Launched in September to its customers, Nedbank Connect brings together connectivity and banking in a bold step that redefines how South Africans access and manage their mobile lives.
For MVNX, the technology partner behind the launch of the new product, and a subsidiary of the Ignition Group, this is their vison at work, enabling access to consumers, entrepreneurs, and organisations to actively engage and integrate into the digital ecosystem.
“Through MVNX, the country’s foremost MVNO enabler, we provide the infrastructure and innovation that empowers leading brands like Nedbank to deliver customer-first, digital mobile solutions,” says Valde Ferradaz, CEO of MVNX. “Being part of Ignition Group, one of Africa’s leading technology, media, telecommunications, and financial services companies, gives us the platform to play in the big league.”
“MVNX is a powerful example of how Ignition Group’s ecosystem of businesses is creating new opportunities for access, innovation and growth. By powering brands like Nedbank, we are enabling millions of South Africans to participate meaningfully in the digital economy.”
Driving scale and opportunity in South Africa
MVNX is already the backbone for 17 of South Africa’s MVNO brands, supporting over a million active connections each month. With the MVNO market currently at 3.8 million users (just 3.5% of the total mobile market), industry forecasts indicate the sector could grow to 15 million users by 2030, highlighting the massive potential for businesses to differentiate and thrive with digital-first connectivity solutions.
Ignition Group’s ecosystem is built on businesses like MVNX that make digital participation seamless, safe, and scalable. From connectivity and payments to e-commerce and customer enablement, Ignition creates platforms that help individuals and enterprises alike thrive without barriers.