African collaboration as OpenWay teams up with a Moroccan bank for expansion into the continent

OpenWay, a leading global provider of digital banking solutions, has made a significant stride by expanding its operations into Francophone Africa. This move positions the region to advance into the era of inclusive, digitally driven financial services.

Jean Philippe Wolyniec, Regional Sales Director at OpenWay, emphasises that progress in Africa is a community journey. He believes that this expansion will foster collaboration and growth among financial institutions in the region.

One of the key benefits of OpenWay's expansion is the establishment of a dedicated North Africa team. This team will provide tailored, on-the-ground expertise, ensuring that institutions can leverage the expansion effectively.

The expansion also grants access to Way4, a recognised platform by Gartner and Datos. Way4, a unified payments ecosystem, consolidates cards, digital wallets, A2A transfers, merchant acquiring, cryptocurrency, and Central Bank Digital Currencies (CBDC) on a single platform. This consolidation promises seamless scalability across multiple regions and markets.

Moreover, Way4 accelerates product launches through its flexible, configurable architecture. The combination of world-class technology and regional insight enables institutions in Francophone Africa to innovate faster.

OpenWay's expansion ensures enterprise-grade security, compliance, and reliability for financial institutions. This assurance is crucial in an era where data security and regulatory compliance are paramount.

Attijariwafa Bank in Morocco has committed to a long-term technology partnership with OpenWay to enable its digital transformation programs. Similarly, financial institutions in Tunisia stand to benefit from this partnership, as they too gain access to Way4.

In conclusion, OpenWay's expansion in Francophone Africa positions the region to compete globally. By leveraging OpenWay's solutions, financial institutions can serve their customers better, driving the region towards a more inclusive, digitally driven financial services landscape.