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Software for financial institutions

We offer the roots; you sketch your optimal financial enterprise.


Numbe provides cutting-edge alternative payments and transaction software for modern businesses. Our customisable solutions empower companies to deliver unique financial products to their members and customers


What is Numbe Transact?

Numbe is innovative digital payments software designed for clients looking to establish financial products and services.

It enables the provision of comprehensive digital payment solutions to a diverse range of customers, including corporates, individuals, students, and cooperatives.

With its user-friendly interface and robust features, Numbe enables our clients to offer secure, efficient, and modern financial solutions to those customers left behind and intimidated by traditional commercial banks.

Global Reach

NUMBE is available globally with a focus on non-traditional banking markets where innovation is thriving.

Mobile Friendly

Numbe is designed with a mobile-first approach, ensuring seamless and convenient banking to your members on-the-go.

Customizable

NUMBE offers customizable solutions tailored to meet diverse client needs.

Who are our customers?

Numbe is the perfect choice for companies seeking innovative alternative banking solutions for their members and customers.

Fintech Startups
  • Numbe empowers innovative financial technology companies aiming to offer modern financial services without the overheads of traditional banks.

Social Enterprises (such as Student Aid Schemes)

Numbe's is an excellent solution for managing student disbursements and student financial services.

Co-op Banks
  • Numbe is for community-based co-ops owned and operated by their members, focusing on local financial products and services.
  • Sell insurance products through Numbe
  • Provide loans to your members through Numbe

Debt Management Companies

We assist with debt distribution. Affordable Distribution is distinct from debt review, debt counseling, or administration. It does not involve any court or legislative procedures

Case Study #1 - Fintech Startup
IMB


Numbe's software empowers companies to quickly launch and scale their digital financial services


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IMB


IMB is a registered Financial Services Provider (FSP) in South Africa. This financial services company leverages Numbe's digital payments software to deliver financial solutions to its clients and customers.

How does IMB work?

The IMB Account provides customers with a fully controlled virtual bank account, free from external debit or stop orders. IMB customers then link a pre-funded MasterCard debit card to their IMB Account for added convenience. Since its inception, IMB has grown steadily, expanding from 2,100 clients in 2012 to a thriving customer base of over 100,000 users today.

Case Study #2 - Student Aid Schemes


Numbe's inclusive and mobile-friendly financial services platform is an excellent solution for managing student aid disbursements and student financial services. Here's how:


1

Efficient Disbursements 

 Facilitate timely disbursement of funds to students’ accounts, ensuring access when needed.
2

Accessibility

Offer a user-friendly mobile platform for easy fund access and management without physical bank visits.
3

Financial Management Tools

Provide tools to students for budgeting, expense tracking, and financial education.
4

Total Audit Trail

Maintain a comprehensive audit trail for all transactions, ensuring transparency and accountability.
5

Customized Solutions

Tailor the platform to your specific needs, including integration with the application process.
6

Access to Big Data

Analyse spending patterns to understand how students use their funds, enhancing financial planning and support.

Case Study #3 - Cooperative Banking


A Co-op is a member-owned institution serving a community. A co-op offers financial products at scale to its members. For instance, it might sell insurance products and provide loans. Numbe is an excellent facilitator for bringing these services to your members. Here's how:


Why should co-ops use Numbe?

Numbe provides co-ops with fully controlled virtual bank accounts, eliminating external debit and stop orders. This gives co-ops and their members complete control over their finances, enhancing transparency and security.

Numbe offers a suite of customizable financial tools. Co-ops can use these to offer insurance and loans, leveraging Numbe’s platform to expand their services and provide added value.

By integrating Numbe’s innovative solutions, co-ops can significantly improve the banking experience of their members. With seamless transaction management, secure accounts, and personalized services, members enjoy a higher level of satisfaction and trust.

Numbe’s platform is designed for scalability, enabling co-ops to grow their member base and expand their services without compromising on quality or security. The platform’s flexibility supports co-ops at every stage of their growth journey.

