Endava announced a partnership with Amazon Web Services to design and build the Nexus Global Payments platform, a new cross‑border payments network created by Malaysia’s Payments Network Malaysia (PayNet) and Singapore’s Network for Electronic Transfers (NETS). The partnership positions Endava as the primary technical partner for a system that will interconnect domestic real‑time payment platforms worldwide.
The project will begin development in early 2026 and target a go‑live date in 2027, giving Endava a long‑term revenue opportunity and a platform to showcase its AI‑native delivery model. By embedding artificial‑intelligence capabilities into the payment infrastructure, Endava aims to deliver a resilient, future‑ready solution that can scale across multiple jurisdictions.
Endava’s current financial performance has seen revenue declines and a shift toward higher‑margin AI services, creating near‑term margin pressure. The Nexus partnership could offset these headwinds by generating new high‑margin work and reinforcing Endava’s strategic pivot toward AI‑driven solutions in high‑growth markets.
Management emphasized the partnership as a demonstration of Endava’s ability to deliver large‑scale, cloud‑based payment solutions. CEO John Cotterell noted that the project will "highlight our AI‑native delivery model and deepen our presence in the growing cross‑border payments market," underscoring the company’s confidence in the initiative’s long‑term value.
The collaboration with AWS also leverages the cloud provider’s global infrastructure and AI capabilities, positioning Endava to deliver a scalable, secure platform that can adapt to evolving regulatory and market demands across the participating countries.
The content on EveryTicker is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.