The banking sector has increased the integration of AI for tasks ranging from the tracing of assets to the resumption of debt, increasing the bar for innovation. Global Finance announces 2025 innovators from Africa.
Regional winners
The most innovative bank in Africa | Nedbank Mozambique
In order to modernize operations, Nedbank Mozambique has implemented innovative digital solutions to strengthen its services and processes. Customers can use various functions on digital channels to easily transfer funds to mobile portfolios or money from prepaid cards to NEDBANK accounts. Nedchat is an organizational chatbot that uses artificial intelligence (AI) to provide employees with real -time access to knowledge on banking, services, standards and policies, to help rationalize workflows and stimulate productivity.
The bank has also adopted a proactive approach to risk management by implementing nedcreditanalysis, a tool that uses General AI to extract and analyze the relevant information of financial documents for credit decisions in various products. To strengthen the cybersecurity of the bank, it has implemented a mechanism which links each of a customer’s accounts to a specific device via a single identifier. This helped prevent unauthorized access to customer accounts as well as preventing identity theft.
The most innovative financial technology company in Africa | Mnt – Halan
Mnt-Halan has transformed access to financial services for African consumers and businesses. With more than 2.4 million quarterly active users, this digital platform serves segments often overlooked by traditional financial institutions. The Halan app has started as a carpooling service and has been transformed into a loan platform that uses automation to subscribe and create loans suitable for customers. The neuron is basic banking software for the owner API which feeds the ecosystem of the Halan product. This API allows the company to connect transparently and safely with digital banking services that support rationalized processes and optimize the user experience.
Thanks to neurons, users, merchants, loan agents and MNT-Halan branches are connected to an easy-to-use network to perform millions of customers in several currencies. This technology supports more than 11 million customers, 54% of whom are women; And that helped MNT-Halan stimulate financial inclusion in Egypt by providing profitable solutions to non-banished customers.
Innovations in finance worldwide from Africa
IOGATE | Absa
Supporting its efforts to digitize the business of commercial financing with high paper intensity, the APSA API of ABSA allows the bank to connect to third -party finches while protecting the data easily and transparently. The solution is to help Absa rotate new technologies as the market is evolving, without disturbing existing workflows. The API uses advanced orchestration to ensure a faster and more profitable commercial solution and equips customers and the bank with a time test. By integrating to an assortment of fintechs, Iogate promotes personalization through a personalized suite of products and services that help customers achieve their unique objectives.
Smart TPE | Sahelo-Saharinne bank for investment and trade (BSIC Senegal)
BSIC Senegal offers traders an additional customer payment method via SMART TPE, a technology that facilitates contactless mobile payments via a bank card or a digital portfolio while using electronic payment terminals. The new payment system gives merchants more means to accept customer payments and allows them to transfer funds directly to their BSIC bank accounts, by shortening the interval before being able to access these funds. Smart TPE allows customers to use their digital portfolios to pay for merchant goods and services, improving the customer experience.
Very first sectoral funds on the Egyptian market | Holiday management of Beltone
With limited options for the investment of the sector in Egyptian exchange (EGX), retail investors could not previously easily take advantage of the performance of the sector which can change with economic conditions. Instead, they have invested in individual companies or in funds targeting a wider index. To meet the demand for more strategic investment opportunities, Beltone Asset Management has developed four sectoral funds (Beltone Real Estate Fund, Beltone Financial Fund, Beltone Consumer Fund and Beltone Industrial Fund) which reflect the trends in the sector in real time. The company has also forged alliances with Fintech to offer customers wider access to its funds on various platforms.
Digital account opening | IIB West Africa
The opening of a bank account in the Republic of Cabo Verde is a complex operation which takes a lot of time which obliges customers to fill the forms and to carry out several stages in person in a bank branch. IIBCV has launched a digital platform that allows customers to open accounts online. By taking advantage of the technologies that are authenticated and integrate into automatic verification systems, the platform simplifies the process, which saves time for customers and the bank. The new platform complies with bank standards as well as associated regulations and legislation.
La Cagnotte by Soge | Société Générale Maroc
To help Moroccans manage savings simply and safely, Société Générocan Maroc introduced Sogé Cagnottte, a budget management solution integrated into its digital, sogé banking application. The application has an improved customer experience offering an assortment of tools to promote financial inclusion and help stimulate the purchasing power of Moroccans. Sogé Cagnotte digitizes the concept of the piggy bank, allowing customers to work towards their financial objectives by creating up to five savings objectives, each personalized by name, the amount of savings and date.
Un demanded profits solution Robin Hood, powered by the standard bank | Standard bank
In South Africa, more than 90 billion rands (approximately $ 4.95 billion) of unmarried assets are due to more than 8 million residents, with 6% of the assets paid each year, because the more added. Finding the beneficiaries is the problem. Robin Hood, a fintech, has developed an innovative solution using AI to twin the beneficiaries with their un demanded assets. Standard Bank has teamed up with Robin Hood and supports the AI solution via its OneHub platform. Starting with a dividend book and a retirement book with a combined value of 1 billion rands, more than 10 million rands so far have been returned to more than 6,000 beneficiaries.