Paymentology Partners with Chikwama Pay to Power WhatsApp-Based Neo-Banking

Apr 22

Paymentology partners with Chikwama Pay to enable Africa’s first WhatsApp-based neo-bank with borderless payment processing, expanding financial access across SADC through real-time cards, compliance, and scalable digital banking infrastructure.

Paymentology, th e leading global issuer-processor, today announces a partnership withChikwama Pay, a pan-African neobank providing accessible financial services through WhatsApp.

Together, they a r e powering Africa’s first WhatsApp-enabled neo-bank with fully integrated borderless payment processing, bringing secure, seamless, and affordable financial services to millions of underserved people across the Southern African Development Community (SADC).

Chikwama Pay isp ioneering borderless banking across Africa by enabling customers to bank, borrow, insure, save, and transact directly through WhatsApp, without the need for a separate app. The platform focuses on migrant workers, informal traders, women who are often excluded from traditional financial services , and underserved communities who need reliable, low-cost access to cross-border financial services.

Through the part n ership, Chikwama Pay will leverage Paymentology’s cloud-first issuing and processing platform to:

● Issue andprocess debit cards with real-time transaction management.

● Expand se a mlessly ac ross multiple SADC markets with local compliance and global scalability.

● Offer adv a nced payment features, including dynamic spend controls and multi-market operations.

Kesheni Moodley,Regional Director at Paymentology said: “We are excited to support Chikwama Pay’s WhatsApp-enabled banking proposition. Their model demonstrates how familiar digital channels can be used to broaden access to financial services, and we look forward to supporting their expansion across the SADC region.”

Alestair Mawo n e k e CEO at Chikwama Pay, added: "Our mission is to remove the barriers of geography, cost, and complexity in African finance. With Paymentology’s global expertise and secure infrastructure, we can now scale faster, expand across borders, and provide truly borderless financial services to millions who have long been excluded."

The partnershi pa ccelerates Chikwama Pay’s vision to become the leading pan-African neo-bank, while reinforcing Paymentology’s commitment to powering innovative solutions that drive financial inclusion across emerging markets.