Oradian, foremost provider of cloud-based core banking solutions, has declared that SEAP has selected and implemented Instafin, Oradian’s core banking platform, to take it through its next exciting phase of growth and digitalisation.
Self-Reliance Economic Advancement Programme (SEAP) is a business-oriented, non-profit, non-political, and non-governmental organisation (NGO) that focuses on promoting sustainable livelihoods and supporting small and medium-sized enterprises in establishing viable, market-oriented structures.
This collaboration underscores Oradian’s established presence in Nigeria and its reputation as a global technology leader with deep expertise in local markets.
It said in a statement that SEAP joins a growing portfolio of Nigerian financial institutions leveraging Oradian’s out-of-the-box capabilities and highly customisable, API-first platform.
Founded in 1998, the statement said SEAP is a long-standing partner of the Grameen Foundation and Oiko Credit, playing a pivotal role in supporting small and medium-sized enterprises. With over 200 branches and 400+ mobile digital touch points, leveraging Oradian’s Edge solution and nearly 400,000 active customers, SEAP is a key player in the Nigerian financial landscape, empowering its traditionally underserved clients with innovative digital financial services, including branchless account opening, ATM cards, loan products, and internet banking.
“By transitioning from a less-specialised cloud core to Oradian’s tailored platform within just six weeks, with minimal disruption, SEAP has already reaped significant benefits, including enhanced operational efficiency, improved data quality, and faster, automated report generation. The move to Oradian aligns with SEAP’s ambition to achieve threefold growth, fully digitise its operations, and streamline client onboarding.
“Oradian’s strong foundation in Nigeria and other African markets and deep understanding of the operational needs and business dynamics of the retail market segment (MSME and individuals) make it the ideal partner to support SEAP’s strategic goals. The platform’s API-first design enables seamless integrations with other digital solutions while meeting complex reporting requirements”.
The statement further said that Oradian’s Custom Code feature offers advanced customisation capabilities, a key differentiator.
“We are delighted that SEAP has chosen Oradian to support its growth and digital transformation journey. Our future-ready core banking platform empowers financial institutions like SEAP with the scalability, flexibility, and integration capabilities they need to drive financial inclusion and enhance service delivery. With the addition of Oradian’s Edge and Custom Code, SEAP can innovate faster and address the specific needs of the communities they serve.”
Joshua Ajadi, Head of Information Technology at SEAP, said in the statement that “Over the last six months, we’ve experienced a significant boost in operations thanks to the ease of reporting enabled by Instafin, Oradian’s core banking system. Oradian truly understands the nuances of our business— such as the types of products and reports we require and how we operate across branches spread over vast distances of Nigeria. Thank you, Oradian, for making my life so much easier.” Olatunde Oladokun, Program Executive Director for the MFI and Chairman SEAP Microfinance Bank, remarked: “Antonio and Onyeka have been incredible supporters over the years, first introducing me to Mambu, which made us Nigeria’s first cloud core banking platform user. Now, Oradian has elevated that experience
” With Oradian’s future-ready core banking platform, SEAP is poised to advance its mission of economic empowerment for Nigerians by expanding digital financial services, improving operational efficiency, and offering tailored products to its customers. This collaboration marks a significant milestone in delivering localised, digital-first banking solutions to the Nigerian market and building an inclusive economy.
Join BusinessDay whatsapp Channel, to stay up to date
Open In Whatsapp