An international specialist bank and asset manager providing a diverse range of financial products and services.
South Africa’s Lesaka hits first profit since 2022 despite merchant slowdown
Lesaka Technologies reported a net profit of R61 million in Q2 2026, a significant improvement from a loss of R589 million a year earlier. Revenue from Lesaka's merchant unit fell by 13% year-on-year to R2.26 billion, despite an 8% growth in the merchant base.
Iress Appoints Dominic Rey to Lead Wealth Management in South Africa
Dominic Rey appointed as Managing Director of Iress' Wealth Management business in South Africa effective February 2026. Rey brings over 30 years of experience in wealth management and financial services technology.
Optasia to Raise $365M in Johannesburg IPO to Fuel Global Expansion
Optasia plans to raise 6.3 billion rand ($365 million) in South Africa to expand its global footprint. The company will sell 1.3 billion rand in new shares through an IPO on the Johannesburg Stock Exchange.
