Fintech Insider Podcast by 11:FS cover image

705. News: Monzo has their U2 moment and Africa's newest fintech unicorn crowned

Fintech Insider Podcast by 11:FS

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How Does Your Core Banking Software Enable You to Succeed?

We're after providing financial services to the underbanked. We help most Egyptians grow their businesses and offer consumer financing loans, offer cashless payments and seamless transfers of money. And we're hoping to do that internationally as well very soon after this news. So basically we set out to build our own proprietary core banking software which gives us a huge competitive advantage. It makes us very fast in shipping products and it gives us the ability to scale both operationally and of course scale in terms of very fast decisions. Because of our mission, some of our competitors actually approached us to sell our software as a service and we've signed two of them.

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