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LSAK - Lesaka Technologies Inc

Insider Purchase by Mazanderani Ali (Exec COB)

1 Month
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Trade Summary

2 days ago, Mazanderani Ali, serving as Exec COB at Lesaka Technologies Inc (LSAK), purchased 32,000 shares at $4.69 per share, for a total transaction value of $150,080.00. Following this transaction, Mazanderani Ali now holds 2,448,538 shares of LSAK.

This purchase represents a 1.00% increase in Mazanderani Ali's stake in the company. This is considered a medium-conviction trade.

The trade was executed on Wednesday, March 4, 2026 and publicly disclosed via SEC Form 4 filing on Thursday, March 5, 2026, 1 day after the trade was made.

Lesaka Technologies Inc operates in the TECHNOLOGY sector, specifically within the SOFTWARE - INFRASTRUCTURE industry. Insider buying activity in this sector can provide valuable signals about industry trends and company-specific developments.

Mazanderani Ali

Mazanderani Ali

Exec COB

Ali Mazanderani is a prominent fintech entrepreneur and investor with extensive experience in emerging markets. He serves as Executive Chairman of Lesaka Technologies Inc (Nasdaq: LSAK) since February 1, 2024, having joined the board as an independent non-executive director in 2020. His vision has been instrumental in shaping Lesaka into a leading fintech platform in Southern Africa, driving financial inclusion through banking, payments, and lending solutions.[[1]](https://www.fintechfutures.com/press-releases/lesaka-appoints-fintech-entrepreneur-ali-mazanderani-as-chairman-kuben-pillay-as-lead-independent-director-and-chris-meyer-to-conclude-tenure-as-group-ceo-in-february-2024)[[3]](https://lesakatech.com/our-leadership-ali-mazanderani)[[4]](https://lesakatech.com/our-leadership) Mazanderani holds advanced degrees including an MSc in Economics from the University of Oxford, MSc in Economic History from the London School of Economics, MBA from INSEAD, Master in Business Law from the University of St. Gallen, and BCom (Hons) in Economics from the University of Pretoria.[[3]](https://lesakatech.com/our-leadership-ali-mazanderani) Career highlights include co-founding and chairing Teya (formerly SaltPay), a pan-European fintech; serving as a non-executive director at Thunes, StoneCo (Brazil), and Network International (UAE); partnering at Actis leading fintech investments; and prior roles at OC&C Strategy Consultants and First National Bank.[[1]](https://www.fintechfutures.com/press-releases/lesaka-appoints-fintech-entrepreneur-ali-mazanderani-as-chairman-kuben-pillay-as-lead-independent-director-and-chris-meyer-to-conclude-tenure-as-group-ceo-in-february-2024)[[2]](https://cio-sa.co.za/articles/fintech-investor-ali-mazanderani-is-lesaka-technologies-new-chairperson/)[[3]](https://lesakatech.com/our-leadership-ali-mazanderani)

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Trade Price

$4.69

Quantity

32,000

Total Value

$150,080.00

Shares Owned

2,448,538

Trade Date

Wednesday, March 4, 2026

2 days ago

SEC Filing Date

Thursday, March 5, 2026

Filed 1 day after trade

TECHNOLOGYSOFTWARE - INFRASTRUCTURE

About Lesaka Technologies Inc

Company Overview

No company information available
View news mentioning LSAK

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