# EDGAR Filing Document

**Accession Number:** 0001041514
**File Stem:** 0001562762-26-000058
**Filing Date:** 2026-5
**Character Count:** 68564
**Document Hash:** 21adad0afbe18a546baa1ddc0c4a5726
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001562762-26-000058.hdr.sgml**: 20260506

**ACCESSION NUMBER**: 0001562762-26-000058

**CONFORMED SUBMISSION TYPE**: 10-Q

**PUBLIC DOCUMENT COUNT**: 130

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260506

**DATE AS OF CHANGE**: 20260506

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** LESAKA TECHNOLOGIES INC
- **CENTRAL INDEX KEY:** 0001041514
- **STANDARD INDUSTRIAL CLASSIFICATION:** FUNCTIONS RELATED TO DEPOSITORY BANKING, NEC [6099]
- **ORGANIZATION NAME:** 02 Finance
- **EIN:** 980171860
- **STATE OF INCORPORATION:** FL
- **FISCAL YEAR END:** 0630

**FILING VALUES:**
- **FORM TYPE:** 10-Q
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 000-31203
- **FILM NUMBER:** 26948808

**BUSINESS ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** 4TH FLOOR, PRESIDENT PLACE
- **STREET 2:** CNR. JAN SMUTS & BOLTON
- **CITY:** ROSEBANK, JOHANNESBURG
- **PROVINCE COUNTRY:** T3
- **BUSINESS PHONE:** 27 11 343 2000

**MAIL ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** 4TH FLOOR, PRESIDENT PLACE
- **STREET 2:** CNR. JAN SMUTS & BOLTON
- **CITY:** ROSEBANK, JOHANNESBURG
- **PROVINCE COUNTRY:** T3

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** NET 1 UEPS TECHNOLOGIES INC
- **DATE OF NAME CHANGE:** 20000724

## Exhibit 31.1

#### Exhibit 31.1
CERTIFICATION OF PRINCIPAL EXECUTIVE OFFICER

PURSUANT TO RULES 13A-14(A) AND 15D-14(A)

UNDER THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED

I, Ali Mazanderani, certify that:

1. I have reviewed this quarterly report on Form 10-Q of Lesaka Technologies, Inc. ("Lesaka") for the quarter ended March 31,

2026;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact

necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with

respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all

material respects the financial condition, results of operations and cash flows of Lesaka as of, and for, the periods presented in this

report;

4. I am responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-

15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for

Lesaka and have:

(a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed

under our supervision, to ensure that material information relating to Lesaka, including its consolidated subsidiaries, is made known

to us by others within those entities, particularly during the period in which this report is being prepared;

(b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be

designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of

financial statements for external purposes in accordance with generally accepted accounting principles;

(c) Evaluated the effectiveness of Lesaka's disclosure controls and procedures and presented in this report our

conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based

on such evaluation; and

(d) Disclosed in this report any change in Lesaka's internal control over financial reporting that occurred during Lesaka's

most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, Lesaka's internal control over

financial reporting; and

5. I have disclosed, based on our most recent evaluation of internal control over financial reporting, to Lesaka's auditors and the

Audit Committee of Lesaka's Board of Directors (or persons performing the equivalent functions):

(a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial

reporting which are reasonably likely to adversely affect Lesaka's ability to record, process, summarize and report financial

information; and

(b) Any fraud, whether or not material, that involves management or other employees who have a significant role in

Lesaka's internal control over financial reporting.

Date: May 6, 2026

/s/ Ali Mazanderani

Ali Mazanderani

Executive Chairman

## Exhibit 31.2

#### Exhibit 31.2
CERTIFICATION OF PRINCIPAL FINANCIAL OFFICER

PURSUANT TO RULES 13A-14(A) AND 15D-14(A)

UNDER THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED

I, Dan Smith, certify that:

1. I have reviewed this quarterly report on Form 10-Q of Lesaka Technologies, Inc. ("Lesaka") for the quarter ended March 31,

2026;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact

necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with

respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all

material respects the financial condition, results of operations and cash flows of Lesaka as of, and for, the periods presented in this

report;

4. I am responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-

15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for

Lesaka and have:

(a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed

under our supervision, to ensure that material information relating to Lesaka, including its consolidated subsidiaries, is made known

to us by others within those entities, particularly during the period in which this report is being prepared;

(b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be

designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of

financial statements for external purposes in accordance with generally accepted accounting principles;

(c) Evaluated the effectiveness of Lesaka's disclosure controls and procedures and presented in this report our

conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based

on such evaluation; and

(d) Disclosed in this report any change in Lesaka's internal control over financial reporting that occurred during Lesaka's

most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, Lesaka's internal control over

financial reporting; and

5. I have disclosed, based on our most recent evaluation of internal control over financial reporting, to Lesaka's auditors and the

Audit Committee of Lesaka's Board of Directors (or persons performing the equivalent functions):

(a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial

reporting which are reasonably likely to adversely affect Lesaka's ability to record, process, summarize and report financial

information; and

(b) Any fraud, whether or not material, that involves management or other employees who have a significant role in

Lesaka's internal control over financial reporting.

Date: May 6, 2026

/s/ Dan Smith

Dan Smith

Group Chief Financial Officer

## Ex-32

#### Exhibit 32
CERTIFICATION

PURSUANT TO 18 U.S.C. SECTION 1350, AS ADOPTED PURSUANT TO

SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

In connection with the quarterly report of Lesaka Technologies, Inc. ("Lesaka") on Form 10-Q for the quarter ended

March 31, 2026, as filed with the Securities and Exchange Commission on the date hereof (the "Report"), Ali Mazanderani and Dan

Smith, Executive Chairman and Group Chief Financial Officer, respectively, of Lesaka, certify, pursuant to 18 U.S.C. § 1350, that to

their knowledge:

1. The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934,

as amended; and

2. The information contained in the Report fairly presents, in all material respects, the financial condition and results

of operations of Lesaka.

Date: May 6, 2026

/s/: Ali Mazanderani

Name: Ali Mazanderani

Executive Chairman

Date: May 6, 2026

/s/: Dan Smith

Name: Dan Smith

Group Chief Financial Officer

## Exhibit 10.51

To:

#### LESAKA TECHNOLOGIES PROPRIETARY LIMITED
President Place, Jan Smuts Ave & Bolton Rd, Rosebank, Johannesburg, 2196

Attention: Chief Financial Officer - Daniel Smith

Email: XXX with a copy to XXX

From:

#### FIRSTRAND BANK LIMITED (ACTING THROUGH ITS RAND MERCHANT BANK DIVISION)
(in its

capacity as Facility Agent under the Amended and Restated CTA (as defined below))

Date: 27 March__ 2026

Dear Sirs

#### AMENDMENT LETTER: AMENDED AND RESTATED CTA

#### INTRODUCTION
1.1 We refer to -

1.1.1 the written amended and restated common terms agreement concluded on or about 27 February 2026

between,

*inter alios*

, Lesaka Technologies Proprietary Limited (the "

#### Term/RCF

#### Borrower
"), the Original

Obligors, the Original Senior Lenders, the Original WCF Lender, Wesbank, the Facility Agent and the

Debt Guarantor ("

#### Amended and Restated

#### CTA
"); and

1.1.2 the written amended and restated general banking facilities agreement concluded on or about the date

of this letter between,

*inter alios*

, the Original WCF Lender and the Term/RCF Borrower (the "

#### Amended

#### and Restated WCF Agreement
").

1.2 This letter is supplemental to and amends the Amended and Restated CTA pursuant to clause 35

(*Amendments and Waivers*) of the Amended and Restated CTA.

#### INTERPRETATION
2.1 Capitalised terms defined in the Amended and Restated CTA have the same meaning when used in this letter

unless expressly defined in this letter.

2.2 The provisions of clause 2.3 (*Construction*) of the Amended and Restated CTA apply to this letter as though

they were set out in full in this letter except that references to the Amended and Restated CTA are to be

construed as references to this letter.

