Lesaka Technologies, Inc. Common Stock

Lesaka Technologies, Inc. is a South African financial technology company, which engages in proprietary banking and payment technologies. The company is headquartered in Johannesburg, Gauteng and currently employs 3,728 full-time employees. The company went IPO on 2005-08-03. The firm offers a range of integrated payment solutions, including transactional accounts (banking), lending, insurance, payouts, cash management solutions, card acceptance, supplier payments, software services and bill payments. The firm's operating divisions include Consumer Division, Merchant Division and Enterprise Division. Consumer Division offers transactional accounts (banking), insurance, lending and payments solutions to help underserviced consumers. Merchant Division provides merchant acquiring, software, cash management services, lending and ADP, that help merchants and micro-merchants to transact efficiently. Enterprise Division delivers software and payment technology to enterprise clients, who are generally large-scale corporate and government organizations.