Lesakas - eriinfo

Lesaka’s R1.1bn bid for Bank Zero gets green light

eriinfo.com9 hours ago03 mins

Based on a zero-fee banking model, Bank Zero launched to the public in August 2021. The Competition Commission has recommended that the Competition Tribunal approves the proposed transaction whereby Lesaka intends to acquire Bank Zero, without conditions. This, after fintech group Lesaka Technologies in June announced it will acquire 100% of the issued ordinary shares…

Lesaka’s fintech platform deepens its reach in South Africa’s townships

eriinfo.com3 weeks ago011 mins

Lesaka Technologies has rapidly emerged as a vital fintech enabler in Southern Africa, with its strategic focus on township economies attracting national attention. Building on its broader market ambitions, the company is now demonstrating tangible impact at street and store level among consumers, traders and township entrepreneurs. Lesaka currently serves over 90 000 micro merchants and…