Skylabase, a Cameroonian technology company based in Buea the silicon mountain, is proud to be a nominee for the African FinTech Award 2016 in the Category of retail banking. Skylabase provides technologies for financial inclusion with the aim of getting a bank account to every single person in Africa. The company was founded in 2015 by Ayuk Etta Akum
What is retail Banking?
The term retail banking is strange to many of us who haven’t got a clue about banking. Retail banking, also known as Consumer Banking, is the provision of services by a bank to individual consumers, rather than to companies, corporations or other banks. Services offered include savings and transactional accounts, mortgages, personal loans, debit cards, and credit cards. The term is generally used to distinguish these banking services from investment banking, commercial banking or wholesale banking. It may also be used to refer to a division or department of a bank dealing with retail customers.
This financial solution provider has made remarkable progress since its creation and has attracted many engineers, consultants, business developers, marketers, designers, well-wishers to push the dream. Skylabase dream to support emergence in Cameroon and economic stability in Africa by providing qualitative, functional and usable solutions.
SmartFinance is a proud product of Skylabase which is a test driving digital innovative platform that Africa build to end poverty.This financial technology solution is aimed at financially including Africans by driving out a technology that enables retail banking institutions like microfinance, SACCOS, Credit unions, Village Lending and Saving groups, and Njangi or peer lending homes to effectively manage their clients or members and enable them to carry out distant and mobile banking from home.
Congratulations to Skylabase as she is currently among the top four FinTech retail banking startups in Africa. In this light, we call on all Cameroonians to give a hand of support to Skylabse to become the winner in their Category. Please VOTE HEREEN FR