Nedbank bets on the African metaverse One of the largest financial services groups in Africa, Nedbank, partners with Africarare to become a leader in the virtual world

As the digital economic journey into the metaverse begins to accelerate, major players in commerce and industry are poised to develop personalized experiences in this digitally enhanced world, which is heralded as the future of e-commerce. . Nedbankone of the largest financial services groups Africahas partnered with Africarare (, Africa’s first metaverse, and secured a 12×12 village in Ubuntuland on which to establish its presence as the first African financial services organization to enter the metaverse.

It’s part of the financial services group’s strategy to be a digital leader, to go beyond the banking sector, to discover new marketing platforms and to take advantage of new technologies to better serve its customers and remain at the forefront with forward-thinking solutions.

The Nedbank village focused on customer value and services, will contain many experiences ranging from virtual gaming, a sports lounge and more.

Nedbank joins global players such as DBS Bank, HSBC, Loyalty investment and JP Morgan who have associated with metaverses globally. Africarare, Africa’s first metaverse is highly sought after by companies and individuals wishing to capitalize on the multiple opportunities presented by the metaverse. Early settlers in Ubuntuland include MTN, Global Data Laboratoryand M&C Saatchi Abel.

“Creating experiences that go beyond the bank has always been a priority for Nedbank. Our entry into the metaverse isn’t just about being present in this space, it’s about meeting the needs of our customers on platforms that resonate with them, while offering an array of touchpoints that continue to demonstrate our commitment. to lead in digital,” says Khensani Nobanda, Group Head of Marketing and Corporate Affairs at Nedbank Group.

Fred SwanepoelNedbank’s Chief Information Officer says: “As Nedbank, we want to stay at the forefront of technologies that will enable the next wave of digital business models, so we are investing in Web 3.0 and new open source technologies on which the metaverse is built. It is important for us because Nedbank continue to lead and advance our digitization journeys which have already delivered great results for the Group, and enable Nedbank to engage in future digital marketplaces, where we believe we will need to meet and serve our customers.”

“We are delighted to welcome Nedbank in Ubuntuland and I look forward to creating positive change with them,” said Mic Mann, Co-founder and CEO of Africarare. “By entering the metaverse, this organization will pave the way for new solutions for Africa and play a role in the future of banking in this exciting world,” he added.

Africarare, Africa’s first metaverse was created to unlock African potential and connect Africa to the global digital economy.

Distributed by APO Group on behalf of Africarare.

Note to Editors:
To access AfricarareUbuntuland, go to:

For more information, please contact:Jenny GrieselJenny GrieselCommunication
Tel+ 27 83406 3444

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For regular updates, follow Africarare on Twitter: @AfricarareNFT

© African Press Organization, source Press Releases


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