Cloud Microfinance System & Lending Platform

Finerac Software is a Platform for automating transactions in Microfinance Institutions, SACCOs, Banks, Cooperatives, Credit Unions, Lending Organizations and other MFIs. Fully integrated with Mobile Money and Banks.

Why Finerac?

We make it easy to track all users analytics

When it comes to managing your Sacco, Chama's and other businesses, one needs to choose tools that ease the work load, are accurate and accessible.

Simple & Easy Setup

Only four steps is required to set up the platform and start using!

Dedicated Support

All-time available support team ready to help you with any question. We are ready to support your members through our support channels.

Safe & Secure

Our platform is in a secure environment and all your data is safe.

99.99% Uptime

Our platform has an uptime of 99.99%, your ’s data can be accessed anytime. We also guarantee you 100% accuracy on all reports.

What is Finerac?

Finerac is for you!

Finerac is a platform that will provide your Sacco, your digital lending business or your Micro-finance with all the tools you need to run a profitable and digitally aware enterprise. We provide a cloud version which you can test drive here and we also provide a solution you can install. We have member tools which will enable your Sacco member to save, borrow and repay through their mobile phones. We provide an omni-channel toolset which encompass: USSD platform, Android App and iOS App (Coming Soon).

Why use Finerac?

Finerac provides an enterprise-class security architecture which enables your SACCO account to be integrated with core banking, also designed and engineered for large scale SACCOs, which possesses high sophistication and great performance.

How it works

Features

Overview of Finerac features

Loans

Borrow as an overdraft on your account at competitive rates to bridge short term cash flow difficulties. Loans are unsecured & approved within 24 hours

Savings

Park surplus funds from your wallet into fixed deposit for as little as 7 days & receive interest at attractive rates much higher than those offered by Banks

Reports & Accounting

Track expenditure against GL categories, branches, projects etc. View data in graphs or export to excel & accounting systems

Designed for security and scale

Gain peace of mind with enterprise-grade solutions tailor-made to secure and scale Finerac Software across your entire organization.

Access

Sleep soundly with enhanced administration and security backed by SAML SSO, enforced 2-step verification, automated user provisioning, and more.

Premium

Ensure your team and organization are ready to scale with 99.9% uptime SLAs, unlimited storage, 24x7 Premium Support, and more.

Development workflow

Finerac Software automatically updates issues and transitions work when code is committed in Bitbucket.

Continuous integration and deployment

Supercharge your CI/CD with Pipelines and monitor build status from within Finerac Software.

Advanced Privacy

Finerac Software invested in GDPR and Privacy Shield to ensure all data is handled with care.

Security

Finerac Software safeguards your data with controls like permissions and encryption in transit and at rest.

Compliance

Verify Finerac Software's security with SOC2, SOC3, ISO 27001, ISO 27018, PCI DSS, and more.

Making Banking Easier And less Corporate

LOANS
SAVINS
SHARES
SECURE
ACCOUNTING
REPORTS
SHARES
SAVINS
LOANS
AND MUCH MORE

A Platform for Innovation

Stay innovative and launch new products into new markets in the cloud or transform your current operations to serve your customers, your staff and your shareholders better.

READY INBUILT MODULES
LOANS
SAVINGS
SHARES
ASSETS
HRM & PAYROLL
PAYMENT GATEWAYS
income & expenses
and much more
Integrations

Integrated with the tools
you know and love

Improve your workflow with world-class integrations so that your team can do its best work.

Testimonials

What our great customers are saying

Trusted by over 5,000 customers worldwide

“The best MFI app for any lender, whether individual or corporate. you only lend to the borrowers you know. You are even able to know the exact location of the borrower when they default. I definitely recommend it to any lender.”

“This app is perfect for what we are doing in our organization. Once I created our SACCO Account for the company I work for and configured it to the companies specifications it went above and beyond perfect for what we do daily..”

“I like the clean design of it and everything is easy to understand as all the functionality are properly managed at one place. Would recommend this app to others as it helps us to track and manage our company clients data effectively.”

“Great experience and specially great support from Finerac Support team. They had really helped me and my team with my issues. We really appreciate your efforts.”

  Previous
Next  
Pricing

Flexible plans for your business size and needs

Simple plans hosted in the cloud. Finerac likely the best prices premium Microfinance and Core Banking System Globally. Finerac has best Pricing Policy, we charge per user (staff using the system) per month or per year. Pay per use only.

Startup

$20.
/ Month per User (staff using the system)

For Innovative & Smart & Digital Organizations

What’s included:
Clients & Member Registration
Loans and Loan Management
Deposit, Savings & Contributions
Shares & Dividends
Accounting & Financial Reporting
24/07 Support
Free for 7 days
START FREE TRIAL

Growth

$30.
/ Month per User (staff using the system)

For Innovative & Smart & Digital Organizations

What’s included:
All in Startup Included
CRM
HRM Payroll
SMS & Automated SMS Alerts
Assets Management
24/07 Support
Free for 7 days
START FREE TRIAL

Enterprise

$50
/ Month per User (staff using the system)

For Innovative & Smart & Digital Organizations

What’s included:
All in Growth Included
C2B Mpesa Integration
Mobile App for Clients
Mobile App for Clients
Project Management
24/07 Support
Free for 7 days
START FREE TRIAL

Need a custom plan for your business?

We offer discounts for large teams!

CONTACT US
MICROFINANACE
SACCO'S
BANKS
CREDIT UNIONS
LENDING ORGANIZATIONS
COOPERATIVES
FINANCIAL INTITUTIONS
CHAMA
CREDIT GROUPS
AND OTHER MFIs
Let’s simplify & automate your business

Let’s simplify & automate your business

Finerac is the Leading Premium Cloud based Management Software in East Africa for automating transactions in Microfinance Institutions , SACCOs, Banks, Cooperatives, Credit Unions, Lending Organizations and other MFIs.

Industries
MICROFINANCE (MFI)
SACCO's
BANKS
SAVINGS & CREDIT GROUPS
COOPERATIVES
CREDIT UNIONS
LENDING ORGANIZATIONS
OTHER MFI'S