Chinese technology company Huawei has introduced a new solution to fuel financial inclusion.

The solution was launched at Huawei CONNECT 2021 event.

Related Company Profiles

View all

It covers mobile wallet, mobile payment platform, super app open framework, and financial product platforms. The capabilities will help the financial institutions to roll out various financial services.

The company offers multiple channel technologies to enable the lenders to reach customers cost-effectively. It also helps the smaller businesses to enhance their digital operations.

Huawei’s financial product platform enables carriers recommend users to banks. This allows the financial institutions to offer embedded financial products directly to users.

The offering portfolio also includes a cloud-native SaaS solution supporting open APIs. This enables banks explore new services as well as aggregate different systems to launch joint projects.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

In a statement, Huawei said: “Huawei aims to deliver convenient and diverse financial services to everyone. Using its advanced connectivity and platforms, Huawei helps financial institutions build digital business processes, implement digital financial inclusion services, and achieve sustainable financial development.

The company has served more than 30 sites across more than 20 countries.

Its clientele includes KBZ Bank in Myanmar which developed a digital wallet called KBZPay in collaboration with Huawei. The wallet is based on public cloud.

Huawei also helped Kenyan mobile network Safaricom to build a payment brand called M-Pesa.