Axian Group, the Mauritius-based telecoms giant with brands across Africa and the Indian Ocean, has renamed its fintech cluster to Digibank Fintech formerly Open Innovation Fintech, signaling the start of a strategic pivot from basic mobile money to comprehensive digital banking.
Per a statement issued via their official website, this renaming reflects Axian's ambition to accelerate financial inclusion across the continent. Operating in countries across Africa through flagship brands like MVola and Mixx, the Group's mission is now to design and deliver a full suite of services that are accessible and adapted to African realities these will range from digital accounts and payments, to savings, credit, investments, and insurance.
Erwan Gelebart, CEO of the newly branded cluster, characterised the move as entering a "new chapter where mobile money evolves into full digital banking." He stated that the transformation is about scaling impact, giving millions of Africans affordable access to the financial tools they need to grow, thrive, and shape tomorrow's economy."
