Creating a new generation Financial Ecosystem
Being on the mainstream of financial technologies Modum shapes how companies establish solid financial services around the MEA region
Eng
Creating a new generation Financial Ecosystem
CREATING A NEW GENERATION FINANCIAL ECOSYSTEM
Being on the mainstream of financial technologies Modum shapes how companies establish solid financial services around the MEA region
Eng
About Modum
MODUM has been established as a consequence of the merger of various assets. Having explored financial markets carefully, MODUM has been created to focus on opportunities on the Digital Finances and Data Management Platforms across the Middle East and Africa
Starting with deploy a payment gateway with basic functionality Modum team expanded its expertise in the fintech market by offering POS solution for agency networks across Africa. The next logical step was the deployment of a lending platform for POS agents, supply chains and credit unions
Starting with deploy a payment gateway with basic functionality Modum team expanded its expertise in the fintech market by offering POS solution for agency networks across Africa. The next logical step was the deployment of a lending platform for POS agents, supply chains and credit unions
About Modum
MODUM has been established as a consequence of the merger of various assets. Having explored financial markets carefully, MODUM has been created to focus on opportunities on the Digital Finances and Data Management Platforms across the Middle East and Africa
Starting with deploy a payment gateway with basic functionality Modum team expanded its expertise in the fintech market by offering POS solution for agency networks across Africa. The next logical step was the deployment of a lending platform for POS agents, supply chains and credit unions
Starting with deploy a payment gateway with basic functionality Modum team expanded its expertise in the fintech market by offering POS solution for agency networks across Africa. The next logical step was the deployment of a lending platform for POS agents, supply chains and credit unions
Payments Omnichannel
Modum provides a seamless platform, enabling global and local merchants to process all types of payments taking advantage of popular local payment methods together with global card payments.
Modum payment platform enables businesses to collect payments using 49 methods across 12 markets having reliable settlement and cross-border payouts. Modum has a plan to become the largest aggregator of local payment methods in the region.
Modum payment platform enables businesses to collect payments using 49 methods across 12 markets having reliable settlement and cross-border payouts. Modum has a plan to become the largest aggregator of local payment methods in the region.
Platform
Solution
This solution is in demand by several types of businesses. Firstly, these are local services that do not have their own billing system capable of contacting payment methods using the API.
Secondly, these are services that do not have representation on the market but wish to collect payments for their services.
Secondly, these are services that do not have representation on the market but wish to collect payments for their services.
SmartPOS
Platform
The Modum team understands the specifics of the region's economy and does not forget about the Agency networks on the ground.
The high scaling rates of the agency business model require the digitization of the outlets. Modum implements smart POS terminals that enable it to collect cash and cashless payments from the population.
The high scaling rates of the agency business model require the digitization of the outlets. Modum implements smart POS terminals that enable it to collect cash and cashless payments from the population.
Solution
The boom of the agency model in the region has led to competition. Only efficient companies remain in the game. Modum is involved in an inevitable process of agents digitization, replacing their current multiple and separate devices by all-in-one device - SmartPOS.
Modum clients get not only a smart device of course, but an entire automated settlement complex : Payments processing and balance accounting ; Admin panel for payment agents ; Android application for POS
Modum clients get not only a smart device of course, but an entire automated settlement complex : Payments processing and balance accounting ; Admin panel for payment agents ; Android application for POS
Communications Management
Platform
Notifications are an integral part of the payment business. We cannot imagine our credit card payment without an instant SMS alert. Being a fintech products provider, Modum helps its clients with non-payment solutions too.
Modum communication platform supports different types of communication channels such as SMS, WhatsApp, Telegram, USSD, PUSH and email. •Transactional, marketing, bulk, 2-way messaging, reminders and welcome messages. Modum clients appreciate communication tools along with the payment platform.