2.3 In this letter, "

#### Effective Date"
means the date on which the Amended and Restated WCF Agreement becomes

unconditional in accordance with its terms.

#### AMENDMENTS
3.1 The Amended and Restated CTA will be amended on, and with effect from, the Effective Date by:

3.1.1 the deletion of clause 2.1.248 in its entirety and replacement thereof with the following new

clause 2.1.248 as follows -

"

2.1.248 #### WCF Commitment
 *means -* 

2.1.248.1 direct facilities in an amount of up to R1,143,901,000.00, indirect facilities in an

*amount of up to R57,700,000.00 (provided that direct facilities may be reallocated* 

*as indirect facilities, and indirect facilities may be reallocated as direct facilities)* 

*and settlement lines in an amount of up to R326,000,000.00, in respect of general* 

*banking facilities; and* 

2.1.248.2 the amount which any WCF Lender has agreed (whether or not subject to the

*satisfaction of conditions precedent) to make available from time to time under a* 

*Working Capital Facility concluded after the Original Signature Date,* 

Exhibit 10.52

*to the extent not cancelled or reduced under the applicable WCF Agreement relating to* 

*the applicable Working Capital Facility (subject to the provisions of clause 24.5.1.3* 

*(Financial Indebtedness) and the other requirements of the Finance Documents)*

;"; and

3.1.2 the deletion of the existing Part I of annexure A (*The Original Obligors*) of the Amended and Restated

CTA in its entirety and the replacement thereof with a new Part I of annexure A (*The Original Obligors*)

in the form attached as

[Annexure A](#a430)

hereto.

#### SECURITY CONFIRMATIONS
4.1 #### Obligor confirmations
Each Obligor confirms that, notwithstanding the conclusion of the Amended and Restated WCF Agreement

and this letter -

4.1.1 the guarantee contained in clause 20 (*Guarantee and Indemnity*) of the Amended and Restated CTA

remains in full force and effect provided that it shall also be construed with reference to the obligations

of the Obligors under (i) the Amended and Restated WCF Agreement and (ii) the Amended and Restated

CTA as amended by this letter;

4.1.2 the subordination-related and other undertakings provided by them in the Subordination Agreement

remains in full force and effect provided that it shall also be construed with reference to the obligations

of the Obligors under (i) the Amended and Restated WCF Agreement and (ii) the Amended and Restated

CTA as amended by this letter; and

4.1.3 the Security Documents remain in full force and effect provided that they shall also be construed with

reference to the obligations of the Obligors under (i) the Amended and Restated WCF Agreement and

(ii) the Amended and Restated CTA as amended by this letter.

4.2 #### Debt Guarantor confirmations
The Debt Guarantor confirms that, notwithstanding the conclusion of this letter -

4.2.1 the Debt Guarantee remains in full force and effect provided that it shall also be construed with reference

to the obligations of the Obligors under (i) the Amended and Restated WCF Agreement and (ii) the

Amended and Restated CTA as amended by this letter; and

4.2.2 the obligations of the Obligors arising under the Amended and Restated WCF Agreement and the

Amended and Restated CTA (as amended by this letter) are included in the Guaranteed Obligations (as

such term has been defined in the Debt Guarantee).

#### MISCELLANEOUS
5.1 Pursuant to clause 2.1.87.2 of the Amended and Restated CTA, this letter is a Finance Document.

5.2 From the Effective Date, the Amended and Restated CTA and this letter will be read and construed as one

document.

5.3 Except as expressly otherwise provided in this letter, no amendment, variation or change is made to any

Finance Document and all the Finance Documents remain in full force and effect in accordance with their

terms.

#### COUNTERPARTS
This letter may be executed in any number of counterparts, and this has the same effect as if the signatures on the

counterparts were on a single copy of this letter.

#### GOVERNING LAW
7.1 This letter and any non-contractual obligations arising out of or in connection with it is governed by the laws of

South Africa.

7.2 If you agree to the above, please sign where indicated below.

Yours faithfully,

#### ANNEXURE

#### A

#### - NEW PART 1 OF ANNEXURE A TO THE AMENDED AND RESTATED CTA

#### Part I

#### The Original Obligors

#### Term/RCF Borrower

#### Jurisdiction of

#### Incorporation /

#### formation

#### Registration number

#### (or equivalent, if any)

Lesaka Technologies Proprietary Limited

South Africa

2002/031446/07

#### Name of WCF Borrowers

#### Jurisdiction of

#### Incorporation /

#### formation

#### Registration number

#### (or equivalent, if any)

Lesaka Cash Management Proprietary

Limited (previously named "Cash Connect

Management Solutions Proprietary Limited")

South Africa

2006/010530/07

GAAP-Point-of-Sale Proprietary Limited

South Africa

1999/003571/07

Lesaka Technologies Proprietary Limited

South Africa

2002/031446/07

Lesaka Cash Rentals Proprietary Limited

(previously named "Cash Connect Rentals

Proprietary Limited")

South Africa

2009/007139/07

Lesaka Merchant Solutions Proprietary

Limited (previously named "Main Street 1723

Proprietary Limited")

South Africa

2019/300711/07

Lesaka Alternative Digital Products

Proprietary Limited (previously named

"EasyPay Proprietary Limited")

South Africa

1983/008597/07

Lesaka Payments Proprietary Limited

(previously named "Adumo Payments

Proprietary Limited")

South Africa

2015/427833/07

Lesaka Merchant Technologies Proprietary

Limited (previously named "Adumo

Technologies Proprietary Limited")

South Africa

2000/029811/07

Adumo Management Company Proprietary

Limited

South Africa

2021/147994/07

Lesaka Utilities Proprietary Limited

(previously named "Recharger Proprietary

Limited")

South Africa

2022/218906/07

#### Name of Original Guarantors

#### Jurisdiction of

#### Incorporation /

#### formation

#### Registration number

#### (or equivalent, if any)

Lesaka Technologies Proprietary Limited

South Africa

2002/031446/07

Lesaka Technologies, Inc.

State of Florida,

United States

P9700001098

Prism Holdings Proprietary Limited

South Africa

1998/018949/07

Lesaka Finance Holdings Proprietary Limited

(previously named "Net1 Finance Holdings

Proprietary Limited")

South Africa

1998/020801/07

Lesaka Alternative Digital Products

Proprietary Limited (previously named

"EasyPay Proprietary Limited")

South Africa

1983/008597/07

Lesaka Transact Proprietary Limited

(previously named "Prism Payment

Technologies Proprietary Limited")

South Africa

1990/005062/07

Lesaka Cash Management Proprietary

Limited (previously named "Cash Connect

Management Solutions Proprietary Limited")

South Africa

2006/010530/07

Lesaka Cash Devices Proprietary Limited

(previously named "Deposit Manager

Proprietary Limited")

South Africa

2010/016889/07

Lesaka Cash Rentals Proprietary Limited

(previously named "Cash Connect Rentals

Proprietary Limited")

South Africa

2009/007139/07

Lesaka Merchant Solutions Proprietary

Limited (previously named "Main Street 1723

Proprietary Limited")

South Africa

2019/300711/07

Lesaka Financial Servies Proprietary Limited

(previously named "EasyPay Financial

Services Proprietary Limited")

South Africa

1998/020799/07

GAAP-Point-of-Sale Proprietary Limited

South Africa

1999/003571/07

Lesaka Payments Proprietary Limited

(previously named "Adumo Payments

Proprietary Limited")

South Africa

2015/427833/07

Lesaka Payouts Proprietary Limited

(previously named "Adumo Payouts

Proprietary Limited")

South Africa

2005/010672/07

Lesaka Merchant Technologies Proprietary

Limited (previously named "Adumo

Technologies Proprietary Limited")

South Africa

2000/029811/07

Adumo Management Company Proprietary

Limited

South Africa

2021/147994/07

Adumo (RF) Proprietary Limited

South Africa

2017/540380/07

Ovobix (RF) Proprietary Limited

South Africa

2013/068120/07

Luxanio 227 Proprietary Limited

South Africa

2018/605739/07

K2021477132 (South Africa) Proprietary

Limited

South Africa

2021/477132/07

Lesaka ATM Proprietary Limited (previously

named "EasyPay Cash Proprietary Limited")

