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Sterling Bank partners with Nigerian tech companies to launch SeaBaaS

Nov 02, 2024•over 1 year ago

Contract Type

partnership

Agriculture and Farming

Description

In a significant move towards digital transformation, Sterling Bank has partnered with Nigerian tech companies, including Revent Technologies, to launch SeaBaaS, a high-tech core banking system designed to meet the evolving needs of the modern banking industry. The innovative solution offers a wide range of features and functionalities, empowering the bank to provide seamless and efficient services to its customers.

Company Information

Company

Sterling Bank

About

Renowned for its now famous HEART of Sterling strategy; which focuses on investments in Health, Education, Agriculture, Renewable Energy and Transportation; the Bank featured on the prestigious top 100 fastest growing companies in Africa, as published by the globally recognised Financial Times all in 2023. With its optimism about Nigeria, irreverent brand voice and enviable talent management practices, Sterling has been the most recognised awardee of the Great Place To Work Institute over the last 5 years and was named earlier this year as the Overall Best Place To Work In Nigeria.

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Strategic

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Agreement Insights

Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months