Lesaka Technologies' new brand that was announced in November last year.
Lesaka Technologies, listed on the Nasdaq, said Thursday that the date for its acquisition of Bank Zero to formally complete has been extended to January 31, 2027, from August 6, 2026, while it finalises regulatory approvals.
In June 2025, Lesaka, which holds a secondary listing on the JSE, announced that its subsidiary, Lesaka Technologies Proprietary, had entered into an agreement to acquire the interests of the shareholders of Bank Zero, save for Zero Research and Naught Holdings, for R1.1 billion.
The implementation agreement would lapse if outstanding conditions precedent were not fulfilled or, if permitted, waived, by August 6, 2026.
However, to obtain the remaining regulatory consents, on June 11, 2026, Lesaka and the sellers' representative agreed to extend this date to January 31, 2027.
