Cloud-native banking platform 10x Banking has entered into a strategic partnership with HassemPrag, an African digital banking and orchestration platform, to deliver a unified banking solution aimed at accelerating digital transformation across African financial institutions.
The collaboration combines 10x Banking’s core banking technology with HassemPrag’s regional integration capabilities, creating a cloud-native platform designed to help banks modernise legacy systems while reducing operational risk. The partners said the unified approach enables banks to introduce new financial products faster and scale services more efficiently in increasingly competitive markets.
Banks across Africa are facing growing pressure from evolving regulatory environments, rising fintech competition, and the high cost of maintaining legacy infrastructure. As a result, investment in modern core banking technology has accelerated, with institutions seeking platforms that support faster innovation without requiring full system replacement.
The joint solution addresses these challenges through modular architecture, allowing banks to upgrade systems incrementally rather than undertaking large-scale core replacements. This approach is expected to reduce disruption while enabling real-time processing capabilities, including instant payments and improved customer engagement.
According to the companies, the platform enables new banking products to be launched in months rather than years, significantly reducing time to market and operational complexity. The combination of 10x Banking’s scalable core technology, already deployed by financial institutions such as Old Mutual and Chase UK, and HassemPrag’s local market expertise is intended to provide African banks with a practical pathway to digital transformation.
The partnership reflects broader momentum across Africa’s banking sector, where institutions are increasingly adopting cloud-native infrastructure to support digital services, improve agility, and respond to rapidly evolving customer expectations. As banks look to compete with fintech challengers while managing cost pressures, unified platforms are emerging as a key enabler of innovation and growth across the region.
