SBS Streamlines Microfinance Operations to Expand Financial Access Across Africa

Source: FF News

SBS, the global financial technology company that more than 1,500 financial institutions rely on to digitally transform the way they operate, announced today the expansion of its core banking technology SBP Core Amplitude by SBS for microfinance operations.

More than 220 large retail groups, greenfield banks and microfinances across Africa, including KCB Group, BGFI Bank, Orabank, Coris Bank, Community Credit Company (CCC Plc), Scolaris Finance, Advans (Ghana, Tunisia, Côte d’Ivoire, and Cameroon) and QNB Egypt, already rely on SBP Core Amplitude to streamline their operations. Now, SBS will expand its work to seamlessly enable small-scale transactions like micro-loans, payments and savings accounts; ensure local regulatory compliance and power financial institutions’ evolution ambitions within SBP Core Amplitude’s scalable solution.