Investec and Visa have renewed their strategic partnership for a further five years, reaffirming a relationship that has spanned more than 28 years.
This renewal aims to accelerate the development of best-in-class digital banking solutions and continue driving innovation in the affluent segment.
“Investec’s long-standing partnership with Visa is grounded in a shared commitment to innovation, agility, and exceptional client service and when you’re deeply invested, out of the ordinary things happen,” says Itumeleng Merafe, head of Investec Private Bank.
“Together, we will continue to push boundaries, delivering market-leading, integrated digital solutions, like our collaboration on the recent launch of multicurrency pockets for Investec Private Bank Accounts. This feature allows Investec clients to transact seamlessly in four currencies as they cross borders, so that they can travel, spend and purchase with ease using a single card on their Private Bank Account.”
The partnership will focus on co-developing solutions that drive digital commerce and enhance the client journey across both personal and business banking touchpoints.
“This renewal marks an exciting chapter in our collaboration with Investec,” says Lineshree Moodley, country head for Visa South Africa. “By integrating advanced technologies and prioritising customer-centric approaches, we plan to support Investec’s exciting pipeline of new premium products and services that cater to the evolving needs of their clients. This means secure, intuitive, and flexible offerings that deliver real value in today’s fast-changing financial landscape.”
The partnership will also extend to support Investec’s Business and Corporate Banking clients, with solutions aimed at boosting operational efficiency and growth.