MAGMA Finance and RTGS.global have announced a strategic partnership aimed at enhancing cross-border payment infrastructure and expanding global financial connectivity. The agreement was formalised during MAGMA Finance’s Fintech Conference in Mauritius, bringing together industry leaders to address the future of payments, FX, and digital assets.
MAGMA Finance has announced a strategic partnership with RTGS.global during its flagship Fintech Conference: Payments, FX and Digital Assets, held at the InterContinental Mauritius Resort Balaclava.
Hosted by MAGMA Finance, the conference brought together over 100 senior professionals from financial services, fintech, and international business sectors. The event focused on the evolving landscape of cross-border payments, foreign exchange markets, and digital assets, with particular attention to Mauritius’ growing role as a financial gateway connecting Africa with global markets.
The conference welcomed policymakers, financial institutions, and fintech leaders, including Dhaneshwar Damry, Junior Minister of Finance of Mauritius. Attendees also gained valuable macroeconomic and financial insights from keynote speaker Zdeněk Tůma.
A central highlight of the event was a panel discussion exploring the structural challenges of cross-border payments, the real-world impact of AI and machine learning in payment processing, and ongoing regulatory developments shaping global financial infrastructure. Tomas Pithart, Expert Advisor to the Board of Directors at RTGS.global, joined industry experts to share perspectives on improving efficiency and transparency across international payment systems.
“Cross-border payments remain constrained by fragmented infrastructure and legacy processes,” said Pithart. “Partnerships like this help bring together institutions and technology providers to build faster, more transparent, and resilient settlement networks.”
The partnership between MAGMA Finance and RTGS.global was formally established during a ceremonial signing at the conclusion of the panel session. The agreement, signed by Tomas Pithart and Varun Narain, Director of MAGMA Finance, confirms MAGMA Finance’s participation in the RTGS.global global network of financial institutions.
“MAGMA Finance is committed to enabling efficient, secure, and scalable cross-border financial services for international businesses,” said Narain. “Joining the RTGS.global network strengthens our ability to deliver innovative and reliable payment solutions across regions and further enhances our global connectivity.”
Throughout the conference, discussions covered key industry themes, including cross-border payment corridors across Africa, the Middle East, Europe, and Asia, the integration of AI in financial services, regulatory challenges in fintech, and the growing role of digital assets in the global economy.
Building on the success of this event, MAGMA Finance will host its third Fintech Conference later this year, continuing its mission to foster collaboration between regulators, financial institutions, and fintech innovators.
About MAGMA Finance
MAGMA Finance is a licensed international financial institution and payment system built for global business from day one. The company operates under internationally recognized governance, security, and quality standards, with a GCR credit rating of BBB(MU) / A3(MU), Stable Outlook, affiliated with Moody’s, and an ISO-certified operational framework.
The platform enables fast, secure, and transparent cross-border transactions and settlements across onshore and offshore financial centres. It provides multicurrency accounts and international payments, supports more than 100 currencies, facilitates transaction corridors between continents, and handles structured and complex operations, with fully digital onboarding and online account management.
About RTGS.global
The way money moves around the world is currently not working. Cross-border payments are at a tipping point and change is here. At RTGS.global we have built a SaaS platform that connects financial institutions through one simple integration, to transform how cross-border payments are made. We are a cross-border connectivity platform that enables rapid, cost-effective transfers between financial institutions, providing worldwide coverage through a single API integration.
Supported by Microsoft Azure infrastructure, our software and messaging network enables participants – such as banks, payment service providers and money transfer operators – to access a global network of account providers, communicate peer-to-peer (P2P), exchange FX quotes, and send real-time (T+0) international payments. Acting as a messaging and orchestration layer, RTGS.global enables instantaneous settlement between participating financial institutions, creating seamless interoperability across borders and currencies.
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