Nedbank Group, a large financial services company in Africa, has partnered with Africarare, an African metaverse provider, to purchase a 12×12 village in Ubuntuland, making it the first African financial services institution to join the metaverse, according to a statement from press.

The town will offer virtual games, a sports hall and other services.

‘Creating experiences that go beyond banking has always been a focus for Nedbank. Our entry into the metaverse is not simply about having a presence in this space, it is about meeting the needs of our clients on platforms that resonate with them, while offering a variety of touchpoints that continue to demonstrate our commitment to leading in digital. “said Khensani. Nobanda, group executive for marketing and corporate affairs at…