Blue Print for Nationwide Industry Transformation
BUSINESS IDEOLOGY
COMPANY OVERVIEW
Appzone is Nigeria’s leading provider of
home-grown Banking and Payment Software
solutions and creator of Africa’s leading Banking
and Payment Cloud solution for Microfinance &
Mortgage Banks- BankOne
MISSIO
N
To provide technology that empowers
people with unlimited access to quality
financial services.
VISIVVVV
VISIO
N
A financial cloud platform servicing a
billion users and processing most of
Africa’s financial transactions.
OVER
130
Highly Motivated
Professionals
SERVICING
16
Commercial Banks
Stats at a Glance…
& OVER
200
Microfinance Banks
Key Industry Partnerships
Other Strategic Partners
75%
of Nigerian
Commercial
Banks
as
Customers
SA’s leading
IT Services Group
(by Market Share)
More than 7000
Strong Workforce
(in 9 countries)
Annual Revenue
Exceeding
$500 million
Built & Owns
Two-Tier 4
(Data Centres)
Clients Include
Core Investor &
Infrastructure Partner
SA Stock Exchange
Reserve Bank
OUR OBJECTIVE
“....To communicate the purpose, philosophy,
and motivation behind BankOne as an initiative to
transform the Microfinance industry in Nigeria....”
LIMITING BARRIERS
Manual or Semi Manual
Operations
Some key
Limitations…
Limited geographical spread
Zero support for Electronic
Channels
Non participation in clearing
Lack of low cost high-quality tech
for automating operations
Low customer patronage
…have resulted in
Low deposits
Poor profitability, High cost &
In-sufficient income
Losses due to poor Internal
control
ABOUT BANKONE
“ Nigeria’s No. 1 platform that combines world
class Banking Software functionality with a
wide variety of alternative Banking channels
and is delivered as an affordable pay per use
product ”
Automating FI operations using the best
technology at Minimal initial & on-going
cost…
Streamlined
Operations
Output = 0.97%
How BankOne Transforms
Output = 97.0%
Relationship btw the Banks and BankOne
BankOne connects MFBs to the largest network of Banking
Channels at no extra cost
Commercial
Banks
ATMs
MFB
Headquarter
Field
Officers
PO
S
Interne
t
Mobile
Money
Agents
Bill Payment
Mobile
Banking
Branchless
ATM
Mobile
Banking
Money
Transfer
Bill
Payment
Reducing cost of operation
& creating multiple new
streams of income to
boost profits.
SERVICE COMPONENTS
 Customer account information
center
 Flexible Savings/Current/Fixed
Deposit products
 Group and individual loan
products
 Portfolio-At-Risk (PAR)
management
 Financial accounting and book
keeping
 Financial Reports
 CBN Returns/EFASS
 Credit Bureau Integration
 Treasury Management
 Fixed Asset Management
 Payroll Automation
 Approvals, Audit trails
 SMS, Email Alerts
World-Class Core Banking Application
Withdrawal at ATMs
Card Payments at Retail Outlets
Card Payments on the Internet
Card Co-branding
Automated Card request workflow
Debit Card Issuance
Balance Inquiry
Mini Statement
Funds transfers
Recharge
Mobile Banking
Bill Payment
Mobile Teller Automation
Cash-in
Branchless
Banking
Cash-out
Money Transfer
Recharge/Bill Payment
Correspondent Banking
Withdrawals at Correspondent Bank
Deposits at Correspondent Bank
Third party Cheque Lodgments
Electronic Payment Remittances
Bulk credits for Salary Payments
Account transfers from
commercial Banks
In-Branch FT & Bills Payment
Inter-Bank Transfers
Airline (Aero, Air Nigeria)
Cable TV (DSTV, HITV)
Postpaid GSM (Glo, Airtel)
PHCN, LSWC
Mobile Money Integration
Cash-in, Cash-out by mfb
personnel/agents
Cash-in, Cash-out services
for mfb customers
UNPARALLELED