Futurex and Fintech Group have announced a strategic partnership dedicated to fortifying the security and compliance of banking systems across Africa. This collaboration supports banks as they align with the latest regional payment regulations requiring network hardware security modules (HSMs) for secure transaction signing and payment operations.
San Antonio, Texas – February 24, 2026 – Futurex, a global leader in enterprise-class data encryption, and Fintech Group, a leading African financial technology provider, have announced a strategic partnership to strengthen the security, compliance, and reliability of banking systems across Africa. This collaboration supports financial institutions as they adapt to regional directives, such as the Bank of Uganda’s mandate requiring network hardware security modules (HSMs) for secure transaction signing and real-time gross settlement (RTGS) payment operations.
Together, Futurex and Fintech Group deliver a unified solution, designed to protect every transaction with networked, certified HSMs. The solution provides banks with secure signing, centralized key management, and continuous operational performance, foundations essential for compliant, real-time financial processing and resilient digital banking.
Supporting Africa’s evolving payment landscape
The joint Futurex–Fintech solution helps institutions align with Africa’s modern HSM and RTGS regulatory standards, providing an enterprise-class platform that upholds the confidentiality, integrity, and availability of financial data. By securing critical operations such as payment signing, key management, and interbank settlement, the solution enables banks to mitigate risk, maintain payment authenticity, and optimize liquidity with real-time visibility over funds.
Integration, training, and certification for long-term success
Futurex has worked closely with Fintech Group to integrate HSMs into Fintech’s institutional banking platforms, delivering practical training on PKCS #11 cryptographic implementation and key lifecycle management. Futurex also certified Fintech Group’s cryptographic engineers, ensuring banks across the region receive expert, compliant deployment and ongoing operational support.
Key benefits for banks and consumers
- Regulatory compliance without delay: Futurex’s certified HSMs enable banks to meet Africa’s latest RTGS and hardware security directives immediately.
- Stronger transaction assurance: End-to-end encryption and secure signing safeguard payment integrity, reducing settlement and credit risk between institutions.
- Centralized key management: Enterprise-class, network HSMs support scalability, redundancy, and simplified control, strengthening audit readiness.
- Operational resilience: The solution’s high-availability design maintains 24/7 uptime for mission-critical banking services, even under peak transaction volumes.
- Enhanced consumer trust: Reliable, real-time payments build public confidence and enable banks to launch new, high-value financial offerings.
- Joint market engagement: Through collaborative regional support and shared expertise, Futurex and Fintech Group are extending advanced cryptographic infrastructure to more institutions across Africa.
Building a foundation for secure and sustainable financial growth
Fintech Group and Futurex share a commitment to helping African banks strengthen compliance, improve operational resilience, and deliver the highest standards of data security in digital payments. By aligning cutting-edge encryption technology with local expertise, the partnership provides a foundation for future innovation and sustainable growth in the region’s financial services sector.
Vincent Ondiff, General Manager of Fintech Group, said:
“Our partnership with Futurex helps African banks deliver secure and compliant services to their customers, driving progress and raising standards across the region’s banking sector.”
Joseph Ongoro, Sales Director, East Africa at Futurex, added:
“Our collaboration with Fintech Group builds on that vision by giving financial institutions the tools and support they need to protect transactions, strengthen compliance, and enhance customer trust across Africa.”
About Fintech Group
Fintech Group is a leading financial technology company in Africa, delivering solutions that power payments, digital banking, and core financial operations. Solutions include cheque clearing, leasing systems, agency banking platforms, mobile banking, SACCO financial systems, and advisory services for financial institutions seeking digital transformation.
About Futurex
For over 40 years, Futurex has been an award-winning leader and innovator in the encryption market, delivering uncompromising enterprise-class data security solutions. Over 15,000 organizations worldwide trust Futurex to provide groundbreaking hardware security modules, key management servers, and cloud HSM solutions.
Futurex is headquartered outside of San Antonio, Texas, with regional offices worldwide and over a dozen data centers across five continents. Futurex delivers unmatched support for its clients’ mission-critical data encryption and key management requirements.