Power partners with various banks, lenders, asset managers, and insurance underwriters in our markets. Financial service providers can provide their products to workers through the Power Platform to drive new customer acquisition, grow deposits, expand your loan book, improve your bottom line, and add additional capability to your offering in the market.

Power works closely with each of our partners to understand and provide a robust and secure technology platform that can be adjusted to cater to market uniquenesses in terms of KYC, AML, Data Protection, Cyber Security, and so forth.

The Power system can be hosted in the country or in the cloud, based on regulations and requirements. Our model is a pay as you grow solution so we charge transaction fees or grow through revenue share with each of our partners. This helps to get new partnerships launched quickly and ensures a win-win relationship long term.

Our Platform is broken into three main components:

• Digital Core Banking system with bank level security provided to the bank to manage advances, loans, and savings of employees. This is licensed to the bank/lender and can be standalone from your Core Banking system or loosely integrated.
• Employer/Company portal for companies you wish to onboard. This allows for companies to onboard, manage, and enable your products for their workers.
• Off the shelf mobile application which can be accessed and used by the workforce to get advances, save, borrow, and enroll in insurance.

Start providing affordable and appropriate solutions today to your end customers through the Power Platform! Send us an email at hello@yourpower.io to get started today or enquire further.