OpenWay, a provider of digital payment software solutions, has expanded into Francophone Africa, saying it will empower banks and fintechs in the region with access to its payment technology and local service infrastructure.
OpenWay is taking two strategic steps in Francophone Africa. Firstly it is Making its Way4 platform available to banks and fintechs throughout the region. Way4 has already been chosen by financial leaders in Africa such as Equity Bank in Kenya and rising fintech SanuPay in Ethiopia.
In this case, OpenWay has signed a long-term technology partnership with a leading tier-1 bank in Morocco to support its ambitious digital transformation roadmap.
Way4 offers capabilities that enable financial institutions to launch digital-first, real-time, 24/7 payment services across issuing, acquiring, and processing and also to accelerate time-to-market with flexible, configurable architecture. In addition it allows them to consolidate all payment products – cards, digital wallets, A2A transfers, merchant services, crypto, and CBDC – on a single platform.
OpenWay says Way4 also enables financial institutions to ensure enterprise-grade security, reliability and compliance and to seamlessly scale operations across regions and continents without functional constraints
To provide tailored support, OpenWay is forming a dedicated local team in Francophone North Africa. Clients in Morocco and Tunisia can now benefit from regional service reinforced by OpenWay’s global delivery expertise and a deep bench of industry specialists.
This local presence is further enhanced by collaboration with partners and professionals from sub-Saharan Africa.
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