back Back

Carbon signs with Network International to boost digital payment offering

By Edlyn Cardoza

October 13, 2021

  • Africa
  • Carbon Bank
  • digital payment
Share

Carbon Bank, Network International, Nigeria, Africa, Middle EastPan-African FinTech startup and digital bank Carbon Bank has partnered with Network International, the leading enabler of digital commerce across Africa and the Middle East, as part of its plan to boost its digital payment offering.

Under the agreement, Network International will issue and process physical Visa debit cards on behalf of Carbon, enhancing the bank’s offering to customers.

True to Carbon’s mission of empowering all people with the financial access they need to pursue a life of dignity and prosperity; the collaboration will support financial inclusion among the unbanked and underbanked in Nigeria. In addition to payment services, Carbon also offers easily accessible loans, a fee-free, interest-earning wallet, high-yield savings, and easy-to-use tools for personal financial management.

Carbon, which focuses on delivering an unparalleled banking experience that is both safe and reliable across all touchpoints, will benefit from Network’s advanced, scalable, and cost-effective digital infrastructure and robust security protocols, eliminating the need to invest in costly card management infrastructure.

Chijioke Dozie, CEO/Co-Founder, Carbon, said “Offering excellent service delivery to our customers is always top priority and that includes our Carbon Visa cardholders. With Network International, we have a partner with years of experience providing card solutions for forward-looking organizations. And we’re truly excited for how this translates into a better payment experience for Carbon customers everywhere.”

Chinwe Uzoho, Regional Director West & Central Africa, Network International, said “Network International is delighted to continue its collaboration with prominent African banks such as Carbon in Nigeria, that lend weight to our ongoing commitment to advancing financial inclusion in emerging markets through greater digital payment penetration. We are pleased to support Carbon’s mission of creating greater access to credit and quality financial services to Nigerians and look forward to supporting their growth plans through our best-in-class technology and trusted platform.”

 

Previous Article

October 13, 2021

Tipalti to invest £100m in the UK with London expansion

Read More
Next Article

October 13, 2021

U GRO Capital and Kinara Capital enter strategic partnership

Read More







Advertise with us



IBSi Daily News Analysis

Fintech

July 06, 2022

Africa

As cost-of-living crisis bites, how can financial services support their customers?

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

July 06, 2022

Chip enhances savings experience with TrueLayer Payments

Read More

July 06, 2022

Seedrs selects Form3 and LHV UK to support instant and faster payments

Read More

July 06, 2022

Fable Fintech forays into Bahrain with Batelco Financial Services

Read More

Related Reports

Sales League Table Report 2022

£ 1,500.00 / year

Know More
Global Digital Banking Vendor and Landscape Report Q1 2022

£ 1,500.00 / year

Know More
Wealth Management & Private Banking Systems Report Q1 2022

£ 1,500.00 / year

Know More
Global Transaction Banking Vendors and Landscape Report Q1 2022

£ 1,500.00 / year

Know More
Treasury and Capital Markets Systems Report 2021

£ 1,500.00 / year

Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2022