E-HAILING PLATFORM
20% more profitable per CCS-funded vehicle.
What happens when the right lender looks at the asset, not the balance sheet.
SA’s first NPTR registered e-hailing platform
CLIENT STORY · WANATU
Anton and Gustav Grotius built Wanatu on a premise most e-hailing operators avoid: own the fleet, employ the drivers, control the service. Cameras in every vehicle. Panic buttons in the app. A 24/7 control room. Consistent, branded, accountable service.
Looking Beyond the Balance Sheet
Delivering on that proposition required financing the fleet. Banks assessed their startup balance sheet and said no. CCS assessed the vehicles, the operating model, and the demonstrable revenue trend.
CCS provided asset-backed vehicle finance secured against the fleet itself.
1
Every Vehicle Generates Income
Each vehicle is an identifiable, income-generating asset: it generates revenue on every trip, that revenue services the rental, and the rental flows back through the platform.
2
The Outcome Is Measurable
The vehicles Wanatu acquired through CCS are 20% more profitable per vehicle than any other financing model in their fleet. That gap, the difference between owning an asset and renting it, is the structural consequence of asset-backed ownership financing.
In February 2026, Wanatu became the first e-hailing platform in South Africa to receive national NPTR registration, ahead of Uber and Bolt.
From Operational Cash Flow to Investor Returns
The case for floating-rate income notes rests on income that does not require a favourable macro environment to originate. The Wanatu transaction illustrates this directly. The income stream is not correlated to listed equity markets, not dependent on consumer sentiment, and not subject to interest rate repricing risk. It requires Wanatu to move passengers in the Pretoria and Centurion area every day. Which they do.
The CCS Income Notes aggregate this kind of contractual, operational cash flow across five hundred transactions, in industries across South Africa, at Prime plus 3% per annum.
Prime +3%
CCS Income Note return
~0.25%
CCS historical default rate
Gustav Grotius, Systems & Logistics, Wanatu
“ The difference with CCS was that they were interested in the operational and historical context. They were excited about the trend of the financials with that context in mind. They could actually look at the whole model and see the potential. ”
Four businesses. Four industries. One model.
Each business in this series illustrates a different structural quality of the CCS model. Together they constitute the track record behind the CCS Income Notes.
Speciality coffee shops
Mobile pet grooming. 9,000 dogs a month.
Co-working office space. Pretoria.
CCS Income Notes.
Prime +3% per annum.
Paid monthly. Invest from R5,000.
Issued under a registered prospectus.
This page does not constitute financial advice. Please read the prospectus before investing.