The conclusion of the Adumo acquisition comes with changes to Lesaka Technologies’ executive structure.
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Forthcoming regulatory changes will allow fintech companies to act more like banks, according to Lesaka Technologies.
JSE- and Nasdaq-listed Lesaka Technologies has grown full-year revenue by 11% to R10.6-billion.
JSE-listed and Nasdaq-listed Lesaka Technologies has announced big changes at executive and board level.
Lesaka’s R1.6-billion buyout of payments platform Adumo has been given the green light by regulators.
Lesaka Technologies is buying payments platform Adumo for R1.6-billion in cash and shares, pending approvals.
Promoted | Biometrics-enabled ATMs are key in promoting more secure retail environments, according to Lesaka Technologies’ Cash Connect.
Banking group Absa said the time is ripe for African fintech firms to consider public listings at home.
Lesaka Technologies has bought Touchsides, a data analytics and merchant services company, from Heineken.
Retailers are not obliged to accept cash as a means of payment, even though it is defined as legal tender.