South Africa

2001/028826/07

Lesaka Utilities Proprietary Limited

(previously named "Recharger Proprietary

Limited")

South Africa

2022/218906/07

Signed at Sandton on 26 March 2026

for

#### FirstRand Bank Limited (acting through its

#### Rand Merchant Bank division)
(as Original

Senior Lender under the Senior Term

Facilities and Senior RCF)

#### /s/ Kedy Mazibuko
Signature

Kedy Mazibuko

Name of Signatory

Authorised

Designation of Signatory

#### /s/ Eric Mphohoni
Signature

Eric Mphohoni

Name of Signatory

Authorised

Designation of Signatory

Signed at Sandton on 27 March 2026

for

#### Investec Bank Limited (acting through its

#### Corporate and Investment Bank Division,

#### Listed and Multinational Financing)
(as

Original Senior Lender under the Senior Term

Facilities and Senior RCF)

#### /s/ Sean Rule
Signature

Sean Rule

Name of Signatory

Sean Rule

Designation of Signatory

#### /s/ Kerry Caldwell
Signature

Kerry Caldwell

Name of Signatory

Authorised Signatory

Designation of Signatory

Signed at CPT on 25

th

March 2026

for

#### FirstRand Bank Limited (acting through its

#### Rand Merchant Bank division)
(as Original

WCF Lender)

#### /s/ Wally Laurens
Signature

Wally Laurens

Name of Signatory

Authorised

Designation of Signatory

#### /s/ Shaun de Sousa
Signature

Shaun de Sousa

Name of Signatory

Authorised

Designation of Signatory

Signed at Johannesburg on 27 March 2026

for

#### FirstRand Bank Limited (acting through its

#### WesBank division)
(as Wesbank)

#### /s/ Jerodean Brown
Signature

Jerodean Brown

Name of Signatory

Head of Sales – WesBank ABF C&I

Designation of Signatory

Signature

Name of Signatory

Designation of Signatory

Signed at SAndton on 25 March 2026

for

#### FirstRand Bank Limited (acting through its

#### Rand Merchant Bank division)
(as Facility

Agent)

#### /s/ Theresa Rheeder
Signature

Theresa Rheeder

Name of Signatory

Authorised

Designation of Signatory

#### DRAFT - NOT FOR SIGNATURE

#### /s/ Lindie Niklaas
Signature

Lindie Niklaas

Name of Signatory

Authorised Signatory

Designation of Signatory

Signed at Woodmead on 25 March 2026

for

#### Bowwood and Main No 408 (RF)

#### Proprietary Limited
(as Debt Guarantor)

#### /s/ Phillemon Ledwaba
Signature

Phillemon Ledwaba

Name of Signatory

Authorised Signatory

Designation of Signatory

Signed at Rosebank on 25 March 2026

for

#### Lesaka Technologies, Inc
. (as Holdco and

as Original Guarantor)

#### /s/ Daniel Smith
who warrants that he is duly

authorised hereto

Daniel Smith

Name of Signatory

Group Chief Financial Officer

Designation

Signed at Rosebank on 25 March 2026

for

#### Lesaka Technologies Proprietary Limited
(as Term/RCF Borrower, as WCF Borrower

and as Original Guarantor)

#### /s/ Daniel Smith
who warrants that he is duly

authorised hereto

Daniel Smith

Name of Signatory

Group Chief Financial Officer

Designation

Signed at Cape Town on 26 March 2026

for

#### Lesaka Cash Management Proprietary

#### Limited (previously named "Cash Connect

#### Management Solutions Proprietary

#### Limited")
(as WCF Borrower and Original

Guarantor)

#### /s/ Naeem Kola
who warrants that he is duly

authorised hereto

Naeem Kola

Name of Signatory

Director

Designation

Signed at Rosebank on 25 March 2026

for

#### Lesaka Financial Services Proprietary

#### Limited (previously named "EasyPay

#### Financial Services Proprietary Limited")
(as Original Guarantor)

#### /s/ Daniel Smith
who warrants that he is duly

authorised hereto

Daniel Smith

Name of Signatory

Group Chief Financial Officer

Designation

Signed at Rosebank on 25 March 2026

for

#### Adumo (RF) Proprietary Limited
(as

Original Guarantor)

#### /s/ Daniel Smith
who warrants that he is duly

authorised hereto

Daniel Smith

Name of Signatory

Group Chief

Designation

Signed at Rosebank on 25 March 2026

for

#### Lesaka Cash Rentals Proprietary Limited

#### (previously named "Cash Connect Rentals

#### Proprietary Limited")
(as WCF Borrower and

Original Guarantor)

#### /s/ Daniel Smith
who warrants that he is duly

authorised hereto

Daniel Smith

Name of Signatory

Group Chief Financial Officer

Designation

Signed at Rosebank on 25 March 2026

for

#### Lesaka Merchant Solutions Proprietary

#### Limited (previously named "Main Street

#### 1723 Proprietary Limited")
(as WCF

Borrower and Original Guarantor)

#### /s/ Daniel Smith
who warrants that he is duly

authorised hereto

Daniel Smith

Name of Signatory

Group Chief Financial Officer

Designation

Signed at Rosebank on 25 March 2026

for

#### Lesaka Alternative Digital Products

#### Proprietary Limited (previously named

#### "EasyPay Proprietary Limited)
(as WCF

Borrower and Original Guarantor)

#### /s/ Daniel Smith
who warrants that he is duly

authorised hereto

Daniel Smith

Name of Signatory

Group Chief Financial Officer

Designation

Signed at Rosebank on 25 March 2026

for

#### Prism Holdings Proprietary Limited
(as

Original Guarantor)

#### /s/ Daniel Smith
who warrants that he is duly

authorised hereto

Daniel Smith

Name of Signatory

Group Chief Financial Officer

Designation

Signed at Rosebank on 25 March 2026

for

#### Lesaka Finance Holdings Proprietary

#### Limited (previously named "Net1 Finance

#### Holdings Proprietary Limited")
(as Original

Guarantor)

#### /s/ Daniel Smith
who warrants that he is duly

authorised hereto

Daniel Smith

Name of Signatory

Group Chief Financial Officer

Designation

Signed at Rosebank on 25 March 2026

for

#### Lesaka Transact Proprietary Limited

#### (previously named "Prism Payment

#### Technologies Proprietary Limited")
(as

Original Guarantor)

#### /s/ Daniel Smith
who warrants that he is duly

authorised hereto

Daniel Smith

Name of Signatory

Group Chief Financial Officer

Designation

Signed at Rosebank on 25 March 2026

for

#### Lesaka Cash Devices Proprietary Limited

#### (previously named "Deposit Manager

#### Proprietary Limited")
(as Original Guarantor)

#### /s/ Daniel Smith
who warrants that he is duly

authorised hereto

Daniel Smith

Name of Signatory

Group Chief Financial Officer

Designation

Signed at Rosebank on 25 March 2026

for

#### GAAP-Point-of-Sale Proprietary Limited
(as WCF Borrower and Original Guarantor)

#### /s/ Daniel Smith
who warrants that he is duly

authorised hereto

Daniel Smith

Name of Signatory

Group Chief Financial Officer

Designation

Signed at Johannesburg on 25 March 2026

for

#### Lesaka Payments Proprietary Limited

#### (previously named "Adumo Payments

#### Proprietary Limited")
(as WCF Borrower and

Original Guarantor)

#### /s/ Seth Angel
who warrants that he is duly

authorised hereto

Seth Angel

Name of Signatory

CFO - Merchant

Designation

Signed at Roebank on 25 March 2026

for

#### Lesaka Payouts Proprietary Limited

#### (previously named "Adumo Payouts

#### Proprietary Limited")
(as Original Guarantor)

#### /s/ Daniel Smith
who warrants that he is duly

authorised hereto

Daniel Smith

Name of Signatory

Group Chief Financial Officer

Designation

Signed at Rosebank on 25 March 2026

for

#### Lesaka Merchant Technologies Proprietary

#### Limited (previously named "Adumo

#### Technologies Proprietary Limited")
(as

WCF Borrower and Original Guarantor)

