EngOur case studies for the Finance & Banking Sector
Electronic-ID with Bank chip
Encompassed with a census program we will create the electronic ID card powered by a NFC chip, which puts a bank account in every Congolese hands promoting financial inclusion of the most rural inhabitants.
Virtual Bank
We will create a virtual bank which offers its services remotely via online banking and telephone banking and may also provide access via ATMs. This makes banking inclusion possible across the country.
Bank notes recall
Promote the recall of all bank notes into the central bank and present a bank new note. Similarly, place the clients money in a digital currency in the clients’ digital virtual bank which is embedded in their eID.
Insurance sector overhaul
Revolutionize the insurance sector by providing innovative solutions. The financial sector is comprised of 19 licensed banks, a national insurance company (SONAS) and the National Social Security Institute and one development bank (Société Financière de Development)
Capital and Investment management
Create a capital management service for big companies and investors as there is an estimated $10 billion of savings exist outside of banks.
Angel investors - Startup funding
Create an angel investor structure for startups and small enterprises as borrowing options for small and medium enterprises are limited. Maturities for loans are usually limited to 3-6 months, and interest rates typically hover around 16-18 percent.