Key information

🔎 Fund Overview

Lesaka Technologies, Inc., formerly Net 1 UEPS Technologies, Inc., is a South Africa-based financial technology company that utilizes its banking and payment technologies to deliver financial services solutions to merchants and consumers in Southern Africa. The Company offers banking, lending and insurance products to consumers, and cash management solutions, bill payment technology, value-added services, business funding and card acquiring solutions to formal and informal retail merchants. Its flagship product, EasyPay Everywhere, offers low-cost transactional banking solutions and consists of a bank card, unstructured supplementary service data (USSD) and a mobile app. Through Capital Connect, it provides frictionless unsecured, short-term business funding solutions to the South African retail sector. Through Cash Connect, it offers smart retail cash management and payment solutions to small, medium and micro enterprises (SMMEs) in both informal and formal markets.