Yatin Narsai | Speedinet Wireless Internet Service Provider And Seo marketing and Social media marketing in house software developer

Lesaka Technologies to buy Bank Zero in R1.1-billion deal

Lesaka Technologies has agreed to buy the digital bank chaired by former FNB CEO Michael Jordaan for R1.1-billion.

Lesaka Technologies has agreed to buy the digital bank chaired by former FNB CEO Michael Jordaan for R1.1-billion.

Michael Jordaan is considering partnerships to grow Bank Zero as it seeks to challenge the country’s big banks.

Bank Zero, which offers an app-driven digital banking services for individuals, is now providing commercial banking, too.

SaaS, or software-as-a-service, subscriptions have been increasing in price at rates above inflation for years.