The man who invested in Rain and Bos whose R1.1-billion online bank will gain access to 2.1 million new clients overnight
In a deal worth billions, Lesaka Technologies' online bank will suddenly gain access to 2.1 million new clients overnight, thanks to its acquisition of Bank Zero, an entirely digital bank co-founded by prominent venture capitalist Michael Jordaan. This acquisition will provide Bank Zero with a massive boost, doubling its potential customer base with the addition of Lesaka's 2 million retail customers and 125,000 business customers. The deal marks a significant turning point for Bank Zero.
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