SaaScada & CLOWD9 Partner to Enable End to End Cloud Technology for African Banks

SaaScada CLOWD9 Partnership marks a pivotal step in modernising African banking. This cloud-native partnership increases financial access to remote areas by allowing banks and fintechs to launch services more quickly and affordably. To satisfy the growing demand for digital services across the continent, the joint offering offers issuer payment processing and core banking innovation.

SaaScada, a leading cloud-native core banking platform, and CLOWD9, the world’s first cloud-native decentralized issuer payments processing platform, today announced their strategic partnership, formalized during the historic London Mayor’s Fintech Trade Mission in Kenya. This collaboration is set to transform the African banking landscape by providing end-to-end cloud technology solutions, enabling financial institutions to offer services at a fraction of the cost of current providers and extend coverage to remote areas.

This partnership addresses the critical need for modern, efficient, and cost-effective banking infrastructure across Africa. SaaScada’s data-driven core banking platform, built using cloud-native technology, offers lightning-fast data processing and unparalleled reporting flexibility. Its innovative Product Sequencer significantly reduces the time, cost, and complexity associated with building feature-rich financial products. Combined with real-time data and configurability, this vastly accelerates traditional development cycles, empowering banks and fintechs to innovate rapidly and maintain a competitive edge.

CLOWD9 complements this offering with its robust, cloud-native decentralised issuer payments processing platform. As a B Corp certified company, CLOWD9 is committed to sustainable, stable, and scalable processing capabilities, handling increased transactions and API volumes on demand, anywhere around the world. Its platform, built using the latest cloud-native microservices technologies, provides customised issuer processing solutions and owns the full technology stack, ensuring flexibility to react to changes and roll out new functionality in hours, not months.

The combined power of SaaScada and CLOWD9’s platforms will deliver significant cost savings for African banks. By leveraging cloud-native infrastructure, financial institutions can reduce operational overheads associated with traditional legacy systems. The partnership will facilitate the expansion of banking services into remote and underserved regions, fostering greater financial inclusion across the continent. The agility and scalability of the joint solution mean that banks can reach new customers and markets more efficiently than ever before.

London’s Deputy Mayor for Business and Growth, Howard Dawber OBE, said: “I’m very pleased and proud to see two of the brilliant companies on our Grow London Global trade mission signing a deal together – a huge testament to the power of these networking opportunities, and the importance of our growth agency London & Partners in supporting businesses to really thrive. The Mayor and I look forward to seeing more successes like this following our landmark Africa trip as we continue building a more prosperous London for everyone.”

“SaaScada’s approach as a cloud-based core banking platform is unique through the use of its product sequencer enabling one account to have multiple products and wallets. SaaScada’s unstructured real-time data enables banks and fintechs to develop, iterate and launch first-class products at pace to deliver customer-centric products in a fraction of the time that existing core providers can deliver,” said Steve Round, President and Co-Founder of SaaScada.

“This strategic partnership will allow CLOWD9’s customers and partners to access a compelling end-to-end solution, bringing together the very best of core banking and payments processing. We are excited to empower African financial institutions with the tools they need to innovate, reduce costs, and expand their reach, ultimately fostering greater financial inclusion across the continent.” said Suresh Vaghjiani, CEO of CLOWD9.

The partnership’s signing during the London Mayor’s Fintech Trade Mission to Africa 2025 underscores the mission’s objective to strengthen London’s economic, cultural, and innovation ties with key African cities, including Lagos, Cape Town, and Nairobi. This visit promotes innovation, trade, and investment, supporting London-based companies expanding into these vital African markets and showcasing London as a leading global city for African business expansion.

With the SaaScada CLOWD9 Partnership,  African banks gain powerful cloud-native tools to reduce costs, reach new markets, and accelerate financial inclusion.