Letshego
Letshego is a pan-African consumer financial services group operating in 11 sub-Saharan African countries, providing lending, savings, and transactional services to unbanked and underbanked consumers and SMEs via branches, agents, and digital channels.
- Company typePrivate
- Founded1998
- HeadquartersGaborone, Botswana
- Headcount1,001–5,000
- GTM typeB2C
- OfferingServices
What Letshego does
Letshego is a pan-African consumer financial services group headquartered in Gaborone, Botswana, operating across 11 sub-Saharan African countries: Botswana, Eswatini, Ghana, Kenya, Lesotho, Mozambique, Namibia, Nigeria, Rwanda, Tanzania, and Uganda. Founded in 1998, the company provides lending, savings, and transactional services to unbanked and underbanked consumers and small-medium enterprises, with an explicit mandate to drive digital financial inclusion.
The core platform is a digital financial services stack delivered through a multi-channel distribution model that combines physical branches, field sales agents, call centers, and digital channels including USSD, WhatsApp, and mobile applications. The Letshego Digital Mall (letsgo.letshego.com) extends the offering online. Product extensions include a Mastercard-branded debit card launched in Mozambique in 2026 to enable secure local and international payments, and mobile money agent loan products launched in Uganda in December 2025 in partnership with MTN MoMo Uganda and dfcu Bank.
Revenue is generated through interest on lending products, transactional fees, and partner-driven distribution arrangements; pricing is not publicly disclosed. Letshego Holdings Limited is the legal entity, operating as a public limited company domiciled in Botswana with multiple subsidiaries across its footprint. The company maintains a public-facing investor portal, share price disclosure, credit rating disclosures, and annual reports, indicating a regulated, publicly-reporting financial institution, while the input data also lists company_type as private, reflecting a source-data inconsistency. Recent strategic activity has emphasized partnerships with major fintech and payments players (Mastercard, MTN) and engagement with central banks (Bank of Ghana) to support expansion in priority markets such as Ghana.
Letshego firmographics
Firmographics- Name
- Letshego
- Legal name
- Letshego Holdings Limited
- Website
- https://letshego.com
- Company type
- Private
- Founded year
- 1998
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- Letshego is a pan-African consumer financial services group operating in 11 sub-Saharan African countries, providing lending, savings, and transactional services to unbanked and underbanked consumers and SMEs via branches, agents, and digital channels.
- Ownership category
- akta.pro rank
Where Letshego is headquartered
LocationHeadquarters
- HQ city
- Gaborone
- HQ country
- Botswana
- HQ region
- Africa
Offices3 records
Markets served
Letshego business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Distribution channels3 records
Marketing channels1 record
Letshego product offering
Product offeringCore offering
Letshego is a pan-African consumer lending and financial services group that provides lending, savings, and transactional services to consumers and small-medium enterprises across 11 sub-Saharan African countries. Its offerings are delivered through a multi-channel distribution model spanning physical branches, field sales agents, call centers, and digital platforms (USSD, WhatsApp, mobile applications). The group's product suite includes the Letshego Financial Services Platform, the Letshego Digital Mall, a Mastercard-partnered debit card, and mobile money loan products developed with MTN MoMo and dfcu Bank.
Product overview
Letshego is a pan-African financial services group operating across 11 sub-Saharan African countries (Botswana, Eswatini, Ghana, Kenya, Lesotho, Mozambique, Namibia, Nigeria, Rwanda, Tanzania, and Uganda). The company provides a comprehensive suite of financial services centered around its core lending, savings, and transactional platform. Additional offerings include a Mastercard debit card (in Mozambique) for digital financial inclusion and the Letshego Digital Mall for online service access. The group focuses on serving unbanked and underbanked populations through digital channels and physical branch networks.
Differentiator
Problem solved
Functional benefit
Products and services
- Letshego Financial Services Platform A pan-African financial services platform providing lending, savings, and transactional services to consumers and small-medium enterprises across 11 sub-Saharan African countries.
- Letshego Digital Mall An online digital mall platform enabling customers across sub-Saharan Africa to access Letshego's digital financial services and products.
- Letshego Debit Card (Mastercard Partnership) A debit card launched in partnership with Mastercard in Mozambique, enabling secure local and international transactions for Mozambican consumers and small-medium enterprises via Mastercard's network.
- Mobile Money Loan Products (MTN MoMo Uganda and dfcu Bank partnership) Loan products designed for mobile money agents in Uganda, providing immediate access to working capital, launched in partnership with MTN MoMo Uganda and dfcu Bank to enhance financial inclusion and support Uganda's digital economy.
Companies that use Letshego
Customer profileSegments1 record
Ideal customer profiles1 record
Letshego technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
Letshego partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered core and minor.
- MastercardcoreLetshego partnered with Mastercard to launch a debit card in Mozambique, facilitating secure local and international transactions via Mastercard's network. The partnership aims to promote digital financial inclusion and support economic digitization in Mozambique for consumers and small-medium enterprises.
