NMBZ’s XPlug expands to Malawi

NMBZ plans to leverage its digital and fintech capabilities to improve efficiency and accelerate growth within the unit.

NMBZ Holdings’ (NMBZ) fintech subsidiary XPlug is expanding its operations to Malawi as it continues to grow its regional footprint beyond the six African markets it currently serves.XPlug, functions as a comprehensive fintech operating system—effectively a ready-made digital bank that can be adopted by other financial institutions.NMBZ chief executive officer Gerald Gore told The Financial…

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