Lesaka Technologies buys Touchsides as it circles R110bn tavern industry
Acquisition will add scale and broaden Lesaka’s service offering in SA’s informal market
In another deal aimed at boosting its merchant business, Lesaka Technologies has acquired privately owned data analytics and merchant services company Touchsides in a deal that will expand its foothold in the tavern industry in SA’s informal market.
Previously known as Net1, the fintech group has done much work to reposition itself beyond processing social grants, and has bet a big part of its growth on SA’s informal sector. ..
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