South African Fintech Lesaka Acquires Bank Zero for $61.4M
Lesaka Technologies is doubling down on South Africa’s fintech boom, agreeing to acquire Johannesburg-based neobank Bank Zero for ZAR 1.091 billion ($61.4 million). The deal merges digital banking with Lesaka’s fintech muscle, aiming to supercharge innovation and service delivery. What’s happening Lesaka, through its subsidiary Lesaka Technologies Proprietary Limited, will fund the acquisition with ~12% […] The post South African Fintech Lesaka Acquires Bank Zero for $61.4M appeared first on Tech Labari.
Lesaka Technologies is doubling down on South Africa’s fintech boom, agreeing to acquire Johannesburg-based neobank Bank Zero for ZAR 1.091 billion ($61.4 million). The deal merges digital banking with Lesaka’s fintech muscle, aiming to supercharge innovation and service delivery. What’s happening Lesaka, through its subsidiary Lesaka Technologies Proprietary Limited, will fund the acquisition with ~12% […]
The post South African Fintech Lesaka Acquires Bank Zero for $61.4M appeared first on Tech Labari.
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