Lesaka TechnologiesLSAK
About: Lesaka Technologies Inc provides payment solutions, transaction processing solutions, and financial technologies. The company operates two reportable segments: Merchant and Consumer. The company operates mainly within South Africa. The Merchant segment that derives majority revenue includes activities related to the provision of goods and services provided to corporate and other juristic entities. It earns fees from processing activities performed for its customers and revenue generated from the distribution of prepaid airtime. The Consumer segment includes activities related to the provision of financial services to customers, including bank accounts, loans, and insurance products. The firm charges monthly administration fees for all bank accounts.
Employees: 2,531
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
5% more funds holding
Funds holding: 22 [Q1] → 23 (+1) [Q2]
2% more capital invested
Capital invested by funds: $70.3M [Q1] → $71.8M (+$1.55M) [Q2]
0% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 8
5.91% less ownership
Funds ownership: 30.04% [Q1] → 24.13% (-5.91%) [Q2]
Research analyst outlook
We haven’t received any recent analyst ratings for LSAK.
Financial journalist opinion
Based on 5 articles about LSAK published over the past 30 days