Exhibit 21
SUBSIDIARIES OF REGISTRANT
 
The
 
following
 
is
 
a
 
list
 
of
 
subsidiaries
 
of
 
the
 
Company
 
as
 
of
 
June
 
30,
 
2025,
 
omitting
 
subsidiaries
 
which,
 
considered
 
in
 
the
aggregate, would not constitute a significant subsidiary.
 
 
NAME
WHERE ORGANIZED
Adumo Management Company (Pty) Ltd
Republic of South Africa
Adumo Online (Pty) Ltd
Republic of South Africa
Adumo Online Namibia (Pty) Ltd
Republic of Namibia
Adumo Payouts (Pty) Ltd
Republic of South Africa
Adumo Payments (Pty) Ltd
Republic of South Africa
Adumo Receipts (Prev.
 
Prodigi Africa) (Pty) Ltd
Republic of South Africa
Adumo RF (Pty) Ltd
Republic of South Africa
Adumo Technologies
 
(Pty) Ltd
Republic of South Africa
Cash Connect Capital (Pty) Ltd
Republic of South Africa
Cash Connect Management Solutions (Pty) Ltd
Republic of South Africa
Cash Connect Rentals (Pty) Ltd
Republic of South Africa
Deposit Manager (Pty) Ltd
Republic of South Africa
EasyPay (Pty) Ltd
Republic of South Africa
EasyPay Cash (Pty) Ltd
 
Republic of South Africa
EasyPay Financial Services (Pty) Ltd
Republic of South Africa
EasyPay Insurance (Pty) Ltd
Republic of South Africa
Evertrade 187 (Pty) Ltd
Republic of South Africa
Flickpay (Pty) Ltd
Republic of South Africa
GAAP Point of Sale (Pty) Ltd
Republic of South Africa
GAAP Botswana Pty Ltd
Republic of Botswana
GAAP Point of Sale East of Africa Ltd
Republic of Kenya
Genisus Risk
 
Republic of South Africa
Humble Software (Pty) Ltd
Republic of South Africa
Innervation Value
 
Added Services Botswana Pty Ltd
Republic of Botswana
Innervation Value
 
Added Services Namibia Pty Ltd
Republic of Namibia
K2021477132 (South Africa) (Pty) Ltd
Republic of South Africa
K2020 Connect (Pty) Ltd
Republic of South Africa
Kazang Prepaid Pty Ltd
Republic of Botswana
Kazang Prepaid Namibia Pty) Ltd
Republic of Namibia
Kwande Group (Pty) Ltd
Republic of South Africa
Main Street 1723 (Pty) Ltd
Republic of South Africa
Manje Mobile Electronic Payment Services (Pty) Ltd
Republic of South Africa
Lesaka Finance Holdings (Pty) Ltd
Republic of South Africa
Lesaka Mobile Solutions (Pty) Ltd
Republic of South Africa
Lesaka Technologies
 
(Pty) Ltd
Republic of South Africa
Lesaka Universal Electronic Technological
 
Solutions (Pty) Ltd
Republic of South Africa
Masterfuel Software and Support (Pty) Ltd
Republic of South Africa
Prism Holdings (Pty) Ltd
Republic of South Africa
Prism Payment Technologies
 
(Pty) Ltd
Republic of South Africa
Recharger (Pty) Ltd
Republic of South Africa
SwitchPay (Pty) Ltd
Republic of South Africa
Touchsides (Pty)
 
Ltd
Republic of South Africa
Masterpayment GmbH
Federal Republic of Germany
 
SmartSwitch Netherlands Holdings BV
Netherlands
Net1 Applied Technologies
 
Netherlands BV
Netherlands
NUEP Holdings S.a.r.l.
Luxembourg