SME Banking solution from Modefin
FEATURES
As a solution provider to emerging and developed economies, Modefin understands the value of the SME segment and their contribution to job creation and GDP growth. In Africa, SMEs account for 90% of companies, providing nearly 80% of the employment in this region. SME Banking from Modefin helps small and medium enterprises access banking services and engage in a virtual mode with the bank for credit, deposit, transaction and advisory services.
value proposition Why SME Banking from Modefin
Paperless onboarding of new customers through AI-based document verification.
mPoS - Merchants can accept digital payments through their smart phones or tablets.
Through PoS Lending, SME Merchants can offer to finance customer purchases.
QR Code-based payment solution enables payment to be credited directly to the merchant’s account.
For customers with a good credit history, opportunity to offer SME Business Loans, Supplier/Invoice financing or other value-added services
SME Banking Customer Modules
To learn more about SME & Corporate Banking Solutions download our brochure
Insights
Success Stories
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.
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
Transformative Waves: AI Solutions Reshaping the Landscape of Retail Banking in Africa
The African banking sector is undergoing a significant transformation spurred by rapid
Revamping Payment Practices: The Emergence of QR Codes for Merchant Payments in Emerging Markets
Given the pace at which today’s digital customers function, businesses must implement
From Exclusion to Inclusion: The Importance of the ‘Business Correspondent’ Model in Creating a Level Playing Field in Banking
The traditional banking model has been dominated by physical branches, historically a