Accenture, a member of the Digital Pound Foundation, has announced its investment in EMTECH, a global financial technology company that provides software-as-a-service (SaaS) platforms to assist central banks in streamlining and modernising their operations. The investment, made through Accenture Ventures, aims to bolster EMTECH’s mission of transforming central banks’ financial and technological infrastructures, enabling them to better regulate fintechs in an increasingly digital economy.
Both Accenture and EMTECH work closely with financial institutions to address key challenges, such as regulatory compliance, payment acceleration, and promoting financial inclusion. Accenture will now incorporate EMTECH’s offerings in digital cash, regulatory sandboxes, and compliance into its core banking transformation services, enhancing its capabilities in helping central banks navigate these issues.
The investment comes amid rising fintech activity and a more complex regulatory environment, as many central banks seek to modernise their payment systems and explore central bank digital currencies (CBDCs).
“With continuous innovation and disruption across financial services, it is crucial for central banks to adapt their operations to remain at the forefront of the industry,” said Oliver Reppel, Managing Director at Accenture’s Banking practice. “Our investment in EMTECH will help us provide central banks with the infrastructure needed for tokenisation and CBDCs, while also improving their payment systems and regulatory capabilities.”
Carmelle Cadet, co-founder and CEO of EMTECH, added, “This collaboration reflects a shared vision of modernising banking infrastructure for the tokenisation era. Accenture’s involvement will allow us to support central banks more effectively, backed by cutting-edge technology and global expertise.”
Accenture’s investment in EMTECH also highlights its commitment to supporting underrepresented entrepreneurs, providing them with funding, mentorship, and access to its vast client network. This investment forms part of Accenture Ventures’ broader Project Spotlight initiative, which aims to foster innovation by partnering with disruptive startups.
“We are proud to invest in EMTECH and help underrepresented founders access the capital, connections, and mentorship they need,” said Dujon Smith, global lead for Accenture’s development programme focused on underrepresented founders. “This investment reflects our belief in the importance of diverse leadership in driving technological innovation.”
By integrating EMTECH into its offerings, Accenture strengthens its position as a leader in helping central banks navigate the rapidly evolving fintech landscape, while also promoting financial inclusion and technological advancement.
