Letshego strengthens market position
Despite headwinds experienced by financial services provider, Letshego, the company intends to have its operations smoothly sail through this year.
According to the company, the management has plans to continue building on its digitalisation strategy to scale sales growth and other indicators.
“We are confident they are behind us, equipping us to navigate 2024’s opportunities while managing ongoing challenges,” said Group Chief Executive Officer, Aupa Monyatsi in the latest preliminary unaudited full year results, 2022.
Monyatsi said the company is determined to drive sustainable growth and deliver value to all stakeholders.
In addition, Monyatsi said the company is optimistic its mobile lending portfolio is set for growth, supported by strong partnerships with mobile service providers.
“We are committed to providing accessible and competitive mobile lending products to empower individuals and businesses,” said Monyatsi.
Letshego also has plans to accelerate payment capabilities on its digital platform and continue momentum in deposit services, meeting customers’ digital needs for reliable and secure financial management.
“With a focus on customer-centric innovation and digitalization, we strive to enhance the accessibility and convenience of basic financial services, reinforcing our position as a trusted financial partner that improves lives.
“Overall, we are confident in our ability to navigate the opportunities and challenges of 2024, leveraging a positive economic environment and the strength of our core product proposition to drive sustainable growth and deliver value to all stakeholders,” said Monyatsi.