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Fintech start-up Ukheshe in Asia-Pacific expansion drive

Staff Writer
By Staff Writer, ITWeb
Johannesburg, 30 Aug 2021

Fintech start-up Ukheshe Technologies has entered a new partnership with global next-generation card solutions and digital security company, dzcard.

The partnership will enhance dzcard’s customisable solutions for various digital ecosystems and locations.

In a statement, the fintech firm says the partnership will leverage Ukheshe’s Eclipse application programming interface platform and its digital payments solutions, allowing both companies to deliver digital strategies within their respective markets.

Donovan Drew, president of Asia-Pacific at Ukheshe, says the company’s digital payments enablement platform has expanded and evolved significantly, as the financial services market seeks innovative solution providers that can address fundamental payment gaps.

“The partnership will provide further channels for dzcard to expand upon within the existing customer base and remain current in the fast-evolving digital payments domain. With this, Ukheshe will expand its footprint into Asia-Pacific.”

He adds the partnership is a natural fit for both organisations through the combination of Ukheshe’s digital payment platform provider and dzcard’s smart card solutions and digital security.

Sutat Suksawat, MD of dzSolution at dzcard, says: “At dzcard, we aim to address the changing needs of our customers who are craving advanced services and seamless experiences. By fusing the physical and digital spaces, customers can enjoy secured cashless payments solutions.

“With this partnership, Ukheshe and dzcard bring a unique service offer in terms of accessibility, availability and usability to customers from fintech to financial institutions reinforced with reduced time-to-market, good cost-effectiveness and a customer-first approach.”

Ukheshe provides the platforms and technology that support nine issuers, comprising four telcos, six banks and fintechs, 334 029 merchants and 2 271 880 apps.

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