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Partnership to Modernize Digital Banking Services in Africa

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Temenos, the market-leading banking technology provider, along with Interswitch Group, which is a leading unified payments and digital commerce company in Africa, has announced on June 04, 2026, a partnership to deploy Temenos technology to strengthen the digital banking capability of Interswitch, contribute to its growth, and broaden access to modernize digital banking services in Africa.

It is well to be noted that Interswitch will implement Temenos solutions throughout core banking, payments, digital banking, and wealth management as well as financial crime to deliver cloud-hosted as well as on-premises managed services to financial organizations and hence modernize digital banking services in Africa

This will help institutions to gradually develop their banking platforms and move towards more client-centric business models. The service will also be available in certain sectors across Africa such as Nigeria, Ghana, Kenya, Côte d’Ivoire, and more.

The Managing Director for Digital Infrastructure & Managed Services – Systegra at Interswitch, Jonah Adams, said that “by adopting Temenos’ cloud-native, composable platform, Interswitch gains the flexibility and scalability to accelerate its next phase of growth and deliver banking services that meet the needs of African markets. This is a pivotal moment for Interswitch as we accelerate our expansion beyond payments and reimagine digital banking for Africa. Our partnership with Temenos is strategic in that it allows us to introduce a highly configurable banking platform that leverages the latest cloud technologies into our technology stack. Temenos delivers on this partnership and brings an unmatched breadth and depth of capability to support our vision and scale our services across the continent.”

The Chief Revenue Officer of Temenos, William Moroney opines that “Interswitch is an important new customer and partner for Temenos in Africa. The collaboration underscores the adaptability of our platform to power innovative banking services tailored to the needs of African markets. Interswitch’s strong presence across the continent also extends our reach and further strengthens our ecosystem and partner network.”

Interswitch is recognized for its Quickteller as well as Verve brands and is present in 32 African countries, assisting over 300 financial institutions. Interswitch has been a key player in the evolution of payments for the consumer as well as the merchant via Quickteller, which is its digital payments and services platform. Recently, Verve International, which happens to be a domestic payment card and token scheme along with a subsidiary of Interswitch, hit the 100 million payment card issuance mark. The business continues to innovate in tokenization, further establishing its place as one of the most widely used payment cards as well as token platforms in Nigeria.

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