Lesaka Technologies Buys MobileMart For $2.5M

💳 Meet MobileMart

• MobileMart is a South African B2B provider of value-added services (VAS) integration solutions

• The company just finalized an all-cash sale to Lesaka Technologies for $2.5 million.

---

🛒 Connecting the Store

• Big stores have a hard time syncing their digital data and payments across many virtual service providers.

• When these systems do not talk to each other, businesses can lose money or face technical errors during busy times.

• MobileMart solves this by linking transactions directly into one platform.

---

🛠️ The Innovative Fulcrum Platform

• Fulcrum platform uses a single terminal for a range of VAS offerings, allowing businesses to manage the supply and data of these services at the same time.

• As an aggregator, they are also able to offering vouchers and other offers at a very good rate.

• Through Fulcrum, business client can acccess to prepaid airtime, data, utility payment services, and voucher-based products.

---

🚀 What’s Next

• The cash from the sale goes to shareholders while the tech and operations move into the Lesaka's Enterprise division.

• The acquisition allows Lesaka to offer existing and future features of MobileMart to large corporates, banks, and service providers.