With access to modern financial tools and technologies, co-ops using Numbe can stay competitive in the evolving financial landscape. The ability to offer advanced financial services sets co-ops apart from traditional financial institutions and other cooperatives.

Numbe helps co-ops reduce operating costs and improve financial efficiency. Lower costs mean more earnings can be distributed to members, boosting their income and the overall financial health of the co-op.

Co-op Potential Earnings

The figures on the right are merely indicative of what a Co-op with 50 000 members would typically earn monthly in Southern Africa from transactional fees alone. 

Before expenses, the turnover for a cooperative bank will be in the ballpark of $550 thousand per month (or $6.6 million per annum). 

Please call or email us to find out more about how we can assist your Co-op.

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Case Study #4 -- Debt Management


Numbe offers a comprehensive solution for debt management companies, providing tools to effectively track, manage, and streamline debt repayments. Here are some more details on how:


How It Works
Numbe offers invaluable support through our comprehensive Distribution Account Services.

By partnering with us, debt management firms gain access to streamlined, efficient solutions that simplify the distribution of funds and enhance overall financial management.

Our expertise ensures that payments are accurately tracked and allocated, reducing administrative burdens and improving client satisfaction.

Numbe

Modules

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Mobile Transacting App
Numbe's mobile app offers secure, on-the-go access to banking services, enabling users to manage accounts, perform transactions, and stay connected from their mobile devices.
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Desktop Transacting App
Numbe's desktop app provides a comprehensive, user-friendly platform for managing finances, conducting transactions, and accessing banking services from a personal computer.
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Solutions


In order to make use of Numbe Transact our clients must have their own application which will then interface to Numbe for transactional purposes.

Numbe, in turn, leverages advanced API technology to create a seamless, interconnected ecosystem. By integrating APIs, Numbe connects its own front-end applications with external companies, ensuring efficient and reliable service delivery.


Implementation

There are several matters that needs to be considered when obtaining a Numbe transact license. These include facets in and around Customisation, Operating Licenses, System Rules Configuration and Hosting and Managed Servers.

Customisation
  • Integration with the Call Centre facility
  • Reporting requirements and big-data management
  • Mobile App skin changes
  • Card branding
  • URL configurations

Operating Licenses

Before the system can be implemented business owners will have to be compliant to the in-country compliance laws, including an operating financial services license.

System Rules Configuration
  • Transaction fees
  • Recurring fees
  • Fee distribution rules, including commission payments.
  • Access security controls
  • Notification rules

Hosting and Managed Servers

Numbe is a proprietary system with specific requirements. We recommend using Abellard’s managed server solutions to ensure optimal performance and storage. These services include data backups and replication. Additionally, a pre-production environment might be needed.

Contractual Agreements

The following agreements are required to instantiate a Numbe Transact License

  1. Fees agreement
  2. Hosting services agreement
  3. Managed server agreement
  4. Call Centre outsourced agreement (optional)
  5. Notification service provider’s agreements
  6. Paymentology agreement
  7. PayAt agreement (optional)
  8. Commission agreements
  9. Customisation project agreements
  10. Implementation agreement (as described in the project charter)

Our Pricing

For exact pricing please make contact or set up an introductory call below

Hosting
Fees

Fees payable upfront

Per month

  • Data Hosting
  • Interconnect
  • Regional Redunduncy
  • Managed Server
Licensing
Fees

Fees payable up-front

Per annum

  • Mobile | Desktop | Call Centre Module
  • Disbursements
  • Paymentology
  • Finance Management 
  • Big Data Reporting
Implementation and Customisation

Mandatory

One time

  • Product Configuration
  • Skin Customisation
  • System integration
  • Software Deployment
  • User Training
Optional Outsourced Services

Optional

Monthly

  • Call Centre
  • Card Distribution
  • Business Support

Contacts

Phone

083 255 9518
087 820 8211

Email

info@numbe.co.za

Address

201 Lochinvar, Tamboerskloof, Cape Town, 8001

Working Hours

9:00 - 17:00

Write Us a Message

Let us know your thoughts and we will make contact with you and share further details

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