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TN CyberTech to roll out AI-powered banking

by MARCUS MUSHONGA
HARARE – ZIMBABWE’S TN CyberTech Investments aims to become the country’s first tech-driven, platform-based, digital financial services hub.

This is under its Neobank Agenda.

It pledges to offer a hub that will use digital channels to offer borderless, artificial intelligence-powered, and secure banking products and services to customers.

In its interim financial statements for the half year ended August 31, 2025, the company disclosed it achieved a key milestone by developing and deploying its own low-KYC (know your customer) core banking system.

It is hailed as a major innovation that enhances autonomy, reduces vendor dependence and improves service delivery and customer experience.

“The bank is poised to roll out further technological solutions to expand financial access nationwide,” James Mushore, TN CyberTech Bank chairman, said.

These solutions include the digitalisation of remittances and card services, consolidation of e-commerce platforms for small and medium enterprises and the expansion of nano-loans targeting financially marginalised groups.

Mushore said collectively, these initiatives aligned with commitments to promoting equality, poverty reduction and industrial growth.

The Zimbabwe Stock Exchange-listed TN CyberTech branded from EcoCash earlier in 2025.

The rebranded company reports that its strategic blueprint seeks to address financial exclusion, a challenge evidenced by the fact that only 46 percent of Zimbabwe’s adult population holds a formal bank account.

This gap stems largely from high industry-wide banking charges, which have discouraged participation in the formal financial system.

– CAJ News

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