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Ovanti taps codebase technologies for digital asset bank expansion

By Parth Prabhudesai

Today

  • Digital Banking
  • Digital Payments
  • Digital Transformation
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Ovanti has entered into a strategic partnership with Codebase Technologies to accelerate the rollout of its Super App ecosystem and Agentic Digital Asset Bank.

The agreement will enable Ovanti to leverage Codebase’s Digibanc platform, a cloud-native, API-first banking infrastructure widely used by financial institutions across the Middle East, Africa, and Asia. Through its technology arm, Datamorph, Ovanti will integrate directly with Digibanc to fast-track deployment of digital banking and asset management capabilities.

The partnership allows Ovanti to bypass the time and cost of building core banking systems internally, instead utilising a proven platform already adopted by institutions such as Kuwait Finance House, Dubai Islamic Bank, and Ajman Bank. The platform also supports digital banking offerings including Blink Bank and Raqami Bank, and integrates with global payment networks like Visa and Mastercard.

Datamorph will utilise Digibanc’s architecture and over 650 APIs to build AI-led financial solutions, including agentic AI tools, Web3 infrastructure, and digital asset orchestration capabilities. This approach positions Ovanti as an orchestration layer on top of existing regulated banking systems.

Daler Fayziev, Global CEO and Chairman of Ovanti, said: “In today’s fintech landscape, execution speed and infrastructure reliability are critical. Codebase Technologies brings a proven global deployment track record across Tier 1 financial institutions. This partnership allows us to accelerate our Super App strategy while focusing on AI-driven finance and digital assets.”

The collaboration marks the first phase of Ovanti’s broader expansion plan, with further integrations expected across digital asset custody, liquidity, and cybersecurity. The company aims to deliver a unified platform serving both retail and institutional users.

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