Tsedey Bank has signed a strategic partnership with Zentide E-commerce on April 23, 2026, at the bank’s headquarters, to integrate Zentide’s online marketplace with Tsedey Bank’s financial services, with all platform transactions processed through the bank. Merchants operating on the platform will also be required to maintain accounts with Tsedey Bank. Zentide, a 2025 technology venture backed by Wavemaker Impact, develops digital marketplace solutions linking businesses and users through online channels. Bank President Yohannes Ayalew said the partnership reflects the shift toward integrated digital commerce, noting the bank’s strong engagement with micro, small and medium enterprises. Zentide’s Abebe Alemu said the platform is designed to enable transactions "wherever users are," focusing on real-time connectivity between merchants and customers. Tsedey Bank operates more than 600 branches and serves over 12 million customers, with a major share of its lending portfolio directed toward SMEs.
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