Fintech group Lesaka, driven by demand in the informal sector, has turned the corner and is geared for its next phase of growth. That’s the message from management and investors who have backed the group to transcend its scandal-ridden past.

“The underlying businesses are growing… which tells you that the turnaround is real,” Lincoln Mali, CEO for Southern Africa at Lesaka, tells the FM. “This turnaround looks sustainable and when you look at it quarter on quarter, you’re seeing the growth in very difficult times.”..

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