Ukheshe Technologies provides a Banking-as-a-Service platform that integrates digital wallets, payment processing, and digital KYC solutions through a secure API-first architecture. This enables banks and fintechs to offer tailored financial services, enhancing financial inclusion and streamlining customer onboarding in a compliant environment.
Funding
$38.6M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Many financial institutions struggle to offer comprehensive digital financial services due to complex integrations, legacy systems, and the need to comply with evolving regulatory requirements. This limits their ability to reach new customers, offer innovative products, and compete effectively in the rapidly evolving digital landscape.
Solution
Ukheshe Technologies provides an API-first Banking-as-a-Service (BaaS) platform, named Eclipse, that enables banks, fintechs, and telcos to rapidly deploy digital financial solutions. The platform offers a suite of over 150 RESTful endpoints covering digital onboarding, digital wallets, card issuing, and payment processing. By providing pre-built components and infrastructure, Ukheshe simplifies partner integrations and ensures a secure, scalable, and PCI-compliant environment. This allows businesses to offer tailored payment solutions, streamline customer onboarding, and enhance financial inclusion.
Target Audience
The primary target audience includes banks, fintech companies, telecommunications providers, and other financial service providers looking to expand their digital offerings and reach a broader customer base.
Features
- Comprehensive suite of APIs for digital onboarding, digital wallets, card issuing (physical and virtual), and payment processing (QR codes, tokenized cards, tap on phone)
- Cloud-native orchestration platform with a set of 150+ RESTful endpoints
- PCI-compliant environment ensuring secure transaction processing and data handling
- Multi-platform integration capabilities (web, PWA, apps, chat, USSD)
- Digital KYC solutions for secure and seamless customer onboarding
- Scalable infrastructure designed to adapt to changing business demands