Lesaka - Where You Are
About us

About us

Lesaka is a leading fintech in Southern Africa – empowering consumers and merchants to fulfil their potential by delivering innovative financial and business services.

What we do
With our full-service fintech platform in our connected ecosystem, we facilitate the digitisation of commerce, enabling customers to:
PayReceiveBorrowInsureGrow

Personal

We offer a transactional banking account, loans and insurance to over 2 million customers across South Africa. We facilitate the disbursement of rewards, incentives, grant, and expense payments to employees of over 500 companies through our Lesaka Payouts platform. Our EasyPay bill payment platform processes more than 12 million transactions for customers and billpayers every month.

Explore Personal

Merchant

Our comprehensive merchant solution provides merchants with card acquiring, cash management, business funding, software and prepaid services. We service in excess of 100,000 Community merchants operating in township ecosystems, and 25,000 Corporate merchants in formal markets.

Explore Merchant

Enterprise

We enable large organisations with payment and transaction technology to sell and manage high-volume digital and prepaid products at scale. Our cryptographic hardware and software secures and enables millions in financial value every day, while our prepaid metering solutions power the largest vending network in South Africa.

Explore Enterprise
2M+Active consumers
130 000+Community & corporate merchants
750+Enterprise clients

We are publicly listed

View investor relations

Primary listing

NASDAQ: LSAK

NASDAQ

Secondary listing

JSE: LSK

Johannesburg Stock Exchange

Our story & key milestones

Lesaka was launched with a clear purpose: to build South Africa's leading fintech platform and advance financial inclusion for underserved consumers and merchants.

2021

The strategy

Our largest shareholder, Value Capital Partners, together with our current Executive Chairman, Ali Mazanderani, outlined the strategy to create a scaled, sustainable financial services platform capable of delivering inclusive, technology-enabled solutions across Southern Africa.

2022

Connect Group

Acquired the Connect Group, including Kazang, for R3.67 billion. This transaction added significant scale in informal and township markets and expanded our merchant offering to include acquiring, lending, cash solutions, and alternative digital payments.

 

Official launch

Lesaka officially launched, coinciding with the acquisition of the Connect Group, a transaction that significantly accelerated our growth, bringing almost 50,000 community and formal market merchants into the group. Combined with approximately 1.1 million active consumers, Lesaka established an ecosystem serving both the everyday consumer and merchant.

2024

Touchsides

Acquired Touchsides, a data analytics and merchant services business, from Heineken International. Touchsides added more than 6,000 tavern customers and enhanced Lesaka's platform with advanced data and software capabilities.

 

Adumo

Acquired Adumo, South Africa’s largest independent payment solutions provider, for R1.3 billion. Adumo expanded Lesaka’s SME corporate merchant presence by over 23,000 active customers, strengthened geographic reach, and added industry-leading hospitality software solutions through the GAAP platform. 

2025

One Lesaka was launched 25 Nov 2025

“One Lesaka” was launched - a unified brand identity that takes the Group beyond the sum of its parts - a challenger brand, combining digital reach with human touch, being present where others are not, and leaving a positive imprint wherever it goes.

 

Recharger

Acquired Recharger, a prepaid electricity sub‑metering and payments business, for R507 million. With a base of over 460,000 registered prepaid electricity meters, the acquisition marked a pivotal step in scaling Lesaka’s Enterprise Division. 

 

Bank Zero (Proposed)

Announced the proposed acquisition of Bank Zero, a South African neobank, for R1.1 billion. Bank Zero brings a modern, low‑cost, in‑house technology stack, with Lesaka contributing scale, distribution, and a broad customer base. The transaction has received Competition Tribunal approval and is awaiting Prudential Authority approval, with completion expected in H2 2026.

Key acquisitions

Our Story

A human-first technology company

Guided by our brand promise "Where you are", we work closely with our customers to understand their world and build solutions around their needs. These are the values that guide how we show up:

Integrity

Join a team that shows up

Lesaka employs over 4,000 staff across multiple countries, with over 60% directly involved in understanding customers' needs and delivering services tailored to them.

4,000+Staff employed
5Countries where we operate
Ali MazanderaniLincoln C. MaliDan SmithSteven J. Heilbron

Meet our leadership

The executive team and board guiding Lesaka's mission to expand financial access across Southern Africa.

View leadership