Ukheshe Technologies, a South African digital fintech enablement provider, is expanding its footprint into the Asia-Pacific region as it introduces digital-first payment solutions via key partnerships.
The move comes as Ukheshe continues to build on its reputation as a trusted enablement partner, having established relationships with financial service players including Mastercard, as well as a number of high-profile telecommunications providers and other organizations throughout Africa.
Clayton Hayward, CEO of Ukheshe says that while Asia’s traditional banks and telcos have responded proactively to rapid disruption in the digital payments environment, they are challenged by constraints in building fully integrated SaaS platforms.
“Ukheshe aims to partner with local institutions by offering credible, agile solutions in an ever-changing market,” he said. “Our payment technologies also solve the problems of expensive acceptance rails and carrying cash, particularly in markets within Asia-Pacific where digital wallets are expected to become the preferred online payment method over the next four years.”
Ukheshe’s imminent expansion will be led by Donovan Drew who has been appointed as President: Asia-Pacific.
“With an increased need for cost-effective digital payment solutions, our value proposition delivers an integrated solution platform for merchants, aggregators, retailers, banks and their customers,” he said.
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