Vodafone Oman and digital financial service platform developer Software Group said on Monday they have signed a Memorandum of Understanding (MoU) to collaborate on developing digital financial services in Oman.
Under the terms of the MoU, the two companies will jointly explore offerings based on Software Group’s DigiWave Digital Banking Platform and digital channel solutions, such as mobile wallets, agency banking, mobile and internet banking, digital lending, and integration services.
The solutions will be designed to meet the evolving needs of Oman’s financial ecosystem, supporting banks, fintechs, government agencies, and enterprises in delivering tailored financial services.
Vodafone Oman and Software Group said they aim to enable access to next-gen financial services for individuals, businesses, and institutions. The partnership hopes to accelerate the growth of Oman’s digital economy and enhance financial inclusion by delivering customer-centric digital channels and solutions.
“At Vodafone Oman, our priority is to remove the barriers customers face in accessing essential services, and financial services are at the heart of that journey,” said Sayyid Fahad Abdul Aziz Saud Al-Busaidi, chief corporate affairs officer at Vodafone Oman, in a statement. “Our partnership with Software Group will ensure a seamless integration of digital financial solutions into our ecosystem, giving customers secure and convenient ways to manage their everyday needs.”
Software Group CEO Kalin Radev added that the partnership aligns with the Sultanate’s Vision 2040, which prioritizes digital transformation, financial inclusion and sustainable economic development.
