Digital Banking Platform for Equity Bank
Modernized banking infrastructure serving 15 million customers across 6 African countries
Engagement snapshot
The challenge
Equate needed to modernize legacy banking systems to support rapid growth, improve customer experience, and compete with fintech startups. The platform had to handle millions of daily transactions, support mobile-first customers, and integrate with mobile money providers.
The solution
Built a microservices-based digital banking platform with real-time transaction processing, mobile apps, agency banking system, and AI-powered fraud detection. Implemented gradual migration strategy to ensure zero downtime.
Results
- 15 million customers migrated successfully
- 200 million+ monthly transactions processed
- 60% reduction in transaction processing time
- 85% of transactions now digital
- $50 million in cost savings over 3 years
- Mobile app rated 4.7/5 stars with 5 million downloads
Technologies used
Client perspective
"The team at Buntu Labs delivered a world-class platform that positions us for the next decade of growth. Their ability to scale and adapt to our complex requirements was exceptional."
James Mwangi, CEO, Equate