The fintech firm rebrands Kazang Insights, while expanding its data analytics strategy across informal retail, payments and hospitality.
Sizekhaya prepares a digital overhaul of the lottery ecosystem, introducing QR-based play, instant online games, AI-driven security and a user-friendly interface.
The deal will combine Lesaka’s reach with Bank Zero’s tech and expertise for greater financial inclusion, says Lesaka CEO Lincoln Mali.
ITWeb TV: Why Lesaka Technologies is buying Bank Zero | Ep #126
In this episode of ITWeb TV, Lincoln Mali, CEO of Lesaka Southern Africa, talks about how the company grew from a struggling operation to a fintech powerhouse, and how its acquisition of Bank Zero will unlock new digital banking opportunities for customers.
The association’s 2026 targets include driving fair access, real-time payments and inclusive digital growth in SA’s payments sector.
The regulatory authorisations clear Lesaka’s Bank Zero acquisition and Vodacom’s 30% stake purchase in fibre group Maziv.
The Competition Commission believes the transaction is unlikely to substantially lessen or prevent competition in any market.
Cash remains the dominant payment method in South Africa, although digital alternatives are gaining ground.
The fintech group delivers robust first quarter growth, driven by momentum in its consumer, merchant and enterprise businesses.
The fintech group delivers strong top-line and operational growth despite widening losses as it looks to conclude the Bank Zero deal in 2026.
The fintech firm announces key executive appointments within its merchant division and at group level.
The fintech group agrees to a transaction consideration of up to R1.1 billion for the acquisition of the South African digital bank.
The company anticipates the South African Reserve Bank’s mooted move to open the payments market to non-banking players.