United States |
| Rakuten Card | Rakuten | 🇯🇵 Japan |
| AzamPay | Bakhresa | 🇹🇿 Tanzania |
| GrabPay | Grab | 🇸🇬 Singapore |
| Mercado Crédito | MercadoLibre | 🇺🇾 Uruguay |
About the owner: Shoprite Group
Shoprite Group is a publicly listed company headquartered in Brackenfell, Cape Town, South Africa, founded in 1979. Brandtree records 19 brands under its control, and it is listed as JSE: SHP.
The Shoprite Group is the largest retailer in Africa and the largest private sector employer in South Africa, with revenue of R252.7 billion and 168,939 employees in the year to June 2025. It began in 1979 when PEP Stores bought a grocery company of eight stores, called Shoprite, from the Rogut family, and now trades from 3,478 stores including franchises, segmenting the South African market between distinct supermarket banners rather than running one. It has been narrowing that focus: its two furniture chains are held for sale, and its Ghanaian and Malawian operations are classified as discontinued.
Shoprite Group: full profile, brands and acquisition history →
🇿🇦 Money Market and other South African brands
Brandtree records a controlling owner for 175 brands that began in South Africa. 12 of them (7%) are now controlled by a company headquartered in another country; Money Market is not one of them.
- Showmax — Canal+ 🇫🇷
- WooCommerce — Automattic 🇺🇸
- @home — TFG 🇿🇦
- Ackermans — Pepkor 🇿🇦
- Afrocentric — Sanlam 🇿🇦
- Airlink — Airlink 🇿🇦
Frequently asked questions
Who is the parent company of Money Market?
The parent company of Money Market is Shoprite Group, a publicly listed company headquartered in South Africa.
Is Money Market South African?
Yes. Money Market originated in South Africa in 1998 and its owner, Shoprite Group, is also headquartered in South Africa.
Is Money Market still owned by Shoprite Group?
Yes. As of 23 September 2026, Money Market is still owned by Shoprite Group. The ownership record was last checked against primary sources on that date.
Sources (1) & corrections
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.
- [1] Shoprite Holdings Limited Integrated Report 2025 — Shoprite Holdings Limited, Annual report, published 1 October 2025; retrieved 23 September 2026.
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