ISLAMABAD:Raqami Islamic Digital Bank has entered into an exclusive agreement with Codebase Technologies to procure its DigiBanc Suite as the core technology stack of the bank.
Digibanc Suite is an award-winning, cloud-enabled, API-driven, and highly adaptable digital banking platform allowing institutions to deliver inclusive digital financial services, according to said press release.
The platform features include Core Banking, Mobile App, Internet Banking, API Gateway, and Middleware. Its open architecture embraces a diverse ecosystem of partners and vendors, driving collaborative experiences across the financial services landscape.
The Digibanc Suite is built on a modular micro-services architecture providing a robust and agile environment to launch new financial products at scale.
In this regard, Managing Partner, Codebase Technologies, Raheel Iqbal said “We are thrilled for our strategic partnership with Raqami in pioneering the future of digital banking. Together, Codebase Technologies and Raqami a
im to revolutionize the financial landscape, leveraging cutting-edge technologies to deliver innovative, secure, and seamless banking experiences for customers,’
“We are excited for Raqami to leverage our Digibanc platform as the comprehensive tech stack for their digital bank. Digibanc’s advanced features and modular architecture empower Raqami to deliver a secure, scalable, and customer-centric banking experience.
This collaboration underscores our commitment to providing innovative solutions that drive digital transformation in the financial sector, ensuring Raqami is equipped with cutting-edge technology for sustained success,” said Rizwan Warsi, Founder and CTO, of Codebase Technologies.