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Novatti Group, FINTQ plan to provide financial platforms for partners from Africa, the Middle East

Tuesday 31 May 2016 00:45 CET | News

Novatti Group, a payment solutions provider, and FINTQnologies (FINTQ), the financial technology unit of Voyager Innovations, the digital innovations arm of the PLDT Group, are discussing opportunities in providing digital financial platforms to bank and non-bank partners in Africa and the Middle East.

FINTQ provides digital platforms, products and services for financial and non-financial institutions across underserved, unserved and banked customers. These cover digital lending, disbursements, micro-savings, micro-insurance, NFC contactless and online payments, and anti-fraud and card control solution.

FINTQ’s products include Lendr, a multi-channel, telco-agnostic consumer loans marketplace, and LockByMobile, a mobile-based anti-fraud and card control solution app for all payment cards.

Novatti and FINTQ are exploring ways to improve financial inclusion in emerging markets by leveraging digital and mobile technologies. According to the World Bank, in 2014, 86% of adults in the Middle East are unbanked, the highest rate in the world. This was followed closely by Sub-Saharan Africa with 66%.


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Keywords: Novatti Group, FINTQ, Africa, Middle East, financial platforms, banks, payment cards
Categories: Payments & Commerce
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Countries: World
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Payments & Commerce






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