FMB Capital Holdings has entered into a five-year strategic partnership with global payments technology company, Visa, to accelerate digital payments and advance financial inclusion across Southern Africa.
The agreement brings together FMBcapital Holdings subsidiaries across Botswana, Malawi, Mozambique, Zambia, and Zimbabwe under a unified framework, with a focus on expanding access to secure Visa-powered solutions, improving payment infrastructure, supporting e-commerce growth and enabling smoother cross-border transactions.
As digital payment adoption gains momentum across the continent, driven by increasing smartphone penetration, fintech innovation, and rising demand for secure, convenient transactions, this partnership comes at a pivotal moment.
While cash continues to dominate in many Southern African markets, the shift toward digital and cashless economies is accelerating. This collaboration aims to help bridge that gap by expanding access, strengthening infrastructure, and enabling broader financial inclusion.
“This partnership marks a step change in how we scale digital payments across Southern Africa,” said Cluster Head, Visa, Central Southern Africa Salome Makau.
“Our focus is not just on enabling transactions, but on building the underlying infrastructure and capabilities that allow economies to grow more digitally, inclusively, and competitively. By deepening our collaboration with FMBcapital Holdings, we are extending the reach of secure, innovative payment solutions to more individuals and businesses, unlocking new opportunities for commerce, trade, and economic resilience across the region.
Through this partnership, Visa and FMBcapital Holdings will work closely to enhance digital payment infrastructure across Botswana, Malawi, Mozambique, Zambia, and Zimbabwe, while expanding access to seamless, secure Visa powered solutions for both consumers and businesses.
The collaboration will enable faster, safer payments, support the growth of e commerce, and facilitate smoother cross border transactions, unlocking new opportunities for regional trade and economic growth.
The partnership will also drive innovation through the adoption of next generation payment technologies tailored to evolving customer needs.
“This strategic partnership with Visa represents a significant milestone in our journey to shape the future of banking and payments across Southern Africa,” said FMBcapital Holdings Plc Group Managing Director Jaco Viljoen.
“As customer expectations evolve and digital ecosystems continue to expand, our focus remains on providing seamless, secure, and innovative financial solutions that enable our customers to thrive in an increasingly connected world.
Visa and FMBcapital Holdings aim to accelerate digital payment adoption, elevate customer experiences, and unlock new opportunities for businesses across Southern Africa, contributing to a more connected, inclusive, and resilient financial ecosystem.