Built for Scale
Your Platforms for the Digital Financial Economy
Modular, compliant platforms for Banking-as-a-Service, Microinsurance, and Digital Identity. Built for rapid launch, scale, and interoperability across Africa and beyond.
FinBaaS is OpenFactor’s next-gen Banking-as-a-Service platform. It gives banks, fintechs, telcos, and non-bank institutions modular, API-driven infrastructure to launch financial products faster with built-in compliance and interoperability.
Key Features
- API Marketplace: deposits, payments, lending, insurance, investments
- Digital Wallets & Virtual Accounts (multi-currency)
- Payments Hub: RTGS, SWIFT, ISO8583, ISO 20022, mobile money
- Card Issuing & Management: debit/credit/prepaid, virtual cards
- Loans & Credit: origination, scoring, disbursement, lifecycle
- Embedded Finance rails for partners & ecosystems
- AI-enabled insights: fraud, credit, customer analytics
- Developer Sandbox for rapid iteration
Who It’s For
- Banks modernising legacy systems
- Fintechs scaling without infra overhead
- Telcos launching mobile money/digital banks
- Gov/Public Sector inclusion programmes
- Retail/Brands embedding finance
Business Impact
- Banks: lower IT burden, focus on growth
- Fintechs: enterprise-grade infra without CapEx
- Partners: new revenue via embedded finance
- Regulators: improved visibility & consumer protection
MInsure is a cloud-based microinsurance platform to design, launch, and operate mass-market insurance at scale. It’s built for low-cost distribution, flexible products, and regulatory compliance across emerging markets.
Key Features
- Multi-Product: micro-life, funeral, health, credit life, crop, PA
- Policy & Claims lifecycle automation with payouts
- Flexible Pricing: pay-as-you-go; daily/weekly/monthly
- Digital Channels: USSD, mobile apps, agent networks, telco
- Partner APIs for banks, MFIs, telcos, insurtech
- Analytics: fraud detection, risk profiling, portfolio KPIs
- Localisation & Multi-Currency for multiple geos
- Embedded Insurance for retailers/telcos/platforms
Who It’s For
- Tier-1 insurers modernising cores
- Telcos offering microinsurance via airtime/premiums
- MFIs bundling insurance with lending
- Government/NGO social protection programmes
- Retail & consumer ecosystems
Business Impact
- Insurers: lower distribution cost; new markets
- Telcos/Banks: new revenue & loyalty
- Regulators: better transparency & reporting
- Consumers: affordable, reliable protection
Qiniso is OpenFactor’s verification and digital identity platform. It enables secure, fast onboarding and fraud prevention using AI, biometrics, and real-time data checks—built for KYC/AML and multi-industry use.
Key Features
- Biometrics: face match, fingerprint, liveness
- Document Authentication: IDs, passports, licences
- Registry/Bureau Checks: national ID, credit, watchlists
- Fraud Detection & Risk Scoring with ML
- eKYC & Onboarding APIs for fintechs/banks
- AML/PEP sanction screening
- Audit & Reporting tools for compliance
- Localised, multi-country workflows
Who It’s For
- Banks/Fintechs: digital KYC & fraud prevention
- Telcos: SIM registration & subscriber verification
- Insurance: reduce claims & policy abuse
- Gov/Public: national ID, voter, social grants
- Retail/eCommerce: strong customer authentication
Business Impact
- Enterprises: reduced fraud losses & OpEx
- Regulators: simplified oversight & compliance
- Customers: confidence through secure interactions
Built for Your Success
Our platforms ensure scalability, security, and seamless integration.
API-first
Launch with SDKs, webhooks & sandbox.
Compliance-by-design
KYC/AML, privacy & auditability.
Built to scale
Cloud-native, resilient, observable.