Net 1 UEPS Technologies

Lesaka Technologies, Inc. engages in the provision of financial technology, products and services to unbanked and underbanked individuals and small businesses in South Africa and other emerging economies. It operates through the following segments: Processing, Financial Services, and Technology. The Processing segment includes fees earned by the company from processing activities performed for its customers from the distribution of prepaid airtime. The Financial Services segment includes activities related to the provision of financial services to customers. The Technology segment includes sales of hardware and licenses to customers. The company was founded by Serge Christian Pierre Belamant in 1989 and is headquartered in Johannesburg, South Africa.

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Lesaka Technologies, Inc. is a South African financial technology company which focuses on delivering financial services to consumers (B2C) and merchants (B2B) in Southern Africa through proprietary banking and payment technologies. Its services include banking, lending and insurance solutions to consumers, cash management solutions, bill payment technology, value-added services, business funding and card acquiring solutions to formal and informal retail merchants. The company was founded by Serge Christian Pierre Belamant in 1989 and is headquartered in Johannesburg, South Africa.

JOHANNESBURG, South Africa, May 17, 2022 (GLOBE NEWSWIRE) -- Net 1 UEPS Technologies, Inc. (“Net1” or the “Company”) (NasdaqGS: UEPS; JSE: NT1) today announced that it has amended its finalization dates for use of its new stock tickers. The Company had expected the new name change to be effective on May 18, 2022.

Net1 amends finalization dates for use of new stock tickers

Lesaka Group (NASDAQ:UEPS ) Q3 2022 Earnings Conference Call May 11, 2022 8:00 AM ET Company Participants Bronwyn Nielsen - The Nielsen Network Chris Meyer - Group CEO Lincoln Mali - South African CEO Steven Heilbron - Head Of Merchant Business, and CEO of the Connect Group Naeem Kola - Group CFO Conference Call Participants Ngozi Dozie - Kaizen Venture Bronwyn Nielsen Hello, everyone, and welcome to the Lesaka Fiscal Third Quarter 2022 Earnings Webcast. At this time, all participants are in listen-only mode.

Lesaka Group (UEPS) CEO Chris Meyer on Q3 2022 Results - Earnings Call Transcript

Net 1 UEPS (UEPS) delivered earnings and revenue surprises of 44.44% and 8.94%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Net 1 UEPS (UEPS) Reports Q3 Loss, Tops Revenue Estimates

JOHANNESBURG, South Africa, April 22, 2022 (GLOBE NEWSWIRE) -- Net 1 UEPS Technologies, Inc. (NasdaqGS: UEPS; JSE: NT1) (“Net1”) today announced it will release third quarter 2022 results after the US market close on May 10, 2022. Net1 management will host a presentation by webcast and conference call on May 11, 2022, at 8:00 a.m. Eastern Time to review these results.

Net1 to Host Webcast and Conference Call to Review Third Quarter 2022 Results

JOHANNESBURG, South Africa, April 14, 2022 (GLOBE NEWSWIRE) -- Net 1 UEPS Technologies, Inc. (NasdaqGS: UEPS; JSE: NT1) (“Net1” or the “Company”) today announced that it has completed its acquisition of the Connect Group in South Africa, for ZAR 3.8 billion, or approximately $264 million at an exchange rate of $1: ZAR 14.52. The acquisition of the Connect Group, a profitable, high-growth and leading South African fintech company, is transformational for Net1 in its journey to become South Africa's leading fintech platform.

Net1 completes the acquisition of Connect Group

JOHANNESBURG, South Africa, March 31, 2022 (GLOBE NEWSWIRE) -- Net 1 UEPS Technologies, Inc. (NasdaqGS: UEPS; JSE: NT1) (“Net1” or the “Company”) today announced that further conditions to the transaction for the acquisition of 100% of the shares and claims in the Connect Group in South Africa have been fulfilled.

Net1 Provides Connect Group Transaction Update – Closing Now Expected in April 2022

JOHANNESBURG, South Africa, March 10, 2022 (GLOBE NEWSWIRE) -- Net 1 UEPS Technologies, Inc. (NasdaqGS: UEPS; JSE: NT1) (“Net1,” or the “Company”) today announced that it has received approval from the South African, Botswanan and Namibian competition authorities in respect of its acquisition of 100% of the shares and claims in the Connect Group. The merger was approved unconditionally by the Botswana and Namibia competition authorities on January 12, 2022 and February 24, 2022 respectively, and by the South African competition authorities on March 9, 2022, subject to the merger conditions described below. The transaction completion is still subject to the finalization of certain outstanding conditions precedent, as described further below.

Net1 receives competition law approval in respect of the Connect Group transaction

Net 1 UEPS Technologies, Inc. (UEPS) CEO Chris Meyer on Q2 2022 Results - Earnings Call Transcript

JOHANNESBURG, South Africa, Feb. 09, 2022 (GLOBE NEWSWIRE) -- Net 1 UEPS Technologies, Inc. (Nasdaq: UEPS; JSE: NT1) today released results for the second fiscal quarter ended December 31, 2021.

Net 1 Reports Second Quarter 2022 Results

JOHANNESBURG, South Africa, Jan. 19, 2022 (GLOBE NEWSWIRE) -- Net 1 UEPS Technologies, Inc. (NasdaqGS: UEPS; JSE: NT1) (“Net1”) today announced it will release second quarter 2022 results after the market close on February 9, 2022. Net1 management will host a conference call to review these results on February 10, 2022, at 8:00 a.m. Eastern Time.

