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Saascada and Clowd9 partners provide cost savings for African banks and FIS

Saascada and Clowd9 partners provide cost savings for African banks and FIS


explainCloud native core banking platform, is working together clowd9a cloud country’s local decentralized issuer payment processing platform to provide end-to-end cloud technology solutions throughout Africa.

Strategic Partnership, officially formally in the mayor of London’s fintech trade mission Kenyaaims to enable financial institutions in Africa to provide services at a fraction of the cost of current providers and extend coverage to remote areas.

Saascada and Clowd9 recognize the need for more efficient and cost-effective banking infrastructure in Africa, which will combine the capabilities of their platforms to save costs for African banks.

By leveraging cloud-native infrastructure, financial institutions can reduce operational overheads associated with traditional heritage systems. The partnership will promote greater financial inclusion across the continent by promoting expansion of banking services to remote and underserved regions. The agility and scalability of joint solutions means banks can attract new customers and sales more effectively than ever before.

London Deputy Mayor’s business and growth, Howard Dawber OBEcommented: “I am delighted and proud to see two amazing companies in our growing London global trade mission signed a deal together – a huge testament to the power of these network opportunities and the importance of our growth institutions London and partners Support the company to truly flourish. After our landmark trip to Africa, the mayor and I have long been seeing more of this success as we continue to build a more prosperous London for everyone. ”

The mayor of London’s fintech trade mission for Africa in 2025 has facilitated innovation, trade and investment, supporting London’s companies to expand into the African market while demonstrating London as a leading global city for African business expansion.

Granting the African international network

Saascada’s data-driven core banking platform provides fast data processing and reporting flexibility. Its product sequence greatly reduces the time, cost and complexity associated with building-rich financial products. Combining real-time data and configurability, this accelerates the traditional development cycle, giving banks and fintech rapid innovation and maintaining a competitive advantage.

Clowd9 complements this product with its cloud-native issuer payment processing platform. Built with cloud-native microservices technology, the platform provides a custom issuer processing solution and has a full technology stack, ensuring flexibility to react to changes and launch new features within hours.

“Saascada’s approach as a cloud-based core banking platform is unique, enabling an account to have multiple products and wallets by using its product sequence.” Steve TransferPresident and Co-founder of Saascada. “Saascada’s unstructured real-time data enables banks and fintech companies to develop, iterate and launch first-class products with PACE to deliver customer-centric products within the time it can deliver existing core providers.”

Suresh watchThe CEO of Clowd9 also commented: “This strategic partnership will enable Clowd9’s customers and partners to access compelling end-to-end solutions, bringing the best core banking and payment processing together. We are excited to enable African financial institutions to get the tools they need to innovate, reduce costs, expand their coverage, and ultimately promote it, and ultimately promote it, and thus promote it.



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