Vista to Expand Influence in West Africa in Partnership with Radar Payments
Vista is a renowned Pan-African financial services company, to a larger financial inclusion in the masses across Africa. Its ambitious agenda to deliver a superior experience to retail customers, large enterprises, and MSMEs across West Africa is supported by its latest partnership with Radar Payments.
The group is expanding rapidly through a series of successive strategic acquisitions that include First International Bank (FIB) Group in Gambia, followed by BNP Paribas’ Subsidiaries, La Banque Internationale pour le Commerce et l’Industrie de la Guinée (BICIGUI) in Guinea and La Banque Internationale pour le Commerce l’Industrie et l’Agriculture du Burkina (BICIAB) in Burkina Faso. Vista Bank is now the top bank in Guinea by assets and network coverage.
“We are proud to join Vista Bank on their journey to transform the way people bank, pay, and get paid while making financial services more accessible to them. This partnership was born from our shared vision to successfully solve real-life payment problems with a high-end, globally proven digital solution that focuses on end customers.”
Jane Loginova, CEO of Radar Payments
To expand the influence of Vista in West Africa, Radar Payments will centralize payment operations at Vista’s tech hub located in Senegal, supervising Vista Bank’s activities in Guinea, Gambia, Burkina Faso, and Sierra Leone while leaving room for further banks to join its network. It is part of the bank’s growth agenda to expand to Burkina-Faso, Togo, Cote d’Ivoire, Senegal, and Mali.
The partnership will also see Vista Bank running on BPC’s flagship payment suite, SmartVista to manage card issuance and lifecycle management, payment switching, ATM and Point-Of-Sales management as well as providing digital channels such as mobile banking and e-wallet. Vista also has plans to accelerate the relevance of UnionPay International (UPI) branded cards including prepaid, debit, and premium cards, in addition to the acquisition in ATM, Point-of-Sales, Contactless, QR payment, and E-Commerce.
”Together, with the help of cutting-edge digital payment solutions, we will provide easy, instant, and secure movement of money, thereby transforming Vista Bank into a trailblazing player within the continent.”
Jane Loginova, CEO of Radar Payments