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Built on Apache Fineract

A core banking system for SACCOs and microfinance institutions.

Loans, savings, shares and accounting in one system, set up for you and kept running. It fits a 200-member SACCO and a multi-branch MFI. Built on Apache Fineract.

Talk to usSee pricing
  • Loans, savings, shares
  • Branches and loan officers
  • SACCO plans from USD 50 a month
  • Clients: Groups and KYC
  • Loans: Products and repayment
  • Savings: Deposits and interest
  • Shares: Price and holdings
  • Accounting: Charges and journals
  • Reporting: Board and regulator
  • Maker-checker: Approvals
  • Permissions: Roles
  • Bulk import: Uploads
  • SMS: Notifications
  • Mobile money: MTN, Airtel, Safaricom
Yours to keep

A core banking system you can actually own.Open engine. Your hosting. Your books.

The ledger is Apache Fineract — not a closed package. You choose where it runs, you keep the data, and you are not paying us a cut of the institution.

Talk to usApache Fineract

The engine is open — and yours to keep

Apache Fineract, not a private SACCO package. You can leave with the core and the data.

It lives where you choose

Your server, your cloud, or ours. Already run Fineract? That instance stays. Nothing is replaced.

No cut, no forced screens

We do not take a slice of the books. The operator UI is recommended, not required. Products are fitted to how you work.

Who it is for

Built for how these institutions already work

SACCOs and microfinance institutions run on the same core, set up differently for each. Money lenders, investment clubs and fintechs that need a ledger fit too.

SACCOs and savings groups
Members, shares, savings, and loans on one ledger. Officers and tellers work a daily queue; the board still gets a picture of the books.
Microfinance and credit institutions
Branches, loan officers and their portfolios, group and individual lending, approvals, and portfolio-at-risk reports. Savings and charges sit on the same ledger when you take deposits too.
Money lenders and investment clubs
A smaller book, the same job: clients, products, and a ledger that matches how you actually take money in and pay it out.
Any screen

No computers, no problem.

BANKAYO runs on your phone, your tablet, or the big screen in the office. There are no computers to buy and no server to maintain. All you need is an internet connection.

The BANKAYO operator dashboard on a tablet, a laptop, and a phone.

For SACCOs

  • Start with the phone you own.

    No laptop, desktop or office server to buy first.

  • Record at the meeting.

    Enter deposits and repayments where the money changes hands.

  • Keep working in a power cut.

    A phone on mobile data carries on when the office is dark.

  • The board sees the books.

    Members of the board open reports on their own phones.

  • Lose a phone, lose nothing.

    Records are not stored on the device.

For MFIs

  • Loan officers work in the field.

    Register clients, take applications and record collections where the client is.

  • Open a branch cheaply.

    A few phones or tablets and a connection, with no room of computers to set up.

  • Approve from anywhere.

    A loan does not wait for the manager to get back to the office.

  • Same-day figures.

    Field collections show in portfolio reports that evening.

  • Big screens at head office.

    The same system fills a large display for reports and reconciliation.

See the operator UI

Built around your operations

The modules a SACCO or MFI runs on, in one core banking system — not a pile of spreadsheets.

Clients and groups
Onboarding, KYC data, group structures and member records.
Loans and loan products
Product setup, origination, approvals, disbursement and repayment.
Savings and savings products
Deposits, withdrawals, interest posting and statements.
Shares
Holdings, price per share, purchases, and the value of the book.
Charges and accounting
Fees, journals and a general ledger that stays reconciled.
Reporting
Standard reports, your own reports, and the formats your regulator asks for.
Branches and staff
Offices, loan officers and what each can see.
Portfolio quality
Arrears, portfolio at risk and provisioning.
Products, not a template

Your loan, savings, and share products — as they actually work

Terms, charges, and how a product behaves are configured with you. If a product does not fit the defaults, we change it in the core rather than paper over it.

Loan products
How you lend: terms, interest, charges, and the path from application to repayment. Set up with you so the product on the screen is the product you run.
Savings products
How you take deposits: products, interest posting, charges, and what is available versus held. Configured to your rules, not a generic savings account.
Share products
How you issue shares: price, purchases, pending versus approved, and the value of the holding. Matched to how your institution actually sells shares.
Talk to us

Your members and clients get an app.Savings, loans and shares on their phone.

About the Self Help app

One monthly price. No cut of your books.

You pay by the size of your SACCO, not by transaction. Setup is a one-time fee. Prices are in US dollars.

  • Starter

    $50 per month Billed monthly

    Talk to us
    • Up to 200 members
    • $150 one-time setup
    • Loans, savings, shares, accounting
    • Reports for the board
    • Approvals and staff roles
    • At cost SMS and mobile money
    • Not included: Self Help app for members
    • Members and balances from Excel or your old system
    • WhatsApp and email support
  • Growth

    $100 per month Billed monthly

    Talk to us
    • Up to 600 members
    • $300 one-time setup
    • Loans, savings, shares, accounting
    • Reports for the board
    • Approvals and staff roles
    • At cost SMS and mobile money
    • Self Help app for members
    • Members, balances, open loans from Excel or your old system
    • WhatsApp, email, phone support
  • Established

    $300 per month Billed monthly

    Talk to us
    • Up to 2,000 members
    • $750 one-time setup
    • Loans, savings, shares, accounting
    • Reports for the board
    • Approvals and staff roles
    • At cost SMS and mobile money
    • Self Help app for members
    • Full history from Excel or your old system
    • Named contact support

Pay for 10 months, get 12. Prices are in US dollars and exclude taxes. SMS and mobile money charges are passed on at the provider’s rate, with no markup. More than 2,000 members? Request a quote.

Larger SACCOs, MFIs and other institutions get a quote. See pricing.

FAQ

Frequently asked questions

What buyers ask before they commit to a core banking system.

A core banking system — clients, loans, savings, shares, charges, accounting, and reporting — the support to keep it running, and products fitted to how you already work.

Tell us how you work.We will tell you what fitting the core to your products looks like.

Talk to us