@LesakaFan

Global Fintech Investor

[Michael Jordaan @MichaelJordaan]

Africa’s banks and fintechs are moving from competition to coexistence: banks bring capital, licences, and institutional trust; fintechs bring distribution, speed, and millions of digital customers.

[@LesakaFan @LesakaFan]

Lesaka is suggesting South Africa adopt "co-badging" for debit cards to reduce high card interchange rates, which have slowed adoption of the use of card payments in the informal economy in SA. Basically, for an informal merchant, interchange fees on a small transaction make a card payment uneconomical. Potential solution: A co-badged card has two payment network logos on it (like eftpos and Visa), so the merchant's terminal can choose which network processes the payment. In Australia, merchants often route to eftpos because it's cheaper, even though the customer just taps the same card. https://t.co/NphN8YgguJ $LSAK @LesakaTech

[@LesakaFan @LesakaFan]

ZARU stablecoin's whitepaper is out. Lesaka is one of 4 co-founding companies in ZARU, which has real-world use cases today in products like immediate settlement for merchants (as opposed to waiting for banking hours) and also in cross-border remittances (notoriously slow and expensive in SA). https://t.co/rLuRtKPwhl $LSAK @LesakaTech @ZARUniversal @BankZeroSA

[@LesakaFan @LesakaFan]

Lesaka rebrands data unit to shine light on South Africa's informal economy $LSAK https://t.co/sxNFLKDyyD @AfricaBizz @LesakaTech

[@LesakaFan @LesakaFan]

Video of Lesaka’s new offices in Johannesburg, consolidating several offices across the country into one…https://t.co/33GWSL29v7 $lsak #lesaka @LesakaTech

[@LesakaFan @LesakaFan]

Write up on the Lesaka journey by a local SA fintech expert…https://t.co/unf61XgQsz $lsak #lesaka

[@LesakaFan @LesakaFan]

New bullish Lesaka write-up by analyst Nick Nemeth: "Priced Off the Slow Half" https://t.co/IGTBr7HY73 $LSAK @NickNemo17 @LesakaTech #lesaka #fintech #africa

[TechDailyPost @TechDailyPost]

[FinTechs] JSE-listed fintech group Lesaka unites its fintech brands under a single name via @TechDailyPost #FinTech https://t.co/QnnJc2Cxx6

[@LesakaFan @LesakaFan]

@MichaelJordaan Michael, would you mind expanding a bit on the point you are trying to make re: relative size vs. Lesaka? A bit unclear. $lsak

[@LesakaFan @LesakaFan]

BankZero is one of two digital banks changing the game for legacy SA banks Standard Bank, FNB, Nedbank and Absa https://t.co/r5M8RMc62i $LSAK #lesaka @BankZeroSA @LesakaTech

[@LesakaFan @LesakaFan]

“Shapeshifter: The remarkable story of Lesaka’s Lincoln Mali” https://t.co/cAVzGOk505 $lsak #lesaka #fintech @LesakaTech

[@LesakaFan @LesakaFan]

South Africa's vast informal economy escapes official statistics, yet Lesaka is rapidly digitizing the payment processes flowing through it. https://t.co/nEY0HEZvfJ $LSAK #lesaka @LesakaTech

[@LesakaFan @LesakaFan]

Zacks upgrades Lesaka to "Buy" (Zacks Rank #2). "Analysts have been steadily raising their estimates for Lesaka Technologies. Over the past three months, the Zacks Consensus Estimate for the company has increased 78%." https://t.co/8GbalNcmLS $lsak #lesaka #fintech #africa @ZacksResearch

[@LesakaFan @LesakaFan]

Excellent sell-side initiation by James Slabbert and Charles Russell at Standard Bank, who are becoming the most knowledgeable fintech analysts in Africa. Obviously a lot of work went into this report. Note it is standard for sell side analysts in South Africa to include their financial model in their SECOND note on a company they have initiatied on...Important to note their projections do NOT include the acquisition of BankZero, which Lesaka expects to be approved by the SA government any day. (Nasdaq: LSAK) $LSAK #lesaka #africa #fintech #payments https://t.co/qufwhSDYXD via @Slideshare

[@LesakaFan @LesakaFan]

Video of SBG Securities Research initiation on Lesaka Technologies https://t.co/K99upucWHf via @YouTube $LSAK #Lesaka

[@LesakaFan @LesakaFan]

SBG Securities, the equity research arm of Standard Bank, the largest bank in Africa with $218 billion in assets, has just initiated equity coverage of Lesaka, the African fintech, with a "Buy" recommendation. The target price of $7.15 per share implies a 48% increase from today's stock price. Details to come once we have studied the 47-page report. $LSAK #fintech #Lesaka @LesakaTech

[@LesakaFan @LesakaFan]

New Lesaka IR deck gives a comprehensive overview of the African fintech company and the very large opportunity in front of them: https://t.co/RiFIMz1ll0 $LSAK #lesaka @LesakaTech @BankZeroSA #fintech #africa

[@LesakaFan @LesakaFan]

"Lesaka: The African Fintech Stock Valuation Re-Rating Nobody Sees Coming." Influential investor Yiannis Zourmpanos is bullish on Lesaka. #lesaka #fintech #africa https://t.co/2Yv84KHlZp via @Slideshare $LSAK @yianisz @LesakaTech @BankZeroSA

[@LesakaFan @LesakaFan]

Business Day in South Africa published a 100-page report on fintech in South Africa featuring Lesaka, in addition to Mastercard, Visa and some local SA fintechs. One can print this to a PDF to make it easier to read... $LSAK #lesaka #payments @LesakaTech @BankZeroSA
https://t.co/89i8xzpi41