Silverbacks Holdings

Union54 is a debit card issuing API that facilitates the issuance of debit cards for fintech companies and corporates without the need for a bank or credit card processor. Founded in 2020 and based in Lusaka, Zambia, the company provides essential services such as BIN sponsorship, transaction processing, and settlement. This allows software companies to seamlessly integrate debit card services into their offerings. In addition to its core services, Union54 is involved in the development of secure messaging and instant payment systems, providing tools for both civilian and government use. Its software solutions include a messaging application with an integrated wallet and an API for creating chat applications, enabling clients to securely communicate and manage payments.

Zazu Africa provides a digital money account for residents of Zambia and operates a financial education platform to help users understand and access financial services. Founded in 2015 and based in Lusaka, the company aims to expand financial inclusion by enabling secure digital transactions and practical learning about money management and financial products.