In fiscal 2025, the company acquired two suppliers: Adumo, a payments and commerce enablement platform serving approximately 29,000 active merchants across South Africa, Namibia, Botswana, and Kenya, which was integrated into the Merchant Segment; and Recharger, a prepaid electricity platform managing over 500,000 registered prepaid electricity meters in South Africa, which was integrated into the Enterprise Segment. These acquisitions expanded the company's customer base and solution offerings, facilitating entry into larger merchant markets and the private utilities market.
Lesaka Technologies Inc's Comment on Supply Chain
In fiscal 2025, the company acquired two suppliers: Adumo, a payments and commerce enablement platform serving approximately 29,000 active merchants across South Africa, Namibia, Botswana, and Kenya, which was integrated into the Merchant Segment; and Recharger, a prepaid electricity platform managing over 500,000 registered prepaid electricity meters in South Africa, which was integrated into the Enterprise Segment. These acquisitions expanded the company's customer base and solution offerings, facilitating entry into larger merchant markets and the private utilities market.
Sources:
Lesaka Technologies Inc 's official press releases and regulatory filings; CSIMarket.com's supply-chain research; and the financial filings and press releases of other companies cited in this report.
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