#### /s/ Daniel Smith
who warrants that he is duly

authorised hereto

Daniel Smith

Name of Signatory

Group Chief Financial Officer

Designation

Signed at Rosebank on 25 March 2026

for

#### Adumo Management Company Proprietary

#### Limited
(as WCF Borrower and Original

Guarantor)

#### /s/ Daniel Smith
who warrants that he is duly

authorised hereto

Daniel Smith

Name of Signatory

Group Chief Financial Officer

Designation

Signed at Rosebank on 25 March 2026

for

#### Ovobix (RF) Proprietary Limited
(as

Original Guarantor)

#### /s/ Daniel Smith
who warrants that he is duly

authorised hereto

Daniel Smith

Name of Signatory

Group Chief Financial Officer

Designation

Signed at Rosebank on 25 March 2026

for

#### Luxanio 227 Proprietary Limited
(as

Original Guarantor)

#### /s/ Daniel Smith
who warrants that he is duly

authorised hereto

Daniel Smith

Name of Signatory

Group Chief Financial Officer

Designation

Signed at Rosebank on 25 March 2026

for

#### K2021477132 (South Africa) Proprietary

#### Limited
(as Original Guarantor)

#### /s/ Daniel Smith
who warrants that he is duly

authorised hereto

Daniel Smith

Name of Signatory

Group Chief Financial Officer

Designation

Signed at Rosebank on 25 March 2026

for

#### Lesaka ATM Proprietary Limited

#### (previously named "EasyPay Cash

#### Proprietary Limited")
(as Original Guarantor)

#### /s/ Daniel Smith
who warrants that he is duly

authorised hereto

Daniel Smith

Name of Signatory

Group Chief Financial Officer

Designation

Signed at Cape Town on 26 March 2026

for

#### Lesaka Utilities Proprietary Limited

#### (previously named "Recharger Proprietary

#### Limited")
(as WCF Borrower and Original

Guarantor)

#### /s/ Naeem Kola
who warrants that he is duly

authorised hereto

Naeem Kola

Name of Signatory

Director

Designation

## Exhibit 10.53

#### AMENDMENT AND RESTATEMENT LETTER TO THE ORIGINAL GENERAL BANKING FACILITY

#### AGREEMENT AND FACILITY LETTER

#### RECORDAL
The parties record that:

1.1. FIRSTRAND BANK LIMITED (Reg. No. 1929/001225/06) ("the

#### Bank
") has made certain general

banking facilities (the "

#### Facilities
') available to Lesaka Technologies Proprietary Limited, (Reg. no.

2002/031446/07), Lesaka Cash Management Proprietary Limited (previously named "Cash Connect

Management Solutions Proprietary Limited") (Reg. no. 2006/010530/07), Easy Pay Financial

Services Proprietary Limited (Reg. No. 1998/020799/07),

Adumo (RF) Proprietary Limited (Reg. No.

2017/540380/07), Lesaka Alternative Digital Products Proprietary Limited (previously named

"

*EasyPay Proprietary Limited*

") (Reg. no. 1983/008597/07),

Lesaka Merchant Solutions Proprietary

Limited (previously named "Main Street 1723 Proprietary Limited") (Reg. no. 2019/300711/07) and

Lesaka Cash Rentals Proprietary Limited (previously named "Cash Connect Rentals Proprietary

Limited") (Reg. no. 2009/007139/07) (#### "the Original WCF Borrowers") under the General Banking

Facility Agreement, with Facility Letter no: CM/02/Lesaka/2025, concluded on/or about 27 February

2025, as amended by the First Addendum to General Banking Facility Letter No.

CM/02/Lesaka/2025, concluded on or about 16 July 2025 (together "

#### the Original WCF

#### Agreement
").

1.2. The Original Borrowers and the Bank have agreed to make certain amendments to the Original

WCF Agreement by,

*inter alia,*

adding Additional WCF Borrowers as Borrowers and by increasing

and amending the Facility Amounts of the Facilities.

#### AMENDMENT AND RESTATEMENT OF THE ORIGINAL WCF AGREEMENT
Accordingly, the Bank and the Original WCF Borrowers agree that the Original WCF Agreement shall be

amended and restated in the form set out in Schedule 1 hereto (the

#### Amended and Restated General

#### Banking Facilities Agreement),

with effect from the date on which the Amended and Restated General

Banking Facilities Agreement becomes unconditional in accordance with its terms

.

The Original WCF Agreement remains of force and effect and is not novated but is being amended and

restated pursuant to the Amended and Restated General Banking Facilities Agreement.

#### Exhibit 10.52

#### SCHEDULE 1

#### AMENDED AND RESTATED GENERAL BANKING FACILITIES AGREEMENT
Facility letter no: CM/03/Lesaka/2026

27 March 2026

The Directors

Lesaka Technologies Proprietary Limited

4th Floor President Place

Cnr. Jan Smuts Avenue & Bolton Road, Rosebank

Johannesburg

South Africa

2196

Attention: Daniel Smith (Group Chief Financial Officer)

#### GENERAL BANKING FACILITIES AGREEMENT
FIRSTRAND BANK LIMITED (Reg. No. 1929/001225/06) ("

#### the Bank
"), has pleasure in offering Lesaka

Technologies Proprietary Limited, registration number 2002/031446/07 and each entity which has executed

this Amended and Restated General Banking Facilities Agreement (also referred to herein as the "

#### Amended

#### and Restated

#### General Banking Facilities Agreement
"), (individually "

#### the Borrower
", collectively "

#### the

#### Borrowers
"), the general banking facilities described below

*("*

#### the Facilities
*"*

and each a

*"*

#### Facility
*")*

, subject to

the terms and conditions set out in this Amended and Restated General Banking Facilities Agreement and the

Bank's General Terms and Conditions Version GTC0118NS

*("*

#### the GTC's
").

#### RECORDAL: COMMON TERMS AGREEMENT
Utilisation of the Facilities recorded in this Amended and Restated General Banking Facilities Agreement are

subject to the terms and conditions of the amended and restated common terms agreement concluded on or

about 27 February 2026 between, amongst others, Lesaka Technologies, Inc. (as Holdco), the Term/RCF

Borrower (as borrower), FirstRand Bank Limited (acting through its Rand Merchant Bank division) (#### RMB) (as

original senior lender), Investec Bank Limited (acting through its Investment Banking Division: Corporate

Solutions) (as original senior lender) (#### Investec), RMB (as facility agent) (#### Facility Agent), RMB (as original

WCF lender), FirstRand Bank Limited (acting through its WesBank division) and Bowwood and Main No 408

(RF) Proprietary Limited (as debt guarantor), as amended from time to time (the "

#### CTA") (which are incorporated

by reference herein. This Amended and Restated General Banking Facilities Agreement constitutes a Finance

Document as defined in CTA.

Capitalised terms not otherwise defined herein shall bear the meaning ascribed to them in the CTA.

The obligation of the Bank to make the Facilities (or any of them) available under this Amended and Restated

General Banking Facilities Agreement and to allow any utilisation under any of the Facilities under this

Amended and Restated General Banking Facilities Agreement, and the right of each WCF Borrower to utilise

any Facility under this Amended and Restated General Banking Facilities Agreement, are subject to fulfilment

of the Additional Conditions Precedent (as defined below) and the Special Terms set forth below.

