Windsor Drake Market Intelligence
Transaction · Neobank · 2025

Lesaka / Bank Zero 2025

Lesaka Technologies acquired Bank Zero on June 27, 2025.

Target
Bank Zero
Acquirer
Lesaka Technologies
Announced
June 27, 2025
Sub-sector
Neobank

Transaction overview

  • Lesaka Technologies announced the acquisition of Bank Zero on June 27, 2025.

Strategic rationale

Combines Bank Zero's digital banking infrastructure and banking licence with Lesaka's fintech platform to optimise balance sheet and fund lending through customer deposits.

Deal terms & multiples

Deal value
Not disclosed
Target revenue
Not disclosed
Target EBITDA
Not disclosed
EV / Revenue
Not disclosed
EV / EBITDA
Not disclosed
Announcement
June 27, 2025
Acquirer
Lesaka Technologies (Strategic)
Sub-sector
Neobank

Sources

  • citizen.co.za /business/lesaka-pushes-bank-zero-acquisition-deadline-to-2027-as-regulatory-approvals-lag/

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