For years, businesses asked a simple question: “How do we send money faster and cheaper?” Today, a different question is taking center stage: “How do we move liquidity more efficiently?” This may sound like a subtle shift, but it changes the entire way companies think about global finance. According to the latest EY-Parthenon research, organizations […]
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OTHER NEWS

MAGMA Finance will participate in two upcoming InvestPro conferences organized by Bosco Conference this June.
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Why can cross-border transactions sometimes appear as mysterious as Leonardo da Vinci’s Mona Lisa?
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SWIFT has confirmed the next phase of its ISO 20022 migration roadmap. Learn what the 2026–2027 changes mean for international payments, Case Management, structured payment data, and global businesses using SWIFT infrastructure.
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Artificial intelligence is already embedded in everyday business operations across industries.
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The UAE’s exit from OPEC is reshaping global oil markets. Discover key risks and opportunities for Africa and Mauritius, including energy volatility, inflation, and investment trends.
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Today, payments are increasingly embedded into business models, customer experiences, and financial strategy. They are no longer just about transferring funds, but about enabling global operations in real time.
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Our Director Nitish Caullychurn shared his perspective on the growing importance of infrastructure sovereignty in Africa’s financial ecosystem and why direct SWIFT connectivity in Mauritius marks a pivotal step toward reducing costs, increasing resilience, and strengthening the continent’s position in global finance.
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MAGMA is pleased to announce that it has enabled connectivity to the SWIFT network, strengthening its global payment infrastructure for cross-border corporate transactions.
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Our company has joined one of the largest Web3 and fintech gatherings in Northern Europe, bringing together industry leaders, innovators, and decision-makers from around the world.
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White-label infrastructure that lets you operate as a financial institution — without building one.
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A new stage in the development of international payment infrastructure begins as MAGMA Finance becomes part of the FinClub ecosystem, expanding opportunities for its global client base.
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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.
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Every year on March 12, Mauritius celebrates one of the most important milestones in its national history — Independence Day. The date marks the moment in 1968 when the island nation gained independence and began shaping its own political, economic, and cultural future.
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The Fintech Conference: Payments, FX and Digital Assets has been successfully held at the InterContinental Mauritius, bringing together more than 100 senior professionals from the financial services, international business and fintech sectors.
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Following an overwhelming response from the professional community, MAGMA Finance has officially closed registration for the upcoming Fintech Conference: Payments, FX and Digital Assets.
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Hon. Dhaneshwar Damry, Junior Minister of Finance of Mauritius, has confirmed his participation in Fintech Conference: Payments, FX and Digital Assets, taking place on 26 February at InterContinental Mauritius.
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The Fintech Conference: Payments, FX and Digital Assets continues to strengthen its international profile by welcoming distinguished global experts. On 26 February at InterContinental Mauritius, the conference will bring together industry leaders, regulators and fintech professionals for a high-level discussion on the future of payments, foreign exchange and digital assets — featuring a special address by former Czech National Bank Governor Zdeněk Tůma.
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MAGMA Finance continues its steady growth and product expansion with another important milestone: the launch of mobile applications for iOS and Android.
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The conference will bring together key decision-makers, regulators, and industry leaders to explore the latest developments in payments, foreign exchange, and digital assets.
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The Economic Development Board Mauritius (EDB) has confirmed its participation in MAGMA’s second FinTech Conference, taking place on 26 February in Mauritius, reinforcing the country’s strategic ambition to strengthen its position as a global centre for financial innovation and cross-border investment.
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As part of our commitment to continuous growth and innovation, we regularly participate in leading international industry events that shape the future of payments and fintech.
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At the beginning of 2026, MAGMA launched an updated version of its user dashboard, combining international UX expertise, client feedback, and a strong focus on usability, reliability, and security.
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Long before digital platforms, real-time networks, or artificial intelligence, economic exchange depended on shared confidence that value would be preserved, obligations honoured, and rules applied consistently. As markets expanded across distances, currencies, and jurisdictions, trust moved from personal relationships to institutional frameworks — and later into technology itself.
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As the year comes to an end, we would like to extend our warmest holiday wishes to our valued clients and partners.
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The event will bring together key fintech stakeholders to discuss FX markets and cross-border payments, continuing the success of MAGMA’s flagship conferences in Mauritius.
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Are you passionate about client relationship management and ready to take your career to the next level in the financial services industry? We are looking for a dedicated and results-driven Relationship Manager to join our team at our head office in Mauritius.
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Mauritius leads Africa in the GTCI 2025, reflecting its strong talent ecosystem and favourable environment for sustainable economic growth.
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Mauritius emerged as Africa’s leader in M&A deal value in 2025, recording US$1.25 billion from just six transactions and reinforcing its position as a strategic financial gateway for the continent.
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MAGMA will join industry leaders and global marketing innovators at Affiliate World Asia 2025, one of the most prominent international conferences in the affiliate and performance marketing ecosystem. The event will take place on 3–4 December 2025 in Bangkok, Thailand.
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Mauritius is positioning itself as a hub for digital innovation and international business, exploring opportunities in cybersecurity, AI, and cross-border payments.
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Despite a challenging macroeconomic backdrop, M&A activity in Central and Eastern Europe gained new momentum in 2Q2025. EY-Parthenon’s fresh outlook reveals growing investor appetite for strategic, high-value transactions and industries positioned for long-term growth.
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In a world where capital and business operations move across borders faster than ever, the structure of a tax system—not only its rate—has become a key factor for competitiveness.
