Bank Of Africa has started working with three fintech startups as part of a new partnership with the Morocco Fintech Center. The first projects will test tools for checking customer income and creditworthiness, managing community savings and handling regulatory requirements. The aim is to bring these technologies into the bank and test them in real working conditions.
Bank Of Africa and the Morocco Fintech Center signed their partnership in April 2026 during GITEX Africa in Marrakech. The two sides have now moved from signing the agreement to testing actual products.
The partnership has four main parts. A Fast-Track process will help the bank identify and test fintech solutions more quickly. Selected startups will also get access to a secure technology environment where they can test their products using real operating conditions.
The other two parts focus on training, workshops and mentoring. They also include open-innovation projects built around specific needs identified by the bank.
Three startups are taking part in the first projects: Sahl Financial, Daret and ProximaReg.
Sahl Financial is working on financial data aggregation and credit scoring using artificial intelligence.
The company has built an open-banking API that connects to more than 14 financial institutions in Morocco. The system can check customer income and identity using financial data and transaction records. It can also read information from uploaded payslips.
Sahl Financial says its system can produce credit decisions in less than 90 seconds. Its income-verification technology has an accuracy rate of 98.5% and can help reduce loan defaults by 35%. Visa backs the platform.
Daret is working on digital community savings.
The startup takes the traditional tontine, also known locally as a “daret”, and puts it into a digital platform. Tontines allow groups of people to contribute money regularly and take turns receiving the pooled funds.
Moroccan engineer Nabil Chakir founded Daret in 2025. The application became available in more than 170 countries and recorded more than 1,000 downloads in its first month.
A traditional Moroccan tontine has an average of 12 members. Monthly contributions average 593 dirhams.
Rotating savings groups are used by nearly two billion people around the world.
ProximaReg is developing artificial intelligence tools to help financial institutions deal with regulatory requirements.
The company is led by chief executive Ismaël Ziani. Its system tracks new legal publications and identifies regulatory changes that may require banks to change their internal procedures.
More than 5,000 legal texts are published each year in the Moroccan Official Bulletin.
ProximaReg recently won an innovation challenge organised by BMCE Capital after competing against 62 other companies. BMCE Capital is the investment-banking arm of Bank Of Africa Group.
The startup also presented its technology at the Morocco Fintech Center Demo Day on 30 June 2026.
The Morocco Fintech Center was created in 2025 by 15 public and private institutions. Its founders include government ministries, Bank Al-Maghrib, the Moroccan Capital Market Authority, the Mohammed VI Fund for Investment and major banks including Bank Of Africa.
The centre supports financial technology startups and helps them deal with regulatory issues and access the technology they need.
The Fintech Booster Acceleration 2026 programme has been helping startups develop their products and connect with financial institutions.
