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
- Société Générale Côte d’Ivoire increases its dividend for the 2025 financial year
- Senegal: strategic partnership between AXA, Banque Agricole, and CNAAS
- Ivory Coast: creation of a Strategic Sovereign Fund
- Zimbabwe-Zambia: a railway corridor of over 2 billion USD to boost mining transport
- Egypt: NNS City increases Nassef Sawiris’ stake in Orascom Construction to 43.39%
- Equatorial Guinea: Banks commit to facilitating access to social housing in La Paz
- Cameroon-Nigeria: Road transport, a new lever to boost cross-border trade
- Egypt: Current account deficit decreases by 13.6% between July and December 2025