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Africa is entering a new phase of economic confidence. As private wealth expands and cross-border investment accelerates, Mauritius is emerging as a trusted financial hub — connecting Africa’s fast-growing economies with the global marketplace.
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From sanctions to shifting trade policies, geopolitics is rewriting the global business playbook. McKinsey’s new research shows how forward-looking companies are adapting their corporate affairs strategies to stay ahead.
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Global payments and FX flows show growing diversification.
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The newly assigned ratings underscore the company’s commitment to trust, transparency, and resilience in Mauritius’s evolving financial landscape.
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Every year, as the Festival of Lights draws near, Mauritius transforms into a sea of colour and warmth. Diwali — a Hindu celebration of light triumphing over darkness — has become a cherished moment of unity across the island.
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As part of our continued global expansion, we are opening a new strategic role in Cyprus — a key market for our international operations.
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In “When Money Thinks for Itself,” Nitish Caullychurn, Director of MAGMA Finance, reflects on how AI is transforming payments, regulation, and the meaning of trust in a digital economy.
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In the October issue of Mauritius Finance Magazine, Taras Kushnirenko, Head of Client Services at MAGMA Finance, shares his insights on how technology, innovation, and collaboration are transforming the way the world connects through money.
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Mauritius has once again been recognised as Africa’s leader in economic freedom, ranking 21st globally in the Fraser Institute’s Economic Freedom of the World: 2025 Annual Report.
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It’s been almost a month since the Mauritian Electronic Payment Platforms Conference, but the energy and insights from that day still feel fresh.
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The way we pay today — instantly, securely, and across borders — started with one small transaction that changed everything.
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Index 2025, reinforcing its position as a regional frontrunner in technology and economic transformation.
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At the end of September, our team will join industry leaders at Latvia Fintech Forum 2025, one of the most important platforms for shaping the future of digital finance in Northern Europe.
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In today’s digital economy, trust is built on security. By operating under the globally recognized ISO/IEC 27001:2022 standard, MAGMA affirms its place among leading companies that prioritize data protection, resilience, and reliability.
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The Mauritian Electronic Payment Platforms Conference brought together close to 150 industry professionals for a full day of insights, discussions, and networking — reinforcing Mauritius’s ambition to grow as an international financial hub.
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We thank all our registered delegates for their interest — the number of participants has already exceeded our expectations, and online registration is now closed.
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A week to go until the Mauritian Electronic Payment Platforms Conference, and we are pleased to announce a new addition to our speaker line-up.
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Just a little over a week left until September 11, when the Intercontinental Mauritius will host our flagship conference: Mauritian Electronic Payment Platforms.
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Mauritius, with nearly 50% of its population being Hindu, celebrates Ganesh Chaturthi as one of its most important cultural and religious festivals.
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MAGMA Finance, together with SAB&T International Financial Consulting LTD and in collaboration with Mauritius Finance, continues preparations for the Mauritian Electronic Payment Platforms Conference, taking place on 11 September 2025
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On September 11, the Mauritian Electronic Payment Platforms Conference will take place at the InterContinental Hotel Mauritius
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Alongside our headquarters in Mauritius and existing representative offices in Tajikistan and Cyprus, the new Riga office will serve as a strategic gateway to Northern and Western European markets.
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We are expanding our international team and are looking for a dedicated Customer Support Manager to join MAGMA Finance.
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In July 2025, Kimberley Le Court-Pienaar made history as the first African woman to win a stage at the Tour de France Femmes.
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The forecast puts global GDP growth at 3.0% in 2025, supported by strong international trade and improved financial conditions.
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While global attention often centers on the movement of high-net-worth individuals (HNWIs) toward powerhouses like the UAE or the US, smaller and more agile markets are emerging as under-the-radar winners in this global realignment. Mauritius is one of them.
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MAGMA is a regulated Payment Intermediary Service Provider delivering compliant and scalable infrastructure for global payment operations.
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The Global Wealth and Lifestyle Report 2025 by Julius Baer has revealed the world’s most expensive cities for high-net-worth individuals (HNWIs) — and for the third consecutive year, Singapore tops the list.
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We are proud to announce that MAGMA Finance has become a member of Mauritius Finance, the leading association representing the financial services industry in Mauritius.
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In a world where digital transformation accelerates by the day, one truth is becoming undeniable: the companies that thrive are those that invest in people as much as they invest in technology. It’s no longer enough to view frontline teams as a cost center or a replaceable function.
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Mauritius, once home to the iconic dodo, has long been a story of transformation — from a sugarcane-based economy to a diversified financial hub. Today, the challenge is not survival of a species, but sustainability of public finances.
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At MAGMA Finance, we believe that continuous growth starts with listening to those we serve. This June, we conducted a global customer satisfaction survey to better understand how our clients evaluate our services — and where we can improve.
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The first month of summer turned out to be one of the most dynamic periods for MAGMA Finance in recent times. As we shared earlier, we wrapped up June by launching our revamped company website — now more intuitive and user-friendly for both current and potential clients.
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India is no longer just a growth story—it’s a transformation in motion. With the potential to generate up to $2 trillion in revenues by 2030 across 18 high-impact sectors, the country is positioning itself as a dominant force in both global and national markets.
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EY’s Entrepreneurship Barometer 2025 provides a valuable snapshot of how over 1,000 business leaders across 16 countries in Central, Eastern, and Southeastern Europe are approaching growth, innovation
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We’re thrilled to introduce the MAGMA blog — a new part of our website where we’ll share valuable information, inspire you, and help you stay informed.
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