CIT VERICASH named Best Digital Financial Services Platform of 2026

CIT VERICASH, a division of CIT GLOBAL, has been named the ‘Best Digital Financial Services Platform of 2026’ by Global Business Outlook. This award recognizes the company’s technology used to support banks and financial institutions with digital services, including mobile wallets, payments, lending, and agency banking.

The VERICASH Fintech Enablement Platform is currently active in approximately 25 markets across Africa and the Middle East. One specific deployment supports a pan-African banking group across 22 countries, processing more than 500 transactions per second and over 30 million digital services daily for more than 7 million active subscribers.

Over its first five years of full platform operations, the client reported a five-fold increase in digital subscribers, a ten-fold growth in monthly transactions, and a 30-fold increase in monthly financial transaction value. This recognition follows several industry awards received by the company in 2025.