Everpesa provides core-banking solutions tailored for financial institutions. The platform integrates essential banking operations with robust investment management capabilities. This unified system streamlines processes for enhanced operational efficiency and service delivery.
Funding
Funding not disclosed
Founders
Product
Problem
SACCOs and microfinance institutions often face challenges in managing operations efficiently, engaging members effectively, and accessing investment opportunities, hindering their ability to promote financial inclusion and economic growth in underserved communities. Existing core banking systems can be complex, costly, and lack the specific features needed for these institutions.
Solution
Everpesa Technologies offers SafariBanking, a cloud-based core banking platform designed to streamline operations and enhance member engagement for SACCOs and microfinance institutions. SafariBanking simplifies SACCO management, facilitates loan origination, and connects institutions with investors through the Everpesa Invest platform. Everpesa Invest provides sustainable investment opportunities, democratizing access to financial markets and fostering economic growth. Everpesa Mobile further bridges the digital divide by providing affordable smartphones and seamless digital financial services.
Target Audience
The primary target audience includes SACCOs, microfinance institutions, small businesses, entrepreneurs, and individuals in underserved communities across Africa.
Features
- Cloud-based core banking solution tailored for SACCOs and microfinance institutions
- Comprehensive SACCO management features, including savings, loans, member engagement, and reporting
- Integrated loan origination and management
- Connection to Everpesa Invest for access to investors
- Secure and scalable cloud infrastructure
- Member empowerment through digital financial management tools
- Micro-investment opportunities for individuals
- Access to financial services previously unavailable
- Customized mobile devices and accessories solutions
- ICT infrastructure solutions for various sectors
- Network equipment solutions