Net1 to Host Conference Call to Review Second Quarter 2022 Results

JOHANNESBURG, Dec. 10, 2021 (GLOBE NEWSWIRE) -- Net 1 UEPS Technologies, Inc. (NasdaqGS: UEPS; JSE: NT1) (the “Company” or “Net1”) today announced that it has appointed Naeem Kola as Group Chief Financial Officer. Kola will take up his role with effect from March 1, 2022, and joins Net1 soon after the announcement of the transformative acquisition of the Connect Group. Alex Smith will remain in the role of Chief Financial Officer until Kola joins, and will then transition into newly created role of Group Chief Accounting Officer from March 1, 2022.

Net1 Appoints Naeem Kola as Group Chief Financial Officer

Net 1 UEPS Technologies, Inc. (UEPS) CEO Chris Meyer on Q1 2022 Results - Earnings Call Transcript

Net 1 UEPS Technologies, Inc. (UEPS) CEO Chris Meyer on Connect Group Acquisition - Conference Call Transcript

The Acquisition Significantly Expands Net1's Addressable Market, Merchant Offering & Footprint as it Builds the Leading Fintech Platform in South Africa

Net1 to Acquire the Connect Group

JOHANNESBURG, South Africa, Oct. 25, 2021 (GLOBE NEWSWIRE) -- Net1 (NasdaqGS: UEPS; JSE: NT1) today announced it will release first quarter 2022 results after the market close on November 8, 2021. Net1 management will host a conference call to review these results on November 9, 2021, at 8:00 a.m. Eastern Time.

Net1 to Host Conference Call to Review First Quarter 2022 Results

Net 1 UEPS Technologies, Inc. (UEPS) CEO Chris Meyer on Q4 2021 Results - Earnings Call Transcript

JOHANNESBURG, South Africa, Sept. 13, 2021 (GLOBE NEWSWIRE) -- Net 1 UEPS Technologies, Inc. (Nasdaq: UEPS; JSE: NT1) today released results for the fourth quarter and year ended June 30, 2021.

Net 1 Reports Fourth Quarter and Year End 2021 Results

JOHANNESBURG, South Africa, Aug. 25, 2021 (GLOBE NEWSWIRE) -- Net 1 UEPS Technologies, Inc. (NasdaqGS: UEPS; JSE: NT1) (“Net1”) today announced it will release fourth quarter and year-end 2021 results after the market close on September 13, 2021. Net1 management will host a conference call to review these results on September 14, 2021, at 8:00 a.m. Eastern Time.

Net1 to Host Conference Call to Review Fourth Quarter and Full Year 2021 Results

JOHANNESBURG, South Africa, Aug. 18, 2021 (GLOBE NEWSWIRE) -- Net 1 UEPS Technologies, Inc. (NasdaqGS: UEPS ; JSE: NT1) (“Net1” or the “Company”) today announced that it has appointed Mr. Kuben Pillay as Chairman of the Board of Directors (“Board”) as of August 18, 2021. Mr. Pillay has been a non-executive director since June 2020 and fills this role as a result of the untimely death of Mr. Jabu Mabuza who passed away as a result of Covid-19 complications earlier this year.

Net1 Appoints Mr. Kuben Pillay as Chairman and Ms.

JOHANNESBURG, South Africa, June 30, 2021 (GLOBE NEWSWIRE) -- Net 1 UEPS Technologies, Inc. (NasdaqGS: UEPS; JSE: NT1) (“Net1” or the “Company”) today announced that it has appointed Chris Meyer as Group Chief Executive Officer (“CEO”) as of July 1, 2021.

Net1 Appoints Chris Meyer As Group CEO

JOHANNESBURG, South Africa, June 17, 2021 (GLOBE NEWSWIRE) -- Net 1 UEPS Technologies, Inc. (NasdaqGS: UEPS; JSE: NT1) (“Net1” “we” or the “Company”) today announced that its Chairman, Jabu Mabuza, passed away on June 16, 2021. We are deeply saddened by the news of the passing of Jabu Mabuza and extend our condolences to his family. As a business leader he was fearless, well respected and spoke from the heart. When he joined the Net1 board as Chairman in May 2020 he brought a wealth of experience across the private and public sectors in Africa, including a strong track record with corporate turnarounds and we benefitted enormously from his guidance. He led a significant board change with skill, purpose and humility. He was a strong believer in Net1's mission of serving the underbanked communities of South Africa and was committed to Net1's renewed focus on financial inclusion for all.

Net1 expresses condolences on the passing of its Chairman Jabu Mabuza

NEW YORK, May 18, 2021 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of  Net 1 UEPS Technologies, Inc. ("Net 1 UEPS" or the "Company") (NASDAQ: UEPS).  Such investors are advised to contact Robert S.

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Net 1 UEPS Technologies, Inc. - UEPS

Net 1 UEPS Technologies, Inc. (UEPS) Management on Q3 2021 Results - Earnings Call Transcript

Net 1 UEPS (UEPS) delivered earnings and revenue surprises of -20.00% and -12.43%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

Net 1 UEPS (UEPS) Reports Q3 Loss, Lags Revenue Estimates

JOHANNESBURG, South Africa, May 06, 2021 (GLOBE NEWSWIRE) -- Net 1 UEPS Technologies, Inc. (Nasdaq: UEPS; JSE: NT1) today released results for the third fiscal quarter ended March 31, 2021.

News for Net 1 UEPS Technologies Stock (UEPS)