Global Technology Partners, a bank-centric platform used in West and Central Africa, and Tutuka, a global processor with a leading-edge processing platform used primarily in African countries, announced that they have entered into a strategic agreement.
The partnership will provide fintechs and banks in African countries with the most robust payment card system on Visa and Mastercard rails, according to a press release.
The partnership will focus on the issuance of companion cards, either virtual or physical, that provide a positive cardholder experience and enables clients to capitalize on the fast-growing market in African nations.
Together, both entities will be able to provide clients with processing, BIN sponsorship, and quick-to-market implementation in one integrated package.
“We’re looking forward to making a start in select African countries, where jointly we can provide an accelerated time-to-market execution for our partners,” Rowan Brewer, CEO Tutuka said in the release.