Articles about Lesaka

Lesaka pushes Bank Zero acquisition deadline

The fintech group extends its Bank Zero acquisition deadline to January, pending outstanding regulatory approvals.

Lesaka issues headline earnings correction

The revision stems from the treatment of the “change in fair value of equity securities, net” line item in its Q3 FY2026 results.

SASSA grant beneficiaries fuel Lesaka consumer unit boom

The fintech firm’s growing base of SASSA-linked customers helps drive strong profit growth, as demand for loans and funeral cover increases.

Adumo payment tech exposed, hackers offer data for $7 000

No consumer data was breached after files allegedly containing sensitive payment system data appeared on the dark web, says Adumo.

Lesaka disburses R1bn in loans to social grant recipients

The fintech firm sees an uptick in demand after it increased its loan size from R2 000 to R4 000 and extended the terms from six to nine months.

Financial institutions launch Rand-backed stablecoin

Luno, Sanlam, EasyEquities and Lesaka launch institutional Rand stablecoin ZARU, to enable real‑time blockchain settlement and global trade.

Leadership changes at fintech Lesaka as CEO departs

Chris Meyer will conclude his tenure as Lesaka Group CEO, while Ali Mazanderani assumes the executive chairman role.