Modefin wins the IBSi SLT Industry Leader Special Awards 2023

By Leandra Monteiro

Modefin has been awarded the IBSi SLT Industry Leader Special Awards 2023 under the Digital Banking Channel Africa category.

Modefin dominated the Digital Banking Channel in Africa by signing six deals across Ghana, Sudan, and Zambia. Modefin has been recognized for its excellence in delivering innovative technology solutions to the BFSI industry, setting itself apart as a key player in advancing the digital banking landscape in Africa.

The category reported SLT 2023 received consistent interest and participation, with 57 technology suppliers submitting 1,500+ deals won in the calendar year 2022, spanning 134 countries. Only 1,281 deals passed a rigorous assessment process to this year’s final SLT rankings, which included 913 global and 368 domestic deals.

IBSi SLT Leadership Club recognizes the best-performing systems in different categories and geographies; IBSi Industry Leader Special Awards provide an understanding of leading suppliers in each type and region. This year Eight suppliers have qualified to deserve the Industry Leader Special Awards, in which Modefin is among them.

Amit Darda, CEO at Modefin, said, This award is a testament to our commitment to providing innovative and cutting-edge technology solutions to the banks, and we are humbled and honored to receive this recognition. I am incredibly proud of the work that our team has put in to achieve this success, and we remain committed to delivering the highest quality solutions to our partners and customers. Congratulations, and thank you to all our Customers, Partner, and Team for contributing to this achievement!

“Congratulations to Modefin on winning in the ‘Digital Banking in Africa’ sub-category in SLT 2023,” said Nikhil Gokhale, Head of Research Platforms at IBS Intelligence. He added, “In our experience, Modefin’s digital banking platform offers a seamless and user-friendly experience, empowering banks to deliver enhanced services, streamline operations, and meet the evolving needs of their customers in the digital era. Their achievement highlights their remarkable contributions to advancing the digital banking ecosystem in Africa and positions them as a frontrunner in the industry.”