The Unseen Side of Banking's Digital Transformation: It's Not Just About Tech!

The banking industry’s digital transformation goes beyond technology and encompasses partnerships with fintechs. Diamond Trust Bank (DTB) in Kenya is actively involved in digital transformation, aiming to become a top bank in the region. DTB’s digital partnership strategy focuses on extending financial services to tech-enabled companies through an API platform, symbolizing a new venture under the name dtbx.
Highlights
💡 DTB is focusing on digital partnership strategy to extend financial services to tech-enabled companies.
💼 DTB aims to become a top bank in the region through digital transformation.
👥 DTB has 159 fintechs in their pipeline, with 18 in various stages of approval and 13 in the sandbox.
🏢 DTB is building an Innovation Hub or digital factory with modern open-plan collaborative working spaces and incubation spaces for fintech partnerships.
🔍DTB’s digital transformation also includes enhancing the banking facility to support agile teams and the development of new products.
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