A US-based provider of core banking software, FinOS, recently signed on Success Microfinance Bank, which has one branch in each of four cities in Zimbabwe. Success Microfinance, which was founded 13 years ago as Collarhedge Finance, provides lending, savings, treasury, payment card and transfer services - including via digital channels - mainly to small and medium-sized enterprises (SMEs). FinOS has offices in India, UAE and the US, reportedly serving 50 banking customers in 10 countries.
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