finextra.com·Mar 12, 2026
Islamic neobank Nyla has partnered with Mambu to build its core banking engine, enabling the launch of shari’ah-compliant digital banking services in Ghana and plans for expansion across West Africa, addressing a significant market gap in Islamic finance on the continent.
The partnership between Mambu and Nyla highlights a significant opportunity in the underserved Islamic finance market in Africa, leveraging Mambu's API-first, cloud-native platform to rapidly scale Islamic digital banking services. For professionals interested in fintech and DeFi, this collaboration underscores the potential for similar strategic partnerships to tap into niche financial segments using scalable, compliant tech solutions.