Advapay, provider of the comprehensive core banking platform Macrobank, has joined the NayaOne Tech Marketplace.
NayaOne operates a Tech Marketplace that plays a pivotal role in facilitating bank-FinTech partnerships and supports innovation within the financial sector.
The partnership between Advapay and NayaOne is primarily aimed at integrating Advapay’s Macrobank into NayaOne’s ecosystem. This collaboration will enable financial institutions to explore and adopt Advapay’s solutions through the NayaOne platform, significantly easing the process of starting and developing FinTech businesses.
Advapay specialises in offering a Core Banking system called Macrobank, which includes various functionalities essential for modern financial operations. This platform is designed to be highly customizable and scalable, accommodating current and future business needs while complying with regulatory requirements.
NayaOne enhances the FinTech ecosystem through its Digital Sandbox, which allows for rapid testing and scaling of new financial technologies, thereby reducing the time and complexity involved in traditional procurement processes.
Advapay’s CEO, Maxim Ivanchenko, commented on the collaboration: “We’re delighted to announce our partnership with NayaOne and to be part of their ecosystem. By having our core banking software featured on NayaOne’s marketplace, we’re able to give financial institutions the opportunity to try out our platform and discover what our solutions can do for them. We’re also excited to see our products actively empowering financial organisations to start their fintech businesses, develop payment infrastructure, and build banking and payment products with ease.”
Marketplace Manager at NayaOne, Varun Resh, also expressed enthusiasm about the integration: “We’re pleased to welcome Advapay to the NayaOne Technology Marketplace. Core banking system development can be extremely lengthy and challenging and slowed down even further with regulatory requirements. Quickly launching and adapting their services is important for fintech companies to stay competitive, capture market opportunities, respond to customer demands promptly, and generate revenue faster.
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