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Letshego aims to be pan-African digital giant

Friday, March 11, 2022 | 910 Views |

Changing fortunes: Okai says Letshego is moving into a new high growth trajectory

Homegrown microlender, Letshego Holdings plans to accelerate its transformation into a major digital financial services retailer in Africa, building up a registry of five million customers in the next three years to become one of the continent’s biggest players in that type of fintech.

From its traditions as a deduction at source business targetting the civil service, Letshego has expanded over the years to the mass marketing of its credit products and also financing of small to medium enterprises.

The microlender has also grown its reach to 10 other African countries and embarked on an aggressive digitisation strategy that has increased its customer base beyond the deduction at source core.

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Letshego aims to be pan-African digital giant

Homegrown microlender, Letshego Holdings plans to accelerate its transformation into a major digital financial services retailer in Africa, building up a registry of five million customers in the next three years to become one of the continent’s biggest players in that type of fintech.

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