- MTN MoMo UgandacorePartnership with MTN Mobile Money (Uganda) and dfcu Bank to launch two new loan products providing mobile money agents with immediate access to working capital. The offerings aim to enhance financial inclusion and support Uganda's digital and financial infrastructure.
- dfcu BankcorePartnership with dfcu Bank and MTN Mobile Money (Uganda) to launch loan products for mobile money agents to provide immediate working capital access, supporting Uganda's digital economy.
- MobileMoney Ltd (MTN Ghana)minorMobileMoney Ltd, a subsidiary of MTN Ghana, organized an awards ceremony honoring fintech stakeholders including Letshego for contributions to partnership and service excellence in Ghana's fintech ecosystem.
- Development Bank GhanaminorExploratory discussions held during Group CEO visit regarding impact financing initiatives in Ghana. Letshego Ghana identified as priority market within pan-African strategy.
- Bank of GhanaminorHigh-level discussions with Bank of Ghana Governor Dr Johnson Pandit Asiama and Second Deputy Governor Mrs Matilda Asante-Asiedu covering strategic growth plans and financial inclusion alignment, reinforcing regulatory collaboration and financial sector stability.
Scale indicators2 records
Recent moves6 records
Expansion highlights6 records
Letshego competitors and assessment
Company assessmentBroad incumbents
- Standard Bank Group: Largest African banking group with pan-African retail presence including countries where Letshego operates, providing an incumbent benchmark for cross-country consumer and SME banking scale.
- Ecobank Transnational Incorporated: Pan-African universal bank with consumer and SME operations across many of the same African markets as Letshego, and broader balance-sheet capabilities that overlap Letshego's deposits, payments, and lending businesses.
Direct peers
- Renmoney: Nigerian consumer and SME microfinance lender offering loans and savings to underbanked segments, closely comparable to Letshego's Nigerian and cross-African consumer lending focus.
- M-KOPA: Asset-financing and digital financial-services provider for underbanked consumers in Kenya and several other sub-Saharan markets; comparable as a digital-first, financial-inclusion-focused lender overlapping Letshego's customer profile.
- Co-operative Bank of Kenya: Large Kenyan retail and microfinance-oriented bank with growing presence in neighboring EAC markets, providing a directly comparable institutional alternative for financial-inclusion-led lending at scale.
- Equity Group Holdings: Publicly-listed Kenyan banking group with a multi-country sub-Saharan retail and microfinance footprint and a stated financial-inclusion mission, directly comparable to Letshego's pan-African consumer-lending strategy.
- NCBA Group Kenya: Kenyan retail bank with explicit microfinance, SME, and digital-lending segments, comparable to Letshego's consumer-and-SME digital-first lending model in East Africa.
- KCB Group: Publicly-listed Kenyan banking group with significant retail, microfinance, and SME lending in East Africa, mirroring Letshego's lending-led consumer model and digital distribution focus.
- Guaranty Trust Holding Company: Publicly-listed Nigerian banking group with strong retail and digital consumer-banking franchises across multiple African markets, comparable to Letshego's listed, multi-country consumer-lending profile.
Emerging players
- Safaricom (M-Pesa): Telecom-led mobile-money ecosystem that increasingly extends into credit, savings, and merchant finance in East Africa, representing both a partner/competitor dynamic and a comparable financial-inclusion distribution footprint.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks7 records
Key highlights6 records
Customer concentration
Letshego social profiles
Digital presenceLetshego financial estimates
Financial estimateRevenue estimate
Valuation estimate
Letshego leadership team
Management profileNumber of profiles
Profiles7 records
Letshego funding detail
Funding detailFunding overview
Funding rounds6 records
Investors5 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Letshego M&A and investment
M&A and investmentM&A3 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Letshego
What does Letshego do?
Letshego is a pan-African consumer lending and financial services group that provides lending, savings, and transactional services to consumers and small-medium enterprises across 11 sub-Saharan African countries. Its offerings are delivered through a multi-channel distribution model spanning physical branches, field sales agents, call centers, and digital platforms (USSD, WhatsApp, mobile applications). The group's product suite includes the Letshego Financial Services Platform, the Letshego Digital Mall, a Mastercard-partnered debit card, and mobile money loan products developed with MTN MoMo and dfcu Bank.
Is Letshego a public or private company?
Letshego is a private company. It is classified as public and is currently operating.
When was Letshego founded?
Letshego was founded in 1998. It employs 1,001 to 5,000 people.
Where is Letshego based?
Letshego is headquartered in Gaborone, Botswana, in the Africa region.
Who are Letshego's main competitors?
Broad incumbents on record are Standard Bank Group and Ecobank Transnational Incorporated. Direct peers are Renmoney, M-KOPA, Co-operative Bank of Kenya, Equity Group Holdings, NCBA Group Kenya, KCB Group and Guaranty Trust Holding Company. Safaricom (M-Pesa) is listed as an emerging player.
Does Letshego have an API?
No public API is recorded for Letshego.