OSLO,
Norway and EBÈNE, Mauritius, April 17,
2024 /PRNewswire/ -- C32pex is a leading Africa-based alternate banking platform
serving customers across 19 countries and targeting the
billion-plus unbanked and underbanked population in emerging
markets. Reltime has built an award-winning white label Web3
Financial Services platform with wide-ranging services, such as
mobile wallet, payments, lending, loyalty and rewards, and
more.
Given a growing demand for blockchain-powered transparent, secure
and cost-effective financial services. C32pex has selected
Reltime's Web3 platform to offer innovative financial solutions in
Africa and beyond. Both parties
have already scoped use cases and plan to launch pilots during
Q2-Q3 2024. To further deepen their collaboration, both parties
have also established "Reltime Africa Ltd.", a joint venture
company headquartered in Mauritius
where C32pex owns 51% stake.
C32pex Holdings is a global leader in driving financial
inclusion and innovation. With a portfolio of cutting-edge
technologies including PEX Fintech, BrilliantTS Africa - Fuze
Payment Cards, Kaizen Venture Studio, C32 Cross Over Neo Bank, PEX
(Most reputed Africa 3rd party
payments processor), and now Reltime Africa, C32pex is at the
forefront of revolutionizing the financial industry. PEX Fintech, a
pioneer in blockchain payments, tokenization, open banking, Web3
e-commerce, and payments, is revolutionizing the financial
industry. Through its evaluation of Realtime's platform
capabilities, PEX Fintech has identified exciting opportunities for
innovations and services.
In collaboration with Reltime Africa and Democracy X (Web3
platform), C32pex aims to go live with its Africa Web 3 & AI
enabled digital banking platform in August
2024. By leveraging their technological strengths and
existing business relationships, PEX Fintech, Realtime Africa and
other partners aim to launch C32 Digital Banking across select 9
African countries, as well as in the UAE, Oman, India,
Sri Lanka, the United States, the United Kingdom, and Netherlands.
Reltime CEO Marlene Julo
said, "We are delighted to have C32pex as a customer and
strategic partner in our fast-expanding ecosystem. Over many
months, our teams have discussed and outlined detailed use cases
and go-to-market approach, starting with the first pilots in coming
months. Given the massive growth opportunities that the unbanked
and underbanked population represent, we are really looking forward
to working with the C32 team."
Commenting on this development, Prabhu
Moorthy, Co-Founder & Chief Business Architect of C32Pex
Fintech, added, "With over 10 years of experience in
Africa, we are now expanding our
business in Europe and other
markets. Integrating Web3 capabilities in future financial and
digital services will add to technology excellence and bring
immense value to our business and retail customers. Reltime has
built an impressive suit of financial and digital applications on
their own Layer-1 chain and we look forward to a winning
partnership ahead.
About C32Pex
PEX Fintech Ltd, or C32PEX, is a leading provider of white-label
solutions for mobile transaction services, digital onboarding,
Instant multi-fuze card issuance, and open digital payment wallet
solutions. PEX solutions enable Service Providers to easily and
quickly deploy innovative mobile transaction services based on the
latest technologies (NFC, HCE, tokenisation, QR Code, software and
hardware security. For Afro-Asian banks, non-banks, and telco
partners, C32Pex' fintech offers a complete end-end turnkey
financial innovation and digital transformation platform that
connects with everything and everywhere.
For more information about C32pex visit:
https://www.c32pex.co/
Press Contact: Prabhu Moorthy,
prabhu@c32pex.co
About Reltime Africa
Reltime is revolutionising the financial and digital services
industry with its advanced Web3 platform. Reltime has developed its
own Layer-1 Proof of Authority Blockchain with zero transaction and
gas fees. The platform includes a range of applications such as
non-custodian wallets, SuperApp, loyalty programs, payment
solutions, lending services, QR codes, CBDCs and digital fiats, and
utility tokens. Additionally, the Reltime platform provides
customer administration features like eKYC, identity management,
SLA, and reporting. By incorporating a decentralised identity,
Reltime drives the next generation of digitisation in supply chain
management, tokenisation, asset ownership, and global
trade.
For more information about Reltime AS, visit,
https://www.reltime.com/
Press Contact Reltime: Bishwajit Choudhary bc@reltime.com
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SOURCE Reltime AS