March 2021: Global Banking and Finance Review is pleased to announce Dashen Bank, Moneta Technologies and CR2 (www.cr2.com) as the 2021 Global Banking & Finance Awards® winner for Best Digital Wallet Ethiopia 2021.
Since 2011, the Global Banking & Finance Awards® have honoured companies that stand out in particular areas of expertise in the banking and finance industry. The Awards reflect the innovation, achievement, strategy, progressive and inspirational changes that are taking place within the Global Financial community.
Since the launch of the Amole Digital Wallet in Ethiopia in July 2018, spearheaded by Ethiopian based Fintech Moneta Technologies and Dashen Bank, underpinned by CR2’s Digital Banking Platform, Dashen Bank has transformed its digital customer base by a phenomenal 4,000%. It has accelerated customer acquisition, enhanced its liquidity position and is now deeply embedded in the daily spending habits of millions of Ethiopians every day. Commenting on the Award, Wanda Rich, Editor, Global Banking & Finance review said:
“The Amole Digital Wallet is a great example of a successful collaboration, where all parties fostered a strong partnership with a common goal. The numbers achieved to date are phenomenal and we look forward to hearing more of its success in the years to come.”
The Global Banking & Finance Awards® honour companies that stand out in particular areas of expertise in the banking and finance industry. Key success factors that can be attributed to the Amole Digital Wallet and the tremendous growth it has experienced to date include:
- Building a rich ecosystem on an open platform – Amole integrates over 50 external products and services supported by 8,000 merchants
- Offering users a simple and easy end-to-end digital onboarding and purchasing process
- Offering a frictionless omnichannel experience across channels – Dashen Digital Banking users can seamlessly move between their Digital Bank account and the Digital Wallet
This fintech collaboration has received this Award in recognition of outstanding performance and achievements in Digital Banking technology and scored well in the following categories:
- Highly flexible platform
- Ease of integration and ongoing support
- Boosting profitability
- Enhancing the customer experience
About the Global Banking & Finance Awards®
Global Banking & Finance Review® is the leading online, digital and print magazine for the banking and financial sector. The website receives over 7 million page views each year thanks to its balanced views and informative, independent news centred on the financial sector. The Global Banking & Finance Awards®, now in their 11th year, were created to recognise companies of all sizes that are prominent in particular areas of expertise and excellence within the global financial community. The Awards are known throughout the global banking and financial community and reflect the innovation, achievement, strategy, progressive and inspirational changes that take place within the financial sector. For further information, please visit www.globalbankingandfinance.com
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