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Lesaka Technologies Inc (Lesaka) is a financial technology company that specializes in banking, lending, and insurance products, cash management solutions, and payment technologies. The company offers payment acceptance and merchant acquiring platforms, digital wallets, transactional banking accounts, lending, and insurance products, and business-to-business enterprise software solutions. It markets its solutions under the PRISM, EasyPay, and Kazang brand names. The company's solutions are utilized by consumers, small and medium-sized businesses, formal and informal micro-merchants, and large-scale enterprises across Cape Town and Johannesburg in South Africa. It operates in South Africa, Namibia, Botswana, India, Zambia, and Kenya. Lesaka is headquartered in Johannesburg, South Africa.
Headquarters
South Africa
Address
4th Floor, President Place, Cnr. Jan Smuts & Bolton, Johannesburg, Gauteng, 2196
Website
lesakatech.com
Telephone
27 11 3432000
No of Employees
3,728
Industry
Financial Services
Ticker Symbol & Exchange
LSAK (NASD)
Revenue (2025)
$659.7M
16.9%
(2025 vs 2024)
EPS
XYZ
Net Income (2025)
XYZ
-403.2%
(2025 vs 2024)
Market Cap*
$395.5M
Net Profit Margin (2025)
XYZ
-330.4%
(2025 vs 2024)
* As of and is in US$
Lesaka Technologies Inc premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Payment Acceptance and Merchant Acquiring Platforms | Payroll Management Services | PRISM |
| Digital Wallets | Cash Management and Payment Services | EasyPay |
| Transactional Banking Accounts | Transaction Processing Services | Kazang |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Contracts/Agreements | In June, the company signed an agreement to acquire a 100% stake in Bank Zero Mutual Bank. |
| 2025 | Acquisitions/Mergers/Takeovers | In March, the company acquired Recharger (Pty) Ltd. |
| 2024 | Contracts/Agreements | In November, the company signed an agreement to acquire Recharger (Pty) Ltd. |
Competitor Comparison
| Key Parameters | Lesaka Technologies Inc | Visa Inc | Altron Ltd | BankservAfrica Ltd. | Jumo World Ltd |
|---|---|---|---|---|---|
| Headquarters | South Africa | United States of America | South Africa | South Africa | South Africa |
| City | Johannesburg | San Francisco | Johannesburg | Johannesburg | Cape Town |
| State/Province | Gauteng | California | Gauteng | Gauteng | Western Cape |
| No. of Employees | 3,728 | 31,600 | 4,329 | - | - |
| Entity Type | Public | Public | Public | Private | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Ali Mazanderani | Chairman | Executive Board | 2024 | 43 |
| Dan L. Smith | Director; Chief Financial Officer | Executive Board | 2024 | 53 |
| Naeem E. Kola | Chief Operating Officer; Director | Executive Board | 2024 | 52 |
| Akash Dowra | Chief Strategy Officer | Senior Management | 2025 | - |
| George Roussos | Chief Executive Officer - Consumer Division | Senior Management | 2023 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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