In a move to strengthen financial services delivery, Digitt+, a leading Electronic Money Institute, has announced a strategic partnership with RIZQ by ROZEE, a prominent Fintech platform focused on financial wellness. This collaboration leverages Digitt+’s innovative Banking-as-a-Service (BaaS) platform to seamlessly integrate financial functionalities into the RIZQ app.
Digitt+’s robust open API infrastructure empowers RIZQ to offer users a variety of financial transactions directly within the app, including Inter Bank Fund Transfers (IBFT), mobile top-ups, and bill payments. This eliminates the need for users to switch between different platforms, creating a smooth and convenient user experience.
RIZQ benefits from Digitt+’s BaaS platform by gaining access to sophisticated financial services without the burden of in-house development. This not only expedites the launch of new features but also ensures adherence to global security standards and best practices. Digitt+ prioritizes user safety, guaranteeing the protection of sensitive financial information through advanced cybersecurity measures.
“Through our open API framework,” commented Digitt+ CEO Ahmed Saleemi, “we’re empowering RIZQ to redefine traditional financial boundaries. Our BaaS solution fosters innovation within the Fintech ecosystem by enabling secure and seamless embedded financial experiences.”
The partnership empowers RIZQ to offer a wider range of financial services, including participation in saving circles, smart budgeting tools, and automated bill payments. RIZQ leverages Digitt+’s technological expertise to deliver personalized financial recommendations, creating a more intelligent and responsive user experience.
“Partnering with Digitt+ through their BaaS model has significantly accelerated our development timeline,” said S. H. Kazi, CEO of RIZQ. “This integration allows us to directly embed comprehensive financial services within our app, fundamentally transforming how we deliver value to our users and empower them to achieve financial wellness more efficiently and securely.”
Digitt+ remains committed to expanding financial accessibility and enriching the Fintech landscape. They offer a comprehensive suite of financial solutions, supporting over 2,500 billers for convenient payments, alongside innovative services tailored for the agricultural and business sectors. The partnership with RIZQ underscores Digitt+’s dedication to these goals.