Lesaka Technologies Inc. is a South African financial technology company that offers a range of banking, lending, and insurance products to consumers and cash management solutions, bill payment technologies, value-added services, business funding, and card acquiring solutions to formal and informal retail merchants in Southern Africa. The company began its journey as Lesaka in 1997 and acquired the Connect Group in 2022, marking a significant milestone in its growth and development. Under the leadership of a new team with extensive international experience, Lesaka has undergone a comprehensive strategic review and rebranded itself to signify a new era for the group.
The name "Lesaka," which means "kraal" in seSotho and seTswana, reflects the company's commitment to building and protecting the financial wellbeing of the customer and merchant communities it serves. With a mission to champion financial inclusion for consumers and merchants, Lesaka is dedicated to providing superior solutions and opening new possibilities for underserved markets. The company is deeply aware of its responsibility to fight for the financial inclusion of all South Africans, and this awareness drives its choices and actions.
The most recent investment in Lesaka Technologies Inc. was a Private Equity Round investment at 01 January 2020, with Value Capital Partners as the investors.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Private Equity Round | Unknown | 1 |
|
01 Jan 2020 |
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