{"id":79932,"date":"2026-03-05T15:20:23","date_gmt":"2026-03-05T15:20:23","guid":{"rendered":"https:\/\/www.intelligentcio.com\/africa\/?p=79932"},"modified":"2026-03-05T15:20:24","modified_gmt":"2026-03-05T15:20:24","slug":"nedbank-partners-with-crypto-com-to-drive-blockchain-based-financial-innovation-across-africa","status":"publish","type":"post","link":"https:\/\/www.intelligentcio.com\/africa\/2026\/03\/05\/nedbank-partners-with-crypto-com-to-drive-blockchain-based-financial-innovation-across-africa\/","title":{"rendered":"Nedbank partners with Crypto.com to drive Blockchain-based financial innovation across Africa"},"content":{"rendered":"\n

Partnership will explore payment, settlement and liquidity solutions to enhance the resilience of Africa\u2019s financial systems.<\/em><\/p>\n\n\n\n

Nedbank has announced a strategic partnership with Crypto.com to harness the power of Blockchain technology and digital assets to develop advanced payment, settlement and liquidity solutions across Africa, subject to compliance with the necessary regulatory requirements.<\/p>\n\n\n\n

The collaboration positions Nedbank as a gateway for secure, regulated Blockchain finance on the continent, driving transparency and efficiency in cross-border transactions and signalling a significant shift in the region\u2019s financial landscape.<\/p>\n\n\n\n

As global trade and financial ecosystems evolve, Africa\u2019s dependence on legacy payment rails has introduced challenges including high settlement costs, currency volatility and geopolitical exposure. Nedbank\u2019s vision is to establish a compliant, Blockchain-enabled payment infrastructure that enhances resilience while integrating seamlessly with traditional banking systems.<\/p>\n\n\n\n

Through Crypto.com\u2019s digital asset platform and Blockchain settlement technology, Nedbank aims to bridge traditional banking and digital finance, offering real-time, low-cost and secure settlement options in both South African rand (ZAR) and on-chain US dollars (USDC).<\/p>\n\n\n\n

The initiative will enable Nedbank to serve both retail and commercial banking clients, addressing the growing demand for modern financial solutions. Whether for individuals, SMEs or large corporates, the partnership will enable clients to:<\/p>\n\n\n\n

\u2022 Seamlessly convert between ZAR and USDC in real time via secure digital channels.
\u2022 Access digital dollar liquidity for trade, remittance and treasury operations.
\u2022 Benefit from daily net settlement between Nedbank and Crypto.com, ensuring stability, transparency and regulatory oversight.<\/p>\n\n\n\n

This collaboration will empower businesses to transact in digital dollars across Africa, facilitating trade, investment and payment flows without reliance on traditional international intermediaries.<\/p>\n\n\n\n

Subject to applicable legal and regulatory requirements, the rollout will be implemented in phases, commencing with individual clients and extending to juristic entities over the next 12 months.<\/p>\n\n\n\n

Nedbank\u2019s strategy reflects a broader commitment to financial innovation and continental integration. By connecting banks, businesses and regulated crypto asset service providers (CASPs) through Blockchain, Nedbank aims to establish an African payment backbone that is:<\/p>\n\n\n\n

\u2022 Fully compliant with domestic and cross-border regulatory frameworks.
\u2022 Interoperable with existing financial systems.
\u2022 Resilient to global payment disruptions and currency risks.<\/p>\n\n\n\n

This initiative aligns with the African Continental Free Trade Area (AfCFTA) objectives and supports South Africa\u2019s leadership role in digital financial transformation.<\/p>\n\n\n\n

Simon Marland, Managing Executive for Automation, Blockchain and Analytics, Nedbank, said: \u201cAfrica\u2019s future competitiveness depends on how effectively we integrate modern financial technologies into the heart of trade and commerce. By leveraging Crypto.com\u2019s Blockchain capabilities, Nedbank is building the foundation for a more resilient, inclusive and future-ready financial ecosystem \u2014 one where South African and African businesses can transact seamlessly and securely on a global scale.\u201d<\/p>\n\n\n\n

Karl Mohan, EVP, Financial Services and GM, International, Crypto.com, added: \u201cOur collaboration with Nedbank underscores Crypto.com\u2019s commitment to expanding financial access through Blockchain innovation. Africa represents one of the most dynamic frontiers for digital finance and by working with a trusted institution like Nedbank we can jointly enable secure, compliant and efficient access to digital assets for businesses and individuals alike.\u201d<\/p>\n\n\n\n

Herman de Kock, Managing Executive, Nedbank Mid Corporate, commented: \u201cNedbank understands that businesses require easy payment and trade capabilities both domestically and cross-border. By partnering with Crypto.com we\u2019re driving innovation that directly responds to our clients\u2019 evolving needs, enabling them to achieve their growth ambitions.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

Partnership will explore payment, settlement and liquidity solutions to enhance the resilience of Africa\u2019s financial systems. Nedbank has announced a strategic partnership with Crypto.com to harness the power of Blockchain technology and digital assets to develop advanced payment, settlement and liquidity solutions across Africa, subject to compliance with the necessary regulatory requirements. The collaboration positions […]<\/p>\n","protected":false},"author":18,"featured_media":79933,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[16131,565,183,13],"tags":[676,16852,19897,7349,19900,19899,3045,19898,18853],"class_list":["post-79932","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-africa","category-banking-finance","category-software","category-top-stories","tag-blockchain","tag-cross-border-payments","tag-crypto-com","tag-digital-assets","tag-herman-de-kock","tag-karl-mohan","tag-nedbank","tag-simon-marland","tag-usdc"],"acf":[],"publishpress_future_workflow_manual_trigger":{"enabledWorkflows":[]},"_links":{"self":[{"href":"https:\/\/www.intelligentcio.com\/africa\/wp-json\/wp\/v2\/posts\/79932","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.intelligentcio.com\/africa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.intelligentcio.com\/africa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.intelligentcio.com\/africa\/wp-json\/wp\/v2\/users\/18"}],"replies":[{"embeddable":true,"href":"https:\/\/www.intelligentcio.com\/africa\/wp-json\/wp\/v2\/comments?post=79932"}],"version-history":[{"count":1,"href":"https:\/\/www.intelligentcio.com\/africa\/wp-json\/wp\/v2\/posts\/79932\/revisions"}],"predecessor-version":[{"id":79934,"href":"https:\/\/www.intelligentcio.com\/africa\/wp-json\/wp\/v2\/posts\/79932\/revisions\/79934"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.intelligentcio.com\/africa\/wp-json\/wp\/v2\/media\/79933"}],"wp:attachment":[{"href":"https:\/\/www.intelligentcio.com\/africa\/wp-json\/wp\/v2\/media?parent=79932"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.intelligentcio.com\/africa\/wp-json\/wp\/v2\/categories?post=79932"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.intelligentcio.com\/africa\/wp-json\/wp\/v2\/tags?post=79932"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}