Digital Savings Solution from Modefin

Save smarter, live better!

SUMMARY

Saving is the right starting point for the right financial destination. With Modefin’s Digital Savings solution, financial institutions can help their users open Micro Savings Accounts. The solution comes with various formal savings services designed to accommodate irregular income and savings for a lesser duration and smaller amounts.

Digital micro savings can help users demonstrate their creditworthiness for loan applications, encourage increased consumption spending, and lead to investment. It will help the low-income and economically active save for the future while working to earn a better livelihood today.

Micro Saving Account

value proposition Why Digital Savings from Modefin

Micro Saving & Lending

mSaving - enables a bank, SACCO or mobile wallet operator to offer a micro savings account to existing customers

Micro Savings & Lending

Real-time balance checks and transaction history.

Micro Saving & Lending Solution

One can create multiple micro-saving accounts instantly at a time and can keep track of them effortlessly.

Micro Saving & Lending

Accurate interest calculation and timely crediting.

Micro Savings & Lending

In case of need of money and early break option without penalties.

Micro Saving & Lending

User-friendly app for on-the-go banking.

Digital Savings Brochure

To learn more about Digital Savings download our brochure

Digital micro-savings accounts offer convenience and flexibility with minimal balance requirements, ensuring the services are accessible to individuals from all walks of life. The solution provides a user-friendly banking platform allowing users to manage their funds conveniently, with the option to deposit or withdraw at any time that suits them.

Insights

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Success Stories

Case study UMB Bank

Universal Merchant Bank Ghana

Universal Merchant Bank (UMB) is a leading indigenous bank in Ghana which offers a diverse range of financial services to meet the banking needs of its customers.

Case Study

Equity Bank Kenya

Equity Bank Fuels massive Transformation; migrates 3.5 mn SIM application Tool kit users and brings flexibility, stability and cost savings.

Featured Blog Posts

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