Faulu upgrades system as it targets larger businesses

The new platform is expected to give the lender more capacity to scale its services and handle the changing needs of its customers...

✨ Key Highlights

Faulu Microfinance Bank has upgraded its core banking system to expand its services beyond MSMEs and target larger businesses.

The upgrade aims to increase the bank's capacity to scale services and handle evolving customer needs.
Faulu CEO Julius Ouma stated the upgrade will enable better service for existing customers and room for new innovations.
The bank will continue serving MSMEs while utilizing the new system for larger, more complex business operations, improving transaction, credit, and compliance handling.

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