Nigerian Fintech Appzone, which specializes in banking digitalization, announced the relaunch of its digital core banking system solution BankOne. This solution is now redesigned to primarily serve fintechs, neobanks, and challenger banks on the continent.
BankOne enables technology-driven financial institutions to take a 360-degree digital approach that does not involve physical branches or human interaction. The platform provides the digital equivalents of all banking product offerings such as account opening, card issuing, deposits, payments, and lending. It also offers development tools, programming interfaces and is tailored to the needs of African neobanks and fintechs.
“For over a decade, BankOne has played an active role in driving the digitization of Nigeria’s financial services industry. The platform has now been repositioned to serve the continent’s growing number of Fintechs and neobanks,” said Mudiaga Umukoro, CEO of Appzone Core.
As new digital solutions are increasingly gaining ground on the continent, traditional banks are making efforts not to lose too much ground. Several banks have implemented AI-based conversational agents to facilitate many tasks to keep pace with fintechs and neobanks.
Adoni Conrad Quenum (intern)
(EBID) - EBID aims to allocate nearly 41% of its commitments to projects with environmental and...
Mahindra & Mahindra is considering a CKD assembly plant near Durban to strengthen its presence i...
Mobile phones have become essential tools for work, education, payments and staying connected across...
BOAD exits BOA Bénin and Niger, sells stakes to Sonimex BOA Bénin posts growth; BOA Niger see...
MTN Ghana launches crackdown on mobile money agent fraud Audits trigger warnings, suspensions...
Abidjan and Ankara discuss partnership to train educators and trainers Technical education expands rapidly, but shortage of trainers...
Bomboré produced 37,563 ounces in Q1 2026, up 30% year over year Orezone maintains 2026 output target of 160,000–180,000...
Clean sources met 52% of new electricity demand in Africa since 2020 Renewables overtook coal, reaching 26% of total power generation Demand...
Pilot allows users to connect to any operator when coverage is weak Initiative targets “white zones” and gaps in network coverage Program...
CANAL+'s film arm backs a ZAR 300-million feature rooted in South Africa's anti-apartheid music movement. Production kicks off June 29 in Cape Town,...
Burkina Faso launches “SORA” university series filming in Ouagadougou 25-episode project explores student life challenges and...