TAB Finance, a new microfinance bank licensed by the Central Bank of the Republic of Guinea, has joined Oradian’s global community of visionary financial institutions
Microfinance institutions in frontier markets across West Africa are leapfrogging legacy systems and deciding to implement solutions that provide world-class best practices.
Digitalisation is increasingly important because it offers fintech providers such as mobile money apps the capacity to integrate with core banking systems. With its cloud-based solution, Oradian is driving the digitalisation of its customers so that they can offer their services to the unbanked more efficiently.
Oradian’s cloud-based core banking system enables financial institutions in West Africa to become more efficient with digital operations, make informed decisions and grow without incremental costs. With cloud banking technology, microfinance institutions are able to increase the number of clients they can service, expand their rural reach and further drive financial inclusion.
Mamadou Alpha Balde, managing director of TAB Finance, commented, “We recognised that Oradian provides cloud-based solutions relevant to the operations of our financial institution. We chose Oradian as TAB Finance’s digital strategy partner because Oradian is experienced across African markets, offers global best practice and shares our mission. We look forward to increasing operational efficiencies and enhancing our security.”
Oradian’s teams based in Lagos, Nigeria and Accra, Ghana work with financial institutions through each step of their digital transformation: from data migration, training and implementation, to routine check-ins and continuous improvement. Cloud banking is eliminating manual processes and automating reporting, which enables financial institutions to access the live data they need to know control their portfolios.
