Platcorp accelerates pan-African growth with Mambu
Platcorp Holdings, founded in 2003, aims to bring access to financial services to the financially excluded and underbanked. Over the past two decades Platcorp grew to become a major microfinance funder that provides affordable and sustainable financial services in East and Southern Africa.
In 2014, already established in Kenya, Tanzania and Uganda, Platcorp was eager to reach new African markets and to help more people and small businesses access the financial support they need, exactly when they need it.
To do that, the team launched a greenfield business called Premier Credit. Unlike all prior entities that were running on a legacy core platform, Premier was established on Mambu’s ultra-scalable, resource-lite cloud platform.
Interview with Simon de la Rey, COO of Platcorp Holdings Ltd and Edith Nyaga, Head of Innovation and Development at Platcorp Holdings Ltd.
This move enabled Premier Credit to automate processes, significantly cut IT costs and increase efficiency through innovation. Thanks to this success, Platcorp recognised the business need to harness the cloud to standardise systems and move all their businesses to Mambu.
Platcorp migrated to Mambu in 2014, and today operates in six markets with 15 subsidiaries.
Simon de la Rey and Edith Nyaga during the Mambu Next event in Amsterdam, 2022.