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Lesaka Technologies, Inc.
Lesaka Technologies, Inc. is a prominent financial technology firm specializing in delivering essential fintech solutions to individuals and small businesses who are either unbanked or underbanked. While its primary focus is on South Africa, the company also serves international markets. Central to its strategy, Lesaka develops advanced payment technologies designed to facilitate a wide array of financial and value-added services for its diverse customer base. The company's operations are strategically divided into three core segments: Processing, Financial Services, and Technology. The Processing segment handles the end-to-end management of transaction data, including its collection, secure transmission, and efficient retrieval for clients. Through its Financial Services segment, Lesaka offers direct financial products such as bank accounts, various loan types (including short-term credit), and life insurance options. The Technology segment is responsible for the sale of hardware like point-of-sale (POS) devices, SIM cards, and other critical consumables, in addition to licensing the company's proprietary technology and providing associated technical services. Originally incorporated in 1997, the company, headquartered in Johannesburg, South Africa, was formerly known as Net 1 UEPS Technologies, Inc. It officially adopted the name Lesaka Technologies, Inc. in May 2022.
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Lesaka Technologies, Inc. at a glance
Lesaka Technologies, Inc. is a fintech company headquartered in Johannesburg, South Africa. It is publicly listed (LSAK) with a market capitalisation of $371.5M. Xcout tracks 29 named people at Lesaka Technologies, Inc., including Lincoln Camagu Mali (Chief Executive Officer of Southern Africa & Director).
Lesaka Technologies, Inc. leadership
- Lincoln Camagu MaliChief Executive Officer of Southern Africa & Director
- Basie KokChief Executive Officer of Enterprise Division
- George RoussosChief Executive Officer of Consumer Division
- Kagiso KhaoleCEO of the Merchant Division
- Lincoln C. MaliChief Executive Officer Southern Africa
- Naeem Ebrahim KolaGroup Chief Operating Officer
23 more named people on record for Lesaka Technologies, Inc., with roles, board committees and tenure — see the full roster →
Lesaka Technologies, Inc. competitors
A few of Lesaka Technologies, Inc.'s closest competitors — see the full list of competitors and alternatives →
Moniepoint is a financial technology company that provides an all-in-one platform for business and personal banking, payment processing, credit, and business management tools. It serves millions of individuals and businesses in emerging markets, offering infrastructure for digital payments, loans, expense management, and point-of-sale transactions.
PagSeguro Digital Ltd., together with its subsidiaries, engages in the provision of financial and payment solutions for consumers, individual entrepreneurs, micro-merchants, and small and medium-sized companies in Brazil and internationally. It provides digital banking solutions, including deposits, top-ups, debt management services, tax collections, wire transfers, ATM withdrawals, and various online and point-of-sale (POS) payment solutions; cards, such as debit, credit, cash, and prepaid cards; and credit products comprising FGTS withdrawals, payroll loans, working capital loans, and overdraft accounts. The company offers insurance services, including account, card, home, business, health assistance, life, and credit life insurance; investment services, such as investment and portfolio advisory, financial education, brokerage, fund management, treasury, and research services; and operates Shopping PagBank, a marketplace for various brands. In addition, it provides software solutions comprising PagVendas, a POS software app; ClubPag, a marketing tool that allows merchants to advertise across client base, available for POS devices; and PlugPag, a wireless solution that connects the machine to the commercial automation system, via Bluetooth technology. The company was founded in 2006 and is headquartered in São Paulo, Brazil.
NewtekOne, Inc. operates as a financial holding firm, specializing in delivering a comprehensive suite of business and financial solutions. Its diverse portfolio encompasses several key brands, including Newtek Bank, Newtek Lending, Newtek Payments, Newtek Insurance, Newtek Payroll, and Newtek Technology. Barry Sloane founded the company in 1998, and it maintains its corporate headquarters in Boca Raton, Florida.
Established in Dallas, Texas, in 2008, UPAY, Inc. delivers a range of software solutions and services, with a primary focus on the lending industry. The company's core product is the Automated Credit Provider Administration System (ACPAS), a web-based platform for client and loan management, specifically designed for registered lenders operating in South Africa. UPAY also provides a cloud-based loan origination system, enabling its customers to efficiently issue loans, retail various products, manage bill payments, or process recurring subscriptions under defined terms. Complementing its software offerings, the company develops custom websites for clients, resells credit bureau information, acts as an agent for a registered insurance carrier, and serves as a third-party payment processor for debit order transactions. Furthermore, UPAY undertakes custom software development projects and offers general administrative staffing support to a diverse clientele, including businesses with physical branches and those operating entirely online lending platforms.
M-PESA Africa was established in 2020 as a joint venture between Safaricom and Vodacom Group to accelerate platform development and synchronize product roadmaps. It is a financial services company operating in several African countries, including Kenya, Tanzania, and Ghana.
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More on Lesaka Technologies, Inc. in Xcout Intel
- 29 named people with titles, LinkedIn and board committees
- 2 corporate events with sources — deals, leadership changes, layoffs
- The full competitor set, tracking, exports and API access