Financial services provider Fortek has teamed up with Codebase Technologies to bring its Digibanc platform, a Software-as-a-Service (SaaS) solution, to the African market. The goal of this partnership is to offer “affordable, accessible, and transparent” digital financial services on the continent.
Through this collaboration, Fortek aims to expand its existing services and support new fintech companies, banks, and start-ups in their digital service offerings, including instant lending, regulatory reporting, payments, and “buy now, pay later.”
The partnership aims to drive digital transformation and promote entrepreneurship in Africa, ultimately contributing to the growth of the economy and financial inclusion for over 1.4 billion people on the continent.
According to Felix Quarcoe, Managing Director at Fortek, the company’s mission has been to “fill in the gaps that traditional institutions have ignored for so long,” and this partnership with Codebase Technologies will allow it to “help anyone, anywhere, anytime.”
Paul Nilsen, Commercial Director and Africa Managing Director at Codebase Technologies, states that if fintech companies, neobanks, challengers, and corporations want to effectively address customer pain points, they must conform to their demands, not the other way around.