UK-based RedCloud Technologies has partnered with Insiyabi, a Kuwait-based information and communications technologies (ICT) Integrator, for mobile-banking venture in Africa, Asia and the Middle East.
RedCloud executive director for MEA & Asia Faisal Gill said: "RedCloud support those organisations who launch highly disruptive digital financial services whether they are; banks, financial technology (FinTech) business, mobile network operators or other financial service organisations, which are abundant in Africa, Asia and the Middle East."
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"Through our partnership with Insiyabi, we are able to offer the powerful RedCloud 1 Platform to thousands of customers through those Regions across both Government and Private Sectors respectively."
Insiyabi CEO Ahmed Siddique Sheikh said: "We are excited about what this Partnership can bring to the Regions we cover."
"With more than $15m USD and 750 Man Years of investment to-date, RedCloud have invested significantly in developing their unrivalled Mobile Financial Service platform; RedCloud 1. The RedCloud 1 Platform is already empowering organisations who are starting to set new industry standards in Mobile Financial Services."
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