In an effort to accelerate digitization and boost entrepreneurship in Africa, Ghanaian financial platform services provider Fortek has entered into partnership with Codebase Technologies for its Software-as-a-Service (SaaS) Digibanc platform, as it looks to provide “affordable, accessible and transparent” digital financial services on the continent.
Fortek plans to leverage the open API banking solutions provider’s Digibanc platform to “augment” its existing services and support new fintechs, banks and start-ups in their go-to-market capabilities for new digital services including instant lending, regulatory reporting, payments and buy now, pay later.
It’s hoped the partnership will “accelerate digitisation” and boost entrepreneurship in Africa, grow the economy and broaden financial inclusion for more than 1.4 billion Africans.
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Felix Quarcoe, managing director at Fortek, says the firm’s modus operandi has been to “fill in the gaps that traditional institutions have ignored for so long” and this partnership with Codebase will “help anyone, anywhere, anytime”.
“This partnership will allow us to push the digital banking landscape further, meeting the current and future needs of our customers,” Quarcoe adds.
Codebase Technologies’ commercial director and Africa managing director, Paul Nilsen, says: “If today’s fintechs, neobanks, challengers, and corporates want to address customer pain points effectively, they must conform to their demands, not the other way round.”