TechMoran.com
Lesaka Technologies, has acquired 100% South African digital bank Bank Zero Mutual Bank in a share and cash deal. The deal will see shareholders of Bank Zero own approximately 12% of Lesaka’s fully diluted shares and receive up to ZAR 91 million ($5.1 million) in cash…
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Lesaka Acquires South Africa’s Digital Bank Bank Zero
Ronald Bwire
05:21
Lesaka Technologies, has acquired 100% South African digital bank Bank Zero Mutual Bank in a share and cash deal. The deal will see shareholders of Bank Zero own approximately 12% of Lesaka’s fully diluted shares and receive up to ZAR 91 million ($5.1 million) in cash…
