Airtel Money, the mobile money division of Airtel Africa, announced that its next-generation, cloud-native mobile money platform—powered by Comviva’s mobiquity® Pay—would be available in all Airtel Africa markets.
- Airtel Money, the mobile money division of Airtel Africa, announced that its next-generation, cloud-native mobile money platform—powered by Comviva’s mobiquity®...
- Starting in Kenya, the rollout announced on Tuesday will eventually expand to several other Airtel Africa markets in the upcoming...
- It facilitates quick partner onboarding, shorter innovation cycles, and the development of new revenue streams throughout Airtel Money’s pan-African network,...
- This cloud-native deployment is a catalyst for accelerating financial inclusion, enabling millions of people to access secure, seamless, and innovative...
Keep reading for the full breakdown on Africa — everything you need to know is covered below.
Starting in Kenya, the rollout announced on Tuesday will eventually expand to several other Airtel Africa markets in the upcoming year.
A digital transformation program aimed at redefining how Airtel Money provides financial services to its 49.8 million customers has commenced with this strategic deployment, marking the first of its kind on the continent.
What the cloud-native deployment offers
In addition to unlocking a wider range of fintech services and establishing Airtel Money as a comprehensive digital financial ecosystem, the new platform improves operational efficiency and scalability.
It facilitates quick partner onboarding, shorter innovation cycles, and the development of new revenue streams throughout Airtel Money’s pan-African network, thanks to its more than 50 sophisticated features and over 120 open APIs.
The platform, based on a security-first architecture, includes sophisticated security features such as multi-factor authentication and federated identity, ensuring the trust, resilience, and regulatory compliance of millions of users. Improved user interfaces, self-service features, and more seamless international money transfers will all be made possible by it.
Airtel Money CEO and Comviva CEO express optimism about the partnership
Airtel Money CEO, Ian Ferrao, said: “This is not just a technology upgrade, it’s a complete transformation of how we serve our customers. With Comviva’s mobiquity Pay, we are laying the foundation for a future-ready financial ecosystem, accelerating financial inclusion, and creating more opportunities for individuals and businesses across Africa.”
Comviva CEO, Rajesh Chandiramani, said: “We are proud to partner with Airtel Money on this transformative journey. This cloud-native deployment is a catalyst for accelerating financial inclusion, enabling millions of people to access secure, seamless, and innovative digital financial services. By combining cutting-edge architecture and intelligent automation, we are empowering operators to drive sustainable growth and unlock socio-economic opportunities at scale.”
About Airtel Africa
Airtel Africa operates in 14 countries in sub-Saharan Africa and is a prominent provider of mobile money and telecommunications services. With its integrated offering, Airtel Africa serves 161.1 million customers, providing mobile money services, as well as national and international mobile voice and data services.
As part of its corporate mission, the company’s strategy is centred on providing excellent customer service throughout the entire footprint and expanding financial and digital inclusion to change lives in Africa.
About Comviva Technologies Ltd
Comviva enables businesses to achieve quantifiable business impact while fostering transformative growth. To achieve exponential success, customers can enhance their experiences, unlock new revenue streams, and streamline complex operational processes with the aid of its AI-driven digital solutions and intelligent platforms.
More than 200 international communication service providers and businesses rely on Comviva to address complex challenges and prepare for the future, from optimising customer lifetime value to facilitating extensive digital transformation.
Comviva has enabled billions of people worldwide to benefit from digital innovation and mobility through the deployment of its solutions in more than 100 countries. Comviva, a Tech Mahindra subsidiary and a part of the Mahindra Group, is dedicated to promoting efficiency, growth, and change for the future.