Miles Software announced earlier this week that it has formed a strategic partnership with SBM Bank (Mauritius) Ltd. (SBM) and SBM (NBFC) Holdings Ltd., one of the largest banks in Mauritius.
This will involve new partners launching a technology platform called “MoneyWare” at the bank and NBFC level.
The goal of SBM is to become the leading and most trusted financial services provider in Mauritius and beyond, the financial market expertise of Miles, the MoneyWare platform’s capabilities in private wealth management, custody , valuation and accounting, financial secretariat, asset management and portfolio management for clients in the brokerage industry.
According to Samir Khare, director of information systems at SBM (Mauritius) Ltd., “MoneyWare will provide SBM with a product and service offering for its customers and a better banking experience.”
According to the CEO of Miles Software, the company “is involved to establish a strong presence in continental Africa while laying the foundation for better access.”
As a reminder, Miles Software is a global fintech giant in the wealth, portfolio and asset management industry. MoneyWare, its flagship product, is ranked # 1 in private banking solutions.
Trending
- Casablanca Stock Exchange: 2025, the light at the end of the tunnel after fifteen years of stagnation
- BVMAC: BGFI’s IPO extended to February 7
- [Opinion] The strategic opportunity and manageable risks of acquiring Société Générale Senegal
- Message from Fazila Dahall, President of the Financial Afrik Awards Jury
- African Stock Exchanges: 2025, the methodical revenge of frontier markets
- Duval Group: African shift under tension, old guard sidelined
- Senegal: 11% decrease in electricity prices for vulnerable households
- Financial Afrik Ranking – “The 100 Transforming Africa”: L’Archer Securities Emerges Among Leading Brokers and Asset Managers
Mauritius: Partnership between SBM Bank and Miles Software
Ndeye Magatte Kebe
Journaliste reporter à Financial Afrik, diplômée en Journalisme et communication à l’Institut Supérieur Entreprenariat ship et de Gestion (ISEG) de Dakar. Bloggeuse, panafricaniste, elle est membre de l’Union Internationale de la Presse Francophone (UPF). Maguette est une journaliste passionnée d’économie et d’actions humanitaires et intéressée par les questions liées au Genre surtout celles des femmes rurales.
Add A Comment
About us
Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, give meaning to statistics….
Contact us: redaction@financialafrik.com