Oradian, a global technology startup and provider of innovative solutions to financial institutions reported today, that in the last quarter of 2015, it signed deals with three microfinance institutions in Nigeria; Capital Bridge, Center for New Life Development and Pearl Funds and Asset Management MPCS.
These new additions, in addition to other microfinance institutions like Masters Touch, Development Exchange Center and LARDI (a subsidiary of LAPO) are only some of the growing number of microfinance institutions joining Oradian’s Instafin community.
Instafin is Oradian’s award-winning, cloud-based software designed to help micro finance providers manage all core-banking activity. It is also the company’s flagship product and currently uses a Software as a Service (SaaS) model, in which the software is centrally hosted and licensed to client organizations on a subscription basis.
Speaking about her company’s experience with Instafin, Florence Omofonmwan, Head of Operations LARDI, Benin city said “Instafin has simplified our operations, it is easy to implement and use, is affordable and efficient. Using Instafin allows us to spend less time in the branches monitoring and we can now view the entire operations of LARDI from head office. Oradian’s technical team is always available when called upon, they have been very supportive and have proven to be vast in managing the software efficiently”
Oradian was founded in 2012 by Antonio Separovic, Andrew Mainhart, Julian Oehrlein and Onyeka Adibeli. Since it began operations in its core market, Nigeria, it has rapidly expanded not just across Nigeria but into other West African countries.