Software Group and ELM Company, a pioneer in digital solutions, have officially signed a Memorandum of Understanding (MoU) at the GITEX Global 2025 event held in Dubai.
Under the agreement both parties will engage in a mutual collaboration in the field of financial technology (Fintech), working together with top-tier government institutions and focusing on the deployment of emerging technologies and digital infrastructure. The partnership also opens doors for future cooperation in markets such as Africa, Asia and GCC, co-launching digital products and consulting services tailored to institutional needs, and combining expertise in identity solutions and digital transformation, with a particular emphasis on e-governance.
Software Group will leverage its technology and experience to deliver digital solutions for the financial sector. Its DigiWave Platform will be the foundational system, supported by ready-made tools like agency banking, e-government services, digital wallets, super App, mobile factoring, disbursement platform system integration among others.
Speaking during the MoU signing, Kalin Radev, CEO at Software Group expressed pride in partnering with ELM, emphasizing the company’s commitment to working together to deliver impactful digital solutions for government institutions.
“This partnership reflects our shared commitment to driving inclusive digital transformation in the public & private sector. By combining Software Group fintech expertise with ELM’s trusted digital platforms, we are creating a powerful foundation for innovation, security, and citizen-centric services,” added Kalin.
Majed bin Saad AlArifi, the Official Spokesperson and Executive Vice President of Marketing at ELM, emphasized the company’s commitment to enhancing its capabilities through strategic partnerships. He noted that ELM continuously seeks to deliver innovative digital financial solutions that support public sector clients.
“We are proud to partner with Software Group to co-develop solutions that meet the evolving needs of government entities. Together, we aim to deliver scalable technologies that enhance operational efficiency and public trust,” said AlArifi.
The agreement marks a major step forward in advancing digital transformation across government entities in the region and beyond.
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