Lesaka Technologies (LSAK)
Provides banking, payments, software, cash, and digital-product services across Southern Africa.
Something off on this page? Send us feedback.
Three divisions serve consumers with banking, lending and insurance; merchants with acquiring, software, cash and alternative digital products; and enterprises with payment, utility and digital-product networks. Physical distribution and digital engagement extend the platform into townships and rural areas.
Brings together Merchant, Consumer and Enterprise divisions. Consumer offers transactional banking, lending and insurance, while Merchant supplies acquiring, lending, software, cash and alternative digital products to community and corporate merchants. Enterprise provides alternative digital products, utilities and payments, including prepaid-electricity administration and payment processing.
The platform pairs physical distribution with digital engagement, particularly in townships and rural areas across Southern Africa. Merchant is integrating businesses and unifying the offering under One Lesaka, while acquisitions such as Adumo and Recharger have broadened payment software and utility capabilities. Operations depend on regulated payment, lending, insurance and banking activities, integration across acquired platforms, physical distribution and required approvals for the conditional Bank Zero transaction.
Company facts
Target rangeAs of Sep 21, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Sep 14, 2026 | Jefferies | Reiterate | Rating: —Target: — | Target: $7.56 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $1.34B · Total debt $255.1M · Total assets $699.3M · Shareholders' equity $284.3M
- Revenue
- $188.3M
- Operating income
- $7.8M
- Net income
- $3.2M
No dividends on record.
| Institutions | 25.26% | 21.68M shares | |
|---|---|---|---|
| 45 holders · as of Jun 30, 2026 | |||
| Insiders | 4.33% | 3.71M shares | |
| 4 holders · as of Sep 17, 2026 | |||
| Strategic holders | 3.81% | 3.27M shares | |
| 1 holder · as of Apr 16, 2026 | |||
| Other | 66.60% | 57.16M shares | |
| remainder | |||
85.82M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Morgan StanleyInstitution | 5.98% | 5.14M | as of Jun 30, 2026 |
Goldman Sachs Group IncInstitution | 5.89% | 5.05M | as of Jun 30, 2026 |
Rathbones Group PLCInstitution | 4.26% | 3.66M | as of Jun 30, 2026 |
International Finance Corp1Strategic10 percent owner | 3.81% | 3.27M | filed Apr 16, 2026 |
Hosking Partners LLPInstitution | 3.17% | 2.72M | as of Jun 30, 2026 |
- International Finance Corp reports a block also reported by Morgan Stanley; it is counted once, under Morgan Stanley.
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Sep 16, 2026 | Ali Mazanderani | director, officer: Executive Chairman | +14,774 | $4.40 |
| Sep 15, 2026 | Ali Mazanderani | director, officer: Executive Chairman | +28,226 | $4.21 |
| Apr 16, 2026 | International Finance Corp | 10 percent owner | −66,437 | $4.90 |
| Apr 15, 2026 | International Finance Corp | 10 percent owner | −19,488 | $4.90 |
| Apr 14, 2026 | International Finance Corp | 10 percent owner | −106,948 | $4.90 |
Not reported.