#### ADDITIONAL CONDITIONS PRECEDENT:
1.1 The granting and continued use of the Facilities as set forth in this Amended and Restated

General Banking Facilities Agreement is subject to the following Additional Conditions

Precedent being satisfied, to the satisfaction and/or waiver of the Bank (as the case may be):-

1.2 The Bank being provided with copies of all the Lenders' approval to the addition of the Additional

WCF Borrowers, as contemplated in clause 27.2.1.1 of the CTA;

1.3 Each Additional WCF Borrower providing the Bank and the Facility Agent with an Accession

Letter, substantially in the form set out in Part II of Annexure D (Forms of Accession Letter) of

the CTA;

1.4 The Bank being provided with a fully executed amendment letter to the CTA (the "

#### CTA

#### Amendment Letter
"), duly entered into by each Party to it;

1.5 The Bank being provided with a copy of a special resolution duly passed by the holders of the

issued shares of each Obligor, WCF Borrower and/or Security Provider authorising it, for all

purposes required under section 45 of the Companies Act, to provide the "financial assistance"

that may arise as a result of its entry into the Amendment Letter, this Amended and Restated

General Banking Facilities Agreement and the Accession Letter (as applicable) (collectively, the

"

#### New Finance Documents
");

1.6 The Bank being provided with a copy of a resolution of the board of directors of each Obligor

and Security Provider and Additional WCF Borrower which is a party to a New Finance

Document, to the extent applicable -

1.6.1 approving the terms of, and the transactions contemplated by, the New Finance

Documents, to which it is a party and resolving that it execute the New Finance

Documents to which it is a party;

1.6.2 authorising it, for all purposes required under sections 45 and/or 46 of the Companies

Act (as applicable), to provide the "financial assistance" and to make any "distribution"

that may arise as a result of its entry into the New Finance Documents to which it is a

party;

1.6.3 authorising a specified person or persons to execute the New Finance Documents to

which it is a party on its behalf; and

1.6.4 authorising a specified person or persons, on its behalf, to sign and/or despatch all

documents and notices to be signed and/or despatched by it under or in connection with

the New Finance Documents to which it is a party.

1.7 The Bank being provided with fully executed Amended and Restated General Banking Facilities

Agreement, duly entered into by each Party to it.

1.8 The Bank being provided with:-

1.8.1 A legal opinion of Werksmans Inc, legal advisers to the Finance Parties, addressed to

the Facility Agent for and on behalf of the Finance Parties, substantially in the form

distributed to the Original Senior Lenders prior to signing this Agreement in respect of:

1.8.1.1 the legality, validity and enforceability of the New Finance Documents; and

1.8.1.2 the capacity, powers and authority of Additional WCF Borrowers, the Obligors

and other Security Providers which are party to the New Finance Documents, to

enter into and perform their obligations under the New Finance Documents and

the due execution of those documents.

1.8.2 A legal opinion of [McDermott Will & Emery, LLP], legal advisers to the Finance Parties

in the US] and in the State of Florida addressed to the Facility Agent for and on behalf

of the Finance Parties, substantially in the form distributed to the Original Senior Lenders

prior to signing this Agreement, in respect of the capacity, powers and authority of Holdco

to enter into and perform its obligations under the New Finance Documents to which it is

a party and the due execution of those documents under Florida law.

1.9 The Bank being provided with a copy of the written notification from the Facility Agent to the

Term/RCF Borrower and the Lenders that it has received (in form and substance satisfactory to

it) all the documents and other evidence listed in Part II of Annexure B (Conditions precedent)

of the CTA in relation to each Additional WCF Borrower.

#### FACILITIES
2.1. #### Short Term Direct
Borrower/s: Lesaka Technologies Proprietary Limited (Reg. no. 2002/031446/07)

Lesaka Cash Management Proprietary Limited (previously named "Cash

Connect Management Solutions Proprietary Limited")

(Reg. no. 2006/010530/07)

Lesaka Merchant Solutions Proprietary Limited (previously named "Main Street

1723 Proprietary Limited") (Reg. no. 2019/300711/07)

GAAP-Point-of-Sale Proprietary Limited (Reg. no. 1999/003571/07)

Facility Amount: R1,082,203, 936

Utilisation: General Banking Products.

Term of Facility: Demand Facility.

Special Terms: The granting and continued use of this Short Term Direct facility is subject to

the following conditions:

● The utilisation of this Facility by Lesaka Cash Management Proprietary

Limited (previously named "Cash Connect Management Solutions

Proprietary Limited")may not exceed R170,000,000;

● The utilisation of this Facility by Lesaka Merchant Solutions Proprietary

Limited (previously named "Main Street 1723 Proprietary Limited")may

not exceed R100,000,000;

● The utilisation of this Facility by GAAP-Point-of-Sale Proprietary Limited

may not exceed R10,000,000.

● Within 5 (five) Business Days of the sale by Lesaka Capital Proprietary

Limited (previously named "Cash Connect Capital Proprietary Limited")

and K2020 Proprietary Limited of a whole or part of their merchant loan

book to Bank Zero Mutual Bank and the sale by Lesaka Financial

Services Proprietary Limited (previously named "EasyPay Financial

Services Proprietary Limited") of the whole or part of its consumer loan

book to Bank Zero Mutual Bank, this Facility will automatically, without

further notice to the Borrower, reduce by R400,000,000 (four hundred

million South African Rands) and the Borrower undertakes to deposit

sufficient funds into their account so as to remain within the reduced

Facility Limit.

2.2. Borrower/s: Lesaka Technologies Proprietary Limited (Reg. no. 2002/031446/07)

Lesaka Cash Management Proprietary Limited (previously named "Cash

Connect Management Solutions Proprietary Limited") (Reg. no. 2006/010530/07)

Lesaka Merchant Solutions Proprietary Limited (previously named "Main Street

1723 Proprietary Limited") (Reg. no. 2019/300711/07)

Lesaka Payments Proprietary Limited (previously named "Adumo Payments

Proprietary Limited") (Reg. no. 2015/427833/07)

GAAP-Point-of-Sale Proprietary Limited (Reg. no. 1999/003571/07)

Lesaka Utilities Proprietary Limited (previously named "Recharger Proprietary

Limited") (Reg. no. 2022/218906/07)

Facility Amount: R7,500,000 (seven million five hundred thousand Rand).

Utilisation: Corporate Credit Cards.

Term of Facility: Demand Facility.

Special Terms: The granting and continued use of this Short Term Direct facility is subject to

the following conditions:

● The utilisation of this Facility by Lesaka Technologies Proprietary may

not exceed an aggregate amount of R2,100,000;

● The utilisation of this Facility by Lesaka Cash Management Proprietary

Limited (previously named "Cash Connect Management Solutions

Proprietary Limited"), may not exceed R1,000,000; and

● The utilisation of this Facility by Lesaka Merchant Solutions Proprietary

Limited (previously named "Main Street 1723 Proprietary Limited") may

not exceed R1,500,000.

● The utilisation of this Facility by Lesaka Payments Proprietary Limited

(previously named "Adumo Payments Proprietary Limited") may not

exceed R1,300,000.

● The utilisation of this Facility by GAAP-Point-of-Sale Proprietary Limited

may not exceed R1,500,000.

● The utilisation of this Facility by Lesaka Utilities Proprietary Limited

(previously named "Recharger Proprietary Limited") may not exceed

R100,000.

2.3. Borrower/s: Lesaka Technologies Proprietary Limited (Reg. no. 2002/031446/07)

Facility Amount: R12,000,000 (twelve million Rand).

Utilisation: Auto Cards.

Term of Facility: Demand Facility.

2.4. 7

Borrower/s: Lesaka Technologies Proprietary Limited (Reg. no. 2002/031446/07)

Lesaka Cash Management Proprietary Limited (previously named "Cash

Connect Management Solutions Proprietary Limited")

(Reg. no.

2006/010530/07)

Lesaka Merchant Solutions Proprietary Limited (previously named "Main Street

1723 Proprietary Limited") (Reg. no. 2019/300711/07)

GAAP-Point-of-Sale Proprietary Limited (Reg. no. 1999/003571/07)

Lesaka Payments Proprietary Limited (previously named "Adumo Payments

Proprietary Limited") (Reg. no. 2015/427833/07)

Facility Amount: R23,500,000 (twenty three million five hundred thousand Rand).

Utilisation: Fleet Cards.

Term of Facility: Demand Facility.

Special Terms: The granting and continued use of this Short Term Direct facility is subject to

the following conditions:

● The utilisation of this Facility by Lesaka Technologies Proprietary

Limited, may not exceed R19,000,000;

● The utilisation of this Facility by Lesaka Cash Management Proprietary

Limited (previously named "Cash Connect Management Solutions

Proprietary Limited"), may not exceed R850,000;

● The utilisation of this Facility by Lesaka Merchant Solutions Proprietary

Limited (previously named "Main Street 1723 Proprietary Limited") may

not exceed R2,000,000.

● The utilisation of this Facility by GAAP-Point-of-Sale Proprietary Limited

may not exceed R1,500,000.

● The utilisation of this Facility by Lesaka Payments Proprietary Limited

(previously named "Adumo Payments Proprietary Limited") may not

exceed R150,000.

2.5. #### Short Term Contingent
Borrower/s: Lesaka Technologies Proprietary Limited (Reg. no. 2002/031446/07)

Lesaka Cash Management Proprietary Limited (previously named "Cash

Connect Management Solutions Proprietary Limited")

(Reg. no. 2006/010530/07)

Lesaka Merchant Solutions Proprietary Limited (previously named "Main Street

1723 Proprietary Limited") (Reg. no. 2019/300711/07)

Adumo Management Company Proprietary Limited

(Reg. no. 2021/147994/07)

Lesaka Alternative Digital Products Proprietary Limited (previously named

"EasyPay Proprietary Limited") (Reg. no. 1983/008597/07)

Facility Amount: R4,700,000 (four million seven hundred thousand Rand).

Utilisation: Guarantees.

Term of Facility: Demand Facility.

Special Terms: The granting and continued use of this Short Term Contingent facility is subject

thereto that.

● Individual guarantees issued under this Facility must be in the format

acceptable to the Bank and may have expiry dates exceeding 12

(twelve) months from date of issue, alternatively same must provide for

notice of cancellation by the Bank with the notice period not to exceed 3

(three) months, unless otherwise advised by the Bank in writing;

● The utilisation of this Facility by Lesaka Cash Management Proprietary

Limited (previously named "Cash Connect Management Solutions

Proprietary Limited"), may not exceed R850,000; and

● The utilisation of this Facility by Lesaka Merchant Solutions Proprietary

Limited (previously named "Main Street 1723 Proprietary Limited") may

not exceed R2,350,000.

● The utilisation of this Facility by Adumo Management Company

Proprietary Limited may not exceed R1,500,000.

2.6. #### Long Term Contingent
Borrower/s: Lesaka Cash Management Proprietary Limited (previously named "Cash

Connect Management Solutions Proprietary Limited")

(Reg. no. 2006/010530/07)

Lesaka Merchant Solutions Proprietary Limited (previously named "Main Street

1723 Proprietary Limited") (Reg. no. 2019/300711/07)

Lesaka Alternative Digital Products Proprietary Limited (previously named

"EasyPay Proprietary Limited") (Reg. no. 1983/008597/07)

Lesaka Technologies Proprietary Limited (Reg. no. 2002/031446/07)

Facility Amount:

R57,697,064

Utilisation:

Financial guarantees.

Term of Facility: Demand Facility.

Special Terms: The granting and continued use of this Long Term Contingent facility is subject

thereto that:-

● Individual guarantees issued under this Facility must be in the format

acceptable to the Bank;

● The utilisation of this Facility by Lesaka Cash Management Proprietary

Limited (previously named "Cash Connect Management Solutions

Proprietary Limited"), may not exceed R2,000,000; and

● The utilisation of this Facility by Lesaka Merchant Solutions Proprietary

Limited (previously named "Main Street 1723 Proprietary Limited")may

not exceed R4,000,000.

● The utilisation of this Facility by Lesaka Alternative Digital Products

Proprietary Limited (previously named "EasyPay Proprietary Limited")

may not exceed R31,697,064.

2.7. #### Short Term Pre-Settlement
Borrower/s: Lesaka Technologies Proprietary Limited (Reg. no. 2002/031446/07)

Lesaka Cash Management Proprietary Limited (previously named "Cash

Connect Management Solutions Proprietary Limited")

(Reg. no. 2006/010530/07)

Facility Amount: R14,000,000 (fourteen million Rand) (margined).

Utilisation: Forward Exchange Contracts.

Term of Facility: Demand Facility.

Special Terms: The granting and continued use of this Short Term Pre-Settlement facility is

subject thereto that:

● The utilisation of this Facility by Lesaka Cash Management Proprietary

Limited (previously named "Cash Connect Management Solutions

Proprietary Limited") may not exceed R2,000,000; and

● The utilisation of this Facility by Lesaka Technologies Proprietary Limited

may not exceed R12,000,000.

2.8. #### Settlement
Borrower/s: Lesaka Technologies Proprietary Limited (Reg. no. 2002/031446/07)

Lesaka Cash Management Proprietary Limited (previously named "Cash

Connect Management Solutions Proprietary Limited")

(Reg. no. 2006/010530/07)

Lesaka Alternative Digital Products Proprietary Limited (previously named

"EasyPay Proprietary Limited") (Reg. no. 1983/008597/07)

Lesaka Cash Rentals Proprietary Limited (previously named "Cash Connect

Rentals Proprietary Limited")

Lesaka Payments Proprietary Limited (previously named "Adumo Payments

Proprietary Limited") (Reg. no. 2015/427833/07)

GAAP-Point-of-Sale Proprietary Limited (Reg. no. 1999/003571/07)

Lesaka Merchant Technologies Proprietary Limited (previously named "Adumo

Technologies Proprietary Limited") (Reg. no. 2000/029811/07)

Facility Amount: R326,000,000 (Three hundred and twenty six million Rands).

Utilisation: Settlement.

Term of Facility: Demand Facility.

Special Terms: The granting and continued use of this Settlement facility is subject thereto that:

● The total Facility Amount of this Settlement Facility will be made available for

utilisation by the Borrower/s for the first 6 (six) days of each month. On the

th

day of each month, the Facility Amount of this Settlement Facility will

automatically reduce to R50,000,000 (fifty million Rand), without further

notice to the Borrower/s.

● The utilisation of this Facility by Lesaka Technologies Proprietary Limited may

not exceed R291,000,000;

● The utilisation of this Facility by Lesaka Payments Proprietary Limited

(previously named "Adumo Payments Proprietary Limited") may not exceed

R30,000,000;

● The utilisation of this Facility by GAAP-Point-of-Sale Proprietary Limited may

not exceed R2,000,000;

● The utilisation of this Facility by Lesaka Merchant Technologies Proprietary

Limited (previously named "Adumo Technologies Proprietary Limited") may

not exceed R3,000,000.

#### FURTHER SPECIAL TERMS TO THE FACILITIES.
2.1. The granting and use of the Facilities by a Borrower is subject to the fulfilment of the Additional

Conditions Precedent;

2.2. The Borrowers and the Bank agree that the Single Balance Cash Management Scheme (as defined

in the GTC's) shall apply in respect of the Borrower's Demand Deposit Accounts except for those that

are excluded by agreement.

3. #### TERMS AND CONDITIONS APPLICABLE TO THE FACILITIES
3.1. Subject to 2.2 below, the provisions of the GTC's (GTC0119NS) are incorporated herein and shall

apply to each Facility and its utilisation.

3.2. The following provisions of the CTA are incorporated mutatis mutandis by reference into this Amended

and Restated General Banking Facilities Agreement and shall apply to the Facilities as if repeated

herein in full:

3.2.1 Clause 8.1 to clause 8.3 (Prepayment and Cancellation).

3.2.2 Clause 15 (Tax Gross-Up, Tax Indemnity)

3.2.3 Clause 16 (Changes in Costs);

3.2.4 Clause 22 (Information Undertakings);

3.2.5 Clause 24 (General Undertakings); and

3.2.6 Clause 25 (Events of Default).

Neither the expiry or termination of any provision of the CTA nor the repayment of the indebtedness or

cancellation of the commitments thereunder shall affect the operation and/or enforceability of any

provision of the CTA which is incorporated by reference in this Amended and Restated General

Banking Facilities Agreement and such provision shall remain of full force and effect as incorporated

in this Amended and Restated General Banking Facilities Agreement as though such expiry,

termination, repayment and/or cancellation has not occurred.

3.3 Utilisation of a Facility may be also subject to the relevant Borrower being required to conclude further

agreement(s) and/or document(s) in relation to specific banking products ("

#### Transaction Annexure/s
").

3.4 Any inconsistency between the provisions of this Amended and Restated General Banking Facilities

Agreement, the provisions of the CTA which is incorporated by reference herein, the GTC's and/or a

Transaction Annexure will be resolved by applying the following (descending) order of preference:

3.4.1 a/the Transaction Annexure/s;

3.4.2 This Amended and Restated General Banking Facilities Agreement;

3.4.3 the CTA; and

3.4.4 the GTC's.

3.12 For so long as the provisions of the CTA apply to the Amended and Restated General Banking Facilities

Agreement, the following provisions of the CTA will override the following provisions of the GTC's:

3.12.1 Clause 15 (Tax Gross-up and indemnities) of the CTA replaces clauses 7.2 and 7.3 of the GTC's;

3.12.2 Clause 21 (Representations) of the CTA replaces clause 9 (Warranties) of the GTC's;

3.12.3 Clauses 22 (Information Undertakings), 23 (Financial Covenants) and 23 (General Undertakings) of the

CTA replaces clause 10 (Undertakings) of the GTC's;

3.12.4 Clause 16 (Changes in Costs) of the CTA replaces Clause 11 (Change in Circumstances) of the GTC's;

3.12.5 Clause 8.3 (Mandatory prepayment – change of control or transfer of business) of the CTA replaces

Clause 13 (Change in Control) of the GTC's;

3.12.6 Clause 25 (Events of Default) of the CTA replaces Clause 14 (Events of Defaults of the GTC's);

3.12.7 Clause 35 (Notices) of the CTA replaces Clause 17 (Notices and Addresses for Legal Proceedings) of

the GTC's;

3.12.8 Clauses 24.20 (Environmental Matters) replaces clause 23 (Environmental Responsibility) of the GTC's;

3.12.9 Clause 26 (Changes to Lenders) replaces clause 22.2 of the GTC's;

3.12.10 Clause 19 (Costs and Expenses) of the CTA replaces clause 25 (Costs) of the GTC's; and

3.12.11 Clause 37 (Confidentiality) of the CTA replaces clause 26 (Disclosures and Privacy) of the GTC's.

3.13. In amplification of the above, where any definition (including the events of default), representation,

warranty or undertaking is reflected or given in more than one of the above documents in respect of

substantially the same matter, the definition, event of default, representation, warranty or undertaking

reflected or given in a particular document will apply to the exclusion of (and not co-extensively with)

the corresponding definition, representation, warranty or undertaking given in any document below it in

the order of preference stated above.

3.14 Words and phrases defined in the GTC's shall bear the same meaning assigned to them when used in

this Amended and Restated General Banking Facilities Agreement unless the contrary is indicated.

4. #### DEBT GUARANTOR AND RELATED SECURITY
4.1 The Facilities shall be secured,

*inter alia*

, by all the Security Documents and guarantees required under the

CTA, including but not limited to the following:

4.1.1 Security Cession & Pledge;

4.1.2 The Holdco Cession & Pledge;

4.1.3 The Transaction Security (Annexure G of the CTA);

4.1.5 the Guarantee and Indemnity set out in clause 20 of the CTA; and

4.1.6 The Debt Guarantee.

5. #### FINANCIAL COVENANTS
5.1. The Borrower shall ensure that for the duration of each Facility, the Financial Covenants as provided

for in clause 23 of the CTA are maintained, with the same measurement periods as provided for therein

being applied.

5.2. In the event that the CTA is settled or terminated prior to the termination of any Facility, the Bank

reserves the right to amend or continue to apply the Financial Covenants to the Facilities. In the event

of the Borrower not accepting any such amended financial covenants the Bank reserves the right to

cancel the Facilities whereupon all amounts outstanding under the Facilities will become due and

payable.

6. #### AVAILABILITY OF THE FACILITY
6.1 Subject to the terms of this

Amended and Restated

General Banking Facilities Agreement, each

Facility shall be made available by the Bank to the relevant Borrower as and when required by the

Borrower, provided that:

6.1.1 the aggregate of all amounts utilised under each Facility at any time shall not, at any time exceed the

facility limit of that Facility;

6.1.2 the aggregate amount of the face value of any guarantees and/or letters of credit issued against the

relevant Facilities and which remain in issue and all amounts utilised under the relevant Facilities at

any time in the form of guarantees and/or letters of credit shall not, at any time exceed the facility limits;

and

6.1.3 save for the requirement for the delivery of any drawdown or other request in connection with the

utilisation of any Facility and save for an Event of Default or a breach of any of the terms and conditions

of this Amended and Restated General Banking Facilities Agreement or the CTA, the Initial Conditions

Precedent have then been satisfied (or waived by the Bank in writing).

7. #### EVENT OF DEFAULT

7.1. If an Event of Default has occurred and is continuing the Bank shall have the right to immediately

suspend and cancel each Facility, and, without prejudice to any other rights which the Bank may have

pursuant to the CTA or at law, to require the Borrower to immediately repay all amounts outstanding

under each Facility in terms of this Amended and Restated General Banking Facilities Agreement.

7.2. Should any Borrower at any time become obliged to make any mandatory prepayments (under the

provisions of clause 8 of the CTA) or to pay any or all amounts outstanding on any or all of the Facilities,

then that Borrower shall on the date on which that Borrower becomes liable to make such payments

place on deposit in an interest bearing account with the Bank an amount equal to all contingent and

pre-settlement exposure (including but not limited to guarantees and/or forward exchange contracts

liabilities) of the Bank under the Facilities which are not yet due and payable. Should any deposit be

made as aforesaid, that Borrower hereby pledges and cedes (but not an out and out cession) all

amounts so deposited and all rights in and to such account to the Bank as continuing covering security

for that Borrower's obligations with regard to such liabilities, provided that in the event of such liabilities

ceasing to exist, the amount of the deposit that would not be required to discharge the liability shall

thereupon be returned to the relevant Borrower.

8. #### REPAYMENT
8.1. Notwithstanding the provisions of clause 7 above, where a Facility is a demand facility, the Bank may

at any time, by way of written notice:

8.1.1. demand immediate repayment and/or performance by the Borrowers of all amounts and/or

all obligations owing to the Bank under the Facilities; and/or

8.1.2. immediately terminate the Facilities;

and in any such event the Borrowers shall be obliged to immediately repay all amounts owing under

the Facilities and/or to immediately perform all its obligations under the Facilities, as the case may be.

8.2. Notwithstanding clause 8.1, the Bank may in its discretion require repayment or performance by the

Borrowers of their obligations or termination of the Facilities at such later date as may appear in the

notice.

8.3. All payments and/or monies received by the Bank shall be appropriated firstly in settlement of the

Bank's costs and fees, thereafter to the arrear or penalty interest (if any), thereafter to interest, and

thereafter the balance (if any) to the principal debt due and/or owing to the Bank, provided that the

longest outstanding principal debt due and/or owing shall be settled first.

8.4. The Bank shall have the right to debit to an account at the Bank in the name of any Borrower any costs

and fees for which the Borrowers are liable and all amounts paid by the Bank for and on behalf of the

Borrowers pursuant to the provision of the Facilities, as well as any interest (including penalty interest)

accruing on the Facilities, in terms of the Facility Terms and Condition.

9. #### EXISTING AGREEMENTS AND ROLLOVER
a) The Parties record that the Bank has made facilities available to the Original WCF Borrowers under

the Original WCF Agreement. The Parties agree that, subject to the fulfilment of the Additional

Conditions Precedent (as defined herein) to the satisfaction of the Bank, with effect from the date

on which this Amended and Restated General Banking Facilities Agreement becomes

unconditional in accordance with its terms, any utilisation under the

#### Original WCF Agreement
shall be deemed to be a utilisation under the corresponding Facility under this Amended and

Restated General Banking Facilities Agreement and shall be subject to the terms and conditions of

this Amended and Restated General Banking Facilities Agreement, as read with the GTC's and the

CTA.].

10. #### PRICING AND COMMITMENT FEES
10.1. Pricing (including applicable interest rates, commitment fees and other pricing) will be in accordance

with the Bank's usual fees in force from time to time, save to the extent that the Bank and the Borrowers

have agreed otherwise in terms of a written pricing schedule or agreement ("t

#### he Pricing Letter
").

10.2. Commitment Fee effective date: where a commitment fee is payable on any Facility in accordance with

the terms of this Amended and Restated General Banking Facilities Agreement or a separate Pricing

Letter, such fee is effective and payable from the date the Bank makes the Facility available to the

Borrower. This applies equally to any increase, temporary increase or seasonal increase and

temporary facility which the Bank may make available.

10.3. The initial pricing on the Facility listed in clause 1.1 above will be set out below, but subject to the

Bank's annual pricing review:

Interest Rate: Prime Rate less

#### 50bps
(fifty basis points).

In this regards "Prime Rate" means the interest rate from time to time

published by the Bank as being its prime overdraft rate, calculated on a

365 (three hundred and sixty-five) day year irrespective of whether the

applicable year is a leap year, as certified by any manager of the Bank,

whose appointment and designation need not be proven.

Interest will be levied at the Interest Rate and compounded monthly.

Interest shall be calculated on the daily outstanding balance and

capitalised monthly in arrears.

Commitment Fee:

#### 70bps
(seventy basis points) per annum (excluding VAT), where

utilisation of this Facility is less than 90%, will be calculated daily and

payable monthly in arrears.

Annual Review Fee:

#### 15bps
(fifteen basis points) (excluding VAT).

Capital Holding Fee:

#### 94bps
(ninety four basis points) (excluding VAT) per annum, on the

Facility Amount as described in clause 1.1 above, calculated daily and

payable monthly in arrears.

Upfront Fee:

#### R3,000,000
(three million South African Rands) (excluding VAT).

11. #### ACCEPTANCE
Although the Bank intends to review the Facilities annually, the Bank may conduct the review at any time.

This Amended and Restated

General Banking Facilities Agreement, if accepted, will be in substitution of

and not in addition to all previous Facility Letters provided to the Borrowers.

Please acknowledge your agreement to the above by signing the two originals of this Amended and

Restated

General Banking Facilities Agreement and initialling the GTC's and returning one of each to us.

You should retain the other duplicate original for yourself.

This Amended and Restated General Banking Facilities Agreement may be executed in any number of

counterparts, and this has the same effect as if the signatures on the counterparts were on a single copy

of the Amended and Restated General Banking Facilities Agreement.

We thank you for your support and look forward to conducting business with you in future.

Yours faithfully

#### For and behalf of: FirstRand Bank Limited

#### (acting through its Rand Merchant Bank division).

#### /s/ Wally Laurens

#### /s/ Shaun de Sousa
Authorised signatory

Authorised signatory

Accepted at Rosebank this 27 day of March 2026.

#### For and on behalf of: Lesaka Technologies Proprietary Limited

#### (Reg. No.

#### 2002/031446/07)
Daniel Luke Smith

Full name of duly authorised signatory Full name of duly authorised signatory

Group Chief Financial Officer

Capacity / Office Capacity / Office

#### /s/ Daniel Smith
Signature (who warrants his/her authority) Signature (who warrants his/her authority)

#### For and on behalf of: Lesaka Cash Management Proprietary Limited

#### (previously named "Cash Connect Management Solutions Proprietary Limited")

#### (Reg. no. 2006/010530/07)
Naeem Kola______________________________ ________________________________

Full name of duly authorised signatory Full name of duly authorised signatory

Director______________________________ ________________________________

Capacity / Office Capacity / Office

#### /s/ Naeem Kola
_________________________________ __________________________________

Signature (who warrants his/her authority) Signature (who warrants his/her authority

#### For and on behalf of:

#### Lesaka Alternative Digital Products Proprietary Limited

#### (previously named "EasyPay Proprietary Limited")

#### (Reg. no. 1983/008597/07)
Daniel Smith______________________________ ________________________________

Full name of duly authorised signatory Full name of duly authorised signatory

Group Chief Financial Officer______________________________

________________________________

Capacity / Office Capacity / Office

#### /s/ Daniel Smith
_________________________________

__________________________________

Signature (who warrants his/her authority) Signature (who warrants his/her authority)

#### For and on behalf of: Lesaka Merchant Solutions Proprietary Limited

#### (previously named "Main Street 1723 Proprietary Limited")

#### (Reg. no. 2019/300711/07)
Daniel Smith______________________________ ________________________________

Full name of duly authorised signatory Full name of duly authorised signatory

Group Chief Financial Officer______________________________

________________________________

Capacity / Office Capacity / Office

#### /s/ Daniel Smith
_________________________________

__________________________________

Signature (who warrants his/her authority) Signature (who warrants his/her authority

#### For and on behalf of: Lesaka Cash Rentals Proprietary Limited

#### (previously named "Cash Connect Rentals Proprietary Limited")

#### (Reg. no. 2009/007139/07)
Daniel Smith______________________________ ________________________________

Full name of duly authorised signatory Full name of duly authorised signatory

Group Chief Financial Officer______________________________

________________________________

Capacity / Office Capacity / Office

#### /s/ Daniel Smith
_________________________________

__________________________________

Signature (who warrants his/her authority) Signature (who warrants his/her authority)

#### For and on behalf of: GAAP-Point-of-Sale Proprietary Limited

#### (Reg. no. 1999/003571/07)
Daniel Smith______________________________ ________________________________

Full name of duly authorised signatory Full name of duly authorised signatory

Group Chief Financial Officer______________________________

________________________________

Capacity / Office Capacity / Office

#### /s/ Daniel Smith
_________________________________

__________________________________

Signature (who warrants his/her authority) Signature (who warrants his/her authority)

#### For and on behalf of:

#### Lesaka Payments Proprietary Limited

#### (previously named "Adumo Payments Proprietary Limited")

#### (Reg. no. 2015/427833/07)
Seth Angel______________________________ ________________________________

Full name of duly authorised signatory Full name of duly authorised signatory

CFO - Merchant______________________________ ________________________________

Capacity / Office Capacity / Office

#### /s/ Seth Angel
_________________________________ __________________________________

Signature (who warrants his/her authority) Signature (who warrants his/her authority)

#### For and on behalf of: Lesaka Merchant Technologies Proprietary Limited (previously named

#### "Adumo Technologies Proprietary Limited") (Reg. no. 2000/029811/07)
Daniel Smith______________________________ ________________________________

Full name of duly authorised signatory Full name of duly authorised signatory

Group Chief Financial Officer______________________________

________________________________

Capacity / Office Capacity / Office

#### /s/ Daniel Smith
_________________________________

__________________________________

Signature (who warrants his/her authority) Signature (who warrants his/her authority)

#### For and on behalf of: Adumo Management Company Proprietary Limited

#### (Reg. no. 2021/147994/07)
Daniel Smith______________________________ ________________________________

Full name of duly authorised signatory Full name of duly authorised signatory

Group Chief Financial Officer______________________________

________________________________

Capacity / Office Capacity / Office

/s/ Daniel Smith_________________________________ __________________________________

Signature (who warrants his/her authority) Signature (who warrants his/her authority)

#### For and on behalf of:

#### Lesaka Utilities Proprietary Limited

#### (previously named "Recharger Proprietary Limited")

#### (Reg. no. 2022/218906/07)
Naeem Kola______________________________ ________________________________

Full name of duly authorised signatory Full name of duly authorised signatory

Director______________________________ ________________________________

Capacity / Office Capacity / Office

#### /s/ Naeem Kola
_________________________________ __________________________________

Signature (who warrants his/her authority) Signature (who warrants his/her authority)