Advapay, a Netherlands-based provider of core banking and digital banking software, has announced a strategic partnership with ICT Misr, an Egypt-based company, to deliver advanced core banking solutions in Egypt and Libya.
This collaboration aims to enhance the banking infrastructure in these regions by leveraging Advapay's comprehensive digital core banking technology.
The partnership will enable Advapay to expand its reach and offer tailored solutions to financial institutions in both countries.
By integrating their technologies, Advapay and ICT Misr plan to modernize the banking systems, providing more efficient, secure, and scalable services to meet the growing demands of the financial sector in Egypt and Libya.
This initiative is part of Advapay's broader strategy to support digital transformation in the banking industry, ensuring that financial institutions can offer innovative products and services to their customers.
The collaboration is expected to strengthen the financial ecosystems in Egypt and Libya, fostering economic growth and development.