Lesaka Technologies Q2 Earnings Call Highlights: Bank Zero Approval, Rebrand Consolidation, Strong Financial Results, and Record Lending Originations

Lesaka Technologies received Competition Tribunal approval for its proposed combination with Bank Zero, launching a group-wide "One Lesaka" brand consolidation. Q2 net revenue rose 16% YoY to ZAR 1.6 billion, with group-adjusted EBITDA increasing 47% YoY to ZAR 304 million. The consumer division showed strong growth, while the merchant business is being transformed. The company reaffirmed its full-year guidance.