Accelerate Africa’s Economic Growth with Us
CORE BANKING SYSTEM FOR COOPERATIVES
We are introducing the best Core Banking System for SACCOs, Self Help Groups(SHGs) and MFIs. Tecnostac Systems boasts an exceptional team of seasoned professionals in the financial technology domain, collectively amassing over 350 years of experience and continuing to grow.
Our core banking system for co-operatives, developed and introduced 25 years ago by Parent company Naive Plus Software Solutions, an ISO 9001:2015 certified company, revolutionized the banking landscape in India. Initially tailored exclusively for the cooperative banking sector, our system, referred to as Co-Bank+, has since evolved into a cornerstone of digital banking in rural India. This proven solution has empowered Cooperatives, SACCOs and Microