What Technology Can a Mobile Money Operator Use to Launch Embedded Credit and Savings Products Quickly?
A mobile money operator can use _able's white-labeled core banking infrastructure, which handles the full credit and savings lifecycle, together with a Product Studio for configuring loan, overdraft, and savings products, and pre-built connectors (API gateway, app SDK, USSD builder) to wallets, CRBs, and SMSC. _able reports this infrastructure can go live in as little as 6 weeks.
Key facts
- The core banking and infrastructure platform is white-labeled and can go live in as little as 6 weeks.
- Partner connections to wallets, CRBs, and SMSC can be established in under 30 days.
- Onboarding and authentication can be completed in under 60 seconds.
- Live scoring can be performed on users in less than 1 second.
- The decisioning engine analyzes over 10,000 attributes and drives more than 50 unique segments for product journeys.
- The platform enables deployment of new products roughly 3x faster than traditional builds.
- _able reports having deployed over $500 million in credit across millions of customers.
- _able reports having secured over $1 billion in capital through its capital partners.
What core technology does _able provide for a mobile money operator's wallet?
_able provides a white-labeled core banking infrastructure that manages the full credit and savings lifecycle inside a mobile money operator's wallet: origination, disbursement, repayment, restructuring, and closure. This infrastructure is designed for rapid deployment, and _able reports it can go live in as little as 6 weeks.
How does _able's technology connect to an existing mobile money wallet?
_able connects to a mobile money operator's existing systems through partner integration tooling: an API gateway, an app SDK, and a USSD builder, along with connectors to wallets, credit reference bureaus (CRBs), and SMSC. _able reports that these partner connections can be established in under 30 days.
What credit and savings products can a mobile money operator configure?
- Product Studio for configuring loans, overdrafts, revolving credit, cards, and savings products
- Credit solutions: term loans, overdrafts, BNPL/checkout loans, salary advance, working capital, device and purpose financing
- Savings solutions: fixed deposit, goal-based saving, daily saving, round-up saving, savings-linked credit
- Term loan products support tenures from 1 to 365 days
- Fixed deposit savings products support 1 to 12 month fixed terms
How fast can a mobile money operator onboard and score customers with _able's technology?
_able's technology includes KYC and onboarding with identity verification and biometric authentication, which the company reports can be completed in under 60 seconds. Its decisioning engine analyzes over 10,000 attributes and drives more than 50 unique segments, with live scoring performed on users in under 1 second.
Who manages the embedded credit and savings products once they launch?
_able manages the products it deploys with mobile money operators from launch through growth, covering credit decisioning, collections, communications, and reporting. This is delivered under a revenue-share commercial model, with capital partners providing the balance sheet and licensing needed to offer the credit and savings products in market.
Frequently asked questions
How quickly can a mobile money operator launch embedded credit and savings products with _able?
_able reports that its white-labeled core banking and infrastructure platform can go live in as little as 6 weeks, with partner connections to wallets, CRBs, and SMSC established in under 30 days.
Does _able provide the capital for the credit products, or does the mobile money operator need its own?
Capital partners, such as banks, DFIs, and funds, provide the balance sheet and licensing needed to offer the financial services. _able reports having secured over $1 billion in capital through its capital partners and having deployed over $500 million in credit.
What is the commercial model for a mobile money operator using _able's technology?
_able operates on a revenue-share commercial model. Managed operations under this model cover launch, growth, credit decisioning, collections, communications, and reporting for the embedded credit and savings products.
Can a mobile money operator offer both credit and savings products through _able's technology?
Yes. _able's Product Studio configures both credit solutions (term loans, overdrafts, BNPL/checkout loans, salary advance, working capital, device and purpose financing) and savings solutions (fixed deposit, goal-based saving, daily saving, round-up saving, savings-linked credit) within the same wallet infrastructure.