ORADIAN’S STORY– A FINTECH COMPANY GROWING FRONTIER MARKETS
The challenges faced by financing companies, microfinance institutions (MFIs), and microfinance banks (MFBs), can be very different to the those of the banks. For example, their end-clients are often concentrated in areas with poor IT infrastructure. Oradian’s founders saw that these often smaller – but vital –fast-growing businesses were not getting what they needed from the big fintech providers. So they set out to create a way for smaller finance businesses to reach and service customers in rural and remote locations.
FINANCIAL INCLUSION DRIVES GROWTH FOR OUR CLIENTS
Driven by a passion for connecting more people in the world to the financial ecosystem, Oradian’s founding team set about working with MFIs and MFBs in rural northern Nigeria to create a low-cost, secure, flexible way to achieve this.
The result is Instafin, a cloud-based core banking system which even the smallest financial institutions can afford to use, but which grows as they grow. And they do grow.
Working closely with our partners, we are always improving Instafin to ensure it keeps pace with our customers’ changing needs and priorities. Because it’s cloud-based, new developments roll out automatically to all our customers, adding new value and delivering fresh and powerful ways for them to grow.