Lesaka

Cape Town, South Africa Founded: 1997 • Age: 29 yrs
Bill payments, POS solution and card acceptance solution for consumers and businesses
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About Lesaka

Lesaka is a company based in Cape Town (South Africa) founded in 1997.. The company has 2,530 employees as of June 30, 2025. Lesaka has completed 4 acquisitions, including Bank Zero, Recharger and Touchsides. Lesaka offers products and services including EasyPay, Astron, RMT, iBuys, and EasyPay Loans. Lesaka operates in a competitive market with competitors including Flutterwave, PayU, Network International, Yoco and ACI Worldwide, among others.

  • Headquarter Cape Town, South Africa
  • Employees 2530 as on 30 Jun, 2025
  • Stage Public
  • Sectors
    Financial Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Lesaka Technologies, Inc.
Operational Areas
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
    $328.7 M
    -41.74
    as on Jun 30, 2025
  • Net Profit
    $-87.5 M
    -425.52
    as on Jun 30, 2025
  • EBITDA
    $362.42 M
    1116.26
    as on Jun 30, 2025
  • Latest Funding Round
  • Investors
  • Employee Count
    2530

    as on Jun 30, 2025

  • Investments & Acquisitions
    Bank Zero

    & 3 more

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IPO & Listings of Lesaka

Lesaka is a publicly listed company on the NASDAQ with ticker symbol LSAK in USA, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NASDAQ · Ticker: LSAK . Sector: Technology services · USA

Products & Services of Lesaka

Lesaka offers a comprehensive portfolio of products and services, including EasyPay, Astron, RMT, iBuys, and EasyPay Loans. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Facilitates easy digital payments and transactions for users

Handles customer queries and international support needs

Provides merchant acquiring and payment processing services

Enables online shopping and transaction management for merchants

Offers loan facilities through digital platforms

People of Lesaka
Headcount 500-1000
Employee Profiles 40
Board Members and Advisors 7
Employee Profiles
People
Steven J. Heilbron
CEO, Connect Group
People
Lincoln C. Mali
CEO, Southern Africa
People
Charmaine Hlatshwayo
Group Operational Risk Manager
People
Denzel Landie
Group Chief Risk Officer

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Board Members and Advisors
people
Monde Nkosi
Independent Non-Executive Director
people
Kuben Pillay
Chairman
people
Javed Hamid
Independent Non-Executive Director
people
Ekta Singh - Bushell
Independent Non-Executive Director

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Funding Insights of Lesaka

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investments & Acquisitions by Lesaka

Lesaka has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Bank Zero, Recharger and Touchsides. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Multi-channel payment processing and engagement solutions are offered.
2019
Internet-first bank for individuals & businesses
2016
Shopper insights are derived from real-time in-store data analytics.
2013
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Lesaka

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Lesaka Comparisons

Employees
+
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Competitors of Lesaka

Lesaka operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Flutterwave, PayU, Network International, Yoco and ACI Worldwide, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Provider of payment processing solutions for businesses
domain founded_year HQ Location
Online payment processing and credit solutions are provided for businesses.
domain founded_year HQ Location
Network International is recognized as a leading digital payment provider in the Middle East and Africa.
domain founded_year HQ Location
Payment processing solutions are offered to businesses and merchants.
domain founded_year HQ Location
Digital payments are processed and managed via specialized solutions.
domain founded_year HQ Location
Global e-commerce payment processing and security services are managed.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Lesaka

Frequently Asked Questions about Lesaka

When was Lesaka founded?

Lesaka was founded in 1997.

Where is Lesaka located?

Lesaka is headquartered in Cape Town, South Africa. It is registered at Cape Town, Western Cape, South Africa.

Who is the current CEO of Lesaka?

Lincoln Mali is the current CEO of Lesaka.

How many employees does Lesaka have?

As of Jun 30, 2025, the latest employee count at Lesaka is 2,530.

What is the annual revenue of Lesaka?

Annual revenue of Lesaka is $328.7M as on Jun 30, 2025.

What does Lesaka do?

Lesaka, based in Cape Town, focuses on innovating financial technology, facilitating payment transactions, business payments, and diversified. Bill payments, POS solution and card acceptance solution for consumers and businesses. The company prioritizes operational excellence, innovation, and customer-centric approaches for success.

Who are the top competitors of Lesaka?

Lesaka's top competitors include PayU, Flutterwave and Yoco.

What products or services does Lesaka offer?

Lesaka offers EasyPay, Astron, RMT, iBuys, and EasyPay Loans.

Is Lesaka publicly traded?

Yes, Lesaka is publicly traded on NASDAQ under the ticker symbol LSAK.

How many acquisitions has Lesaka made?

Lesaka has made 4 acquisitions, including Bank Zero, Recharger, and Touchsides.

What is Lesaka's ticker symbol?

The ticker symbol of Lesaka is LSAK on NASDAQ.

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