Solution
Lending
Platform
The annual lack of liquidity in the African market is about USD 4 trillion. This creates an increased demand for lending products in almost all sectors of economy: PDL, microfinancing, agency networks financing, supply chains financing, credit unions, etc.
Solution
Provided under Modum Partners’ Master licenses from May 2022 and includes :
— Loan management processing with operational services integrations;
— Scoring system with a machine-learning function and multiple data connectors for verification and assessment;
— Dedicated Personal areas for Managers and Customers.
Our clients are credit unions (SACCO), government institutions that encourage their employees, taxi aggregators.
— Loan management processing with operational services integrations;
— Scoring system with a machine-learning function and multiple data connectors for verification and assessment;
— Dedicated Personal areas for Managers and Customers.
Our clients are credit unions (SACCO), government institutions that encourage their employees, taxi aggregators.
Data
Platform
Data aggregation and processing with data sources integrations.
Solution
Data aggregation can be helpful for many disciplines, such as finance and business strategy decisions, product planning, product and service pricing, operations optimization and marketing strategy creation.
Dealing with a large amount of data Modum is able to provide statistical analysis for groups of consumers and to create useful summary data for business analysis.
Dealing with a large amount of data Modum is able to provide statistical analysis for groups of consumers and to create useful summary data for business analysis.
Banking
Platform
Solution
Modum plans to launch an app with a mobile wallet that offers customers a platform to top up funds electronically or through offline access points. The App would enable its users to initiate online payments by integrating with Visa and Mastercard virtual cards.
Planned on H2 2024 and will include:
— Data and transactions processing
— Wallet Mobile application
— Bank cards link and issuing
— Insurance Products
— Data and transactions processing
— Wallet Mobile application
— Bank cards link and issuing
— Insurance Products
Platforms & Solutions
This solution is in demand by several types of businesses. Firstly, these are local services that do not have their own billing system capable of contacting payment methods using the API.
Secondly, these are services that do not have representation on the market but wish to collect payments for their services.
Secondly, these are services that do not have representation on the market but wish to collect payments for their services.
Solution
Platform
Modum provides a seamless platform, enabling global and local merchants to process all types of payments taking advantage of popular local payment methods together with global card payments.
Modum payment platform enables businesses to collect payments using 49 methods across 12 markets having reliable settlement and cross-border payouts. Modum has a plan to become the largest aggregator of local payment methods in the region.
Modum payment platform enables businesses to collect payments using 49 methods across 12 markets having reliable settlement and cross-border payouts. Modum has a plan to become the largest aggregator of local payment methods in the region.
Payments Omnichannel
Platform
Data aggregation and processing with data sources integrations.
Data aggregation can be helpful for many disciplines, such as finance and business strategy decisions, product planning, product and service pricing, operations optimization and marketing strategy creation.
Dealing with a large amount of data Modum is able to provide statistical analysis for groups of consumers and to create useful summary data for business analysis.
Dealing with a large amount of data Modum is able to provide statistical analysis for groups of consumers and to create useful summary data for business analysis.
Solution
The annual lack of liquidity in the African market is about USD 4 trillion. This creates an increased demand for lending products in almost all sectors of economy: PDL, microfinancing, agency networks financing, supply chains financing, credit unions, etc.
Solution
Provided under Modum Partners’ Master licenses from May 2022 and includes :
— Loan management processing with operational services integrations;
— Scoring system with a machine-learning function and multiple data connectors for verification and assessment;
— Dedicated Personal areas for Managers and Customers.
Our clients are credit unions (SACCO), government institutions that encourage their employees, taxi aggregators.
— Loan management processing with operational services integrations;
— Scoring system with a machine-learning function and multiple data connectors for verification and assessment;
— Dedicated Personal areas for Managers and Customers.
Our clients are credit unions (SACCO), government institutions that encourage their employees, taxi aggregators.
Platform
Payments Omnichannel
Data
Platform
SmartPOS
The Modum team understands the specifics of the region's economy and does not forget about the Agency networks on the ground.
The high scaling rates of the agency business model require the digitization of the outlets. Modum implements smart POS terminals that enable it to collect cash and cashless payments from the population.
The high scaling rates of the agency business model require the digitization of the outlets. Modum implements smart POS terminals that enable it to collect cash and cashless payments from the population.
Solution
The boom of the agency model in the region has led to competition. Only efficient companies remain in the game. Modum is involved in an inevitable process of agents digitization, replacing their current multiple and separate devices by all-in-one device - SmartPOS.
Modum clients get not only a smart device of course, but an entire automated settlement complex : Payments processing and balance accounting ; Admin panel for payment agents ; Android application for POS
Modum clients get not only a smart device of course, but an entire automated settlement complex : Payments processing and balance accounting ; Admin panel for payment agents ; Android application for POS
Banking
Platform
Planned on H2 2024 and will include:
— Data and transactions processing
— Wallet Mobile application
— Bank cards link and issuing
— Insurance Products
— Data and transactions processing
— Wallet Mobile application
— Bank cards link and issuing
— Insurance Products
Solution
Modum plans to launch an app with a mobile wallet that offers customers a platform to top up funds electronically or through offline access points. The App would enable its users to initiate online payments by integrating with Visa and Mastercard virtual cards.
Communications Management
Platform
Notifications are an integral part of the payment business. We cannot imagine our credit card payment without an instant SMS alert. Being a fintech products provider, Modum helps its clients with non-payment solutions too.
Solution
Modum communication platform supports different types of communication channels such as SMS, WhatsApp, Telegram, USSD, PUSH and email. •Transactional, marketing, bulk, 2-way messaging, reminders and welcome messages. Modum clients appreciate communication tools along with the payment platform.
Platforms & Solutions
Platforms
& Solutions
& Solutions
Platform
Modum provides a seamless platform, enabling global and local merchants to process all types of payments taking advantage of popular local payment methods together with global card payments.
Modum payment platform enables businesses to collect payments using 49 methods across 12 markets having reliable settlement and cross-border payouts. Modum has a plan to become the largest aggregator of local payment methods in the region.
Solution
This solution is in demand by several types of businesses. Firstly, these are local services that do not have their own billing system capable of contacting payment methods using the API.
Secondly, these are services that do not have representation on the market but wish to collect payments for their services.
Platform
The Modum team understands the specifics of the region's economy and does not forget about the Agency networks on the ground.
The high scaling rates of the agency business model require the digitization of the outlets. Modum implements smart POS terminals that enable it to collect cash and cashless payments from the population.
Solution
The boom of the agency model in the region has led to competition. Only efficient companies remain in the game. Modum is involved in an inevitable process of agents digitization, replacing their current multiple and separate devices by all-in-one device - SmartPOS.
Modum clients get not only a smart device of course, but an entire automated settlement complex : Payments processing and balance accounting ; Admin panel for payment agents ; Android application for POS
Platform
Notifications are an integral part of the payment business. We cannot imagine our credit card payment without an instant SMS alert. Being a fintech products provider, Modum helps its clients with non-payment solutions too.
Solution
Modum communication platform supports different types of communication channels such as SMS, WhatsApp, Telegram, USSD, PUSH and email. •Transactional, marketing, bulk, 2-way messaging, reminders and welcome messages. Modum clients appreciate communication tools along with the payment platform.
Platform
The annual lack of liquidity in the African market is about USD 4 trillion. This creates an increased demand for lending products in almost all sectors of economy: PDL, microfinancing, agency networks financing, supply chains financing, credit unions, etc.
Solution
Provided under Modum Partners’ Master licenses from May 2022 and includes :
— Loan management processing with operational services integrations;
— Scoring system with a machine-learning function and multiple data connectors for verification and assessment;
— Dedicated Personal areas for Managers and Customers.
Our clients are credit unions (SACCO), government institutions that encourage their employees, taxi aggregators.
Platform
Data aggregation and processing with data sources integrations.
Solution
Data aggregation can be helpful for many disciplines, such as finance and business strategy decisions, product planning, product and service pricing, operations optimization and marketing strategy creation.
Dealing with a large amount of data Modum is able to provide statistical analysis for groups of consumers and to create useful summary data for business analysis.
Platform
Planned on H2 2024 and will include:
— Data and transactions processing
— Wallet Mobile application
— Bank cards link and issuing
— Insurance Products
Solution
Modum plans to launch an app with a mobile wallet that offers customers a platform to top up funds electronically or through offline access points. The App would enable its users to initiate online payments by integrating with Visa and Mastercard virtual cards.
Solutions developed by Modum ensure efficient operation of payment systems. The SmartPOS operator initiates the transaction, and the payment platform provides instant verification and payment processing
Communication platform provides notifications to all participants in the process accordingly. The Landing platform is activated to provide additional liquidity if necessary. The Data collection platform carefully stores historical data on all events for subsequent analytics. Modum is committed to constructing a global technology ecosystem for the e-commerce industry
Communication platform provides notifications to all participants in the process accordingly. The Landing platform is activated to provide additional liquidity if necessary. The Data collection platform carefully stores historical data on all events for subsequent analytics. Modum is committed to constructing a global technology ecosystem for the e-commerce industry
System
Solutions developed by Modum ensure efficient operation of payment systems. The SmartPOS operator initiates the transaction, and the payment platform provides instant verification and payment processing
Communication platform provides notifications to all participants in the process accordingly. The Landing platform is activated to provide additional liquidity if necessary. The Data collection platform carefully stores historical data on all events for subsequent analytics. Modum is committed to constructing a global technology ecosystem for the e-commerce industry
Communication platform provides notifications to all participants in the process accordingly. The Landing platform is activated to provide additional liquidity if necessary. The Data collection platform carefully stores historical data on all events for subsequent analytics. Modum is committed to constructing a global technology ecosystem for the e-commerce industry
System
A smart technology incubation engine nurturing impact-driven tech companies and entrepreneurs
Ecobank Transnational Inc. is a pan-African banking conglomerate, with banking operations in 36 African countries.
Telpo is the world’s leading smart terminal and solution provider
Velex is a Technology Investment Advisory and Management Consortium, focusing on the markets in the Middle East and Africa
Visa Inc. is a multinational financial services corporation. It facilitates
electronic funds transfers throughout the world
electronic funds transfers throughout the world
MTN Group Limited is a South African mobile telecommunications company, operating in 20 African and Asian countries
Airtel is an Indian multinational telecommunications services company. It operates in 18 countries across South Asia and Africa
Network
A smart technology incubation engine nurturing impact-driven tech companies and entrepreneurs
Ecobank Transnational Inc. is a pan-African banking conglomerate, with banking operations in 36
African countries
African countries
Telpo is the world’s leading smart terminal and solution provider
Velex is a Technology Investment Advisory and Management Consortium, focusing on the markets in the Middle East and Africa
Visa Inc. is a multinational financial services corporation. It facilitates electronic funds transfers throughout the world
MTN Group Limited is a South African mobile telecommunications company, operating in 20 African and Asian countries
Airtel is an Indian multinational telecommunications services company. It operates in 18 countries across South Asia and Africa
Network
Get in touch
General Line
A project, an idea, a question?
Contact us
Contact us
E-mail
Address
Socials
Office 221, Building A6,
Dubai Digital Park, DSO, Dubai, United Arab Emirates
Dubai Digital Park, DSO, Dubai, United Arab Emirates
Get in touch
General Line
A project, an idea, a question?
Contact us
Contact us
E-mail
Address
Socials
Office 221, Building A6,
Dubai Digital Park, DSO,
Dubai, United Arab Emirates
Dubai Digital Park, DSO,
Dubai, United Arab Emirates