BN Edge | Can Lesaka do to SA's big banks what fintech did in Brazil? artwork
BizNews Radio

BN Edge | Can Lesaka do to SA's big banks what fintech did in Brazil?

Oct 15, 2026 · 44:44

The company once known as Net1 has just posted its first full-year profit and is telling the market to expect adjusted earnings to compound at more than 40% a year. Executive chairman Ali Mazanderani, who says he has helped build seven multibillion-dollar fintechs from Brazil to Europe, told Alec Hogg why he believes South Africa's big banks are structurally unable to win the township economy, and…