tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Lesaka Technologies Secures ZAR 400 Million Credit Facility

Story Highlights
Lesaka Technologies Secures ZAR 400 Million Credit Facility

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Lesaka Technologies ( (LSAK) ) has issued an update.

On September 8, 2025, Lesaka Technologies, through its South African subsidiaries Cash Connect Capital and K2020 Connect, finalized a Revolving Credit Facility Agreement with FirstRand Bank Limited. This agreement allows the subsidiaries to borrow up to ZAR 400 million to support their capital advance businesses and replace existing lending arrangements, enhancing their growth potential.

The most recent analyst rating on (LSAK) stock is a Hold with a $5.00 price target. To see the full list of analyst forecasts on Lesaka Technologies stock, see the LSAK Stock Forecast page.

Spark’s Take on LSAK Stock

According to Spark, TipRanks’ AI Analyst, LSAK is a Neutral.

Lesaka Technologies’ stock score is driven by optimistic earnings call guidance and strategic corporate events, bolstered by technical indicators. However, ongoing financial challenges and valuation concerns weigh on the overall score.

To see Spark’s full report on LSAK stock, click here.

More about Lesaka Technologies

Average Trading Volume: 25,637

Technical Sentiment Signal: Sell

Current Market Cap: $374.6M

Learn more about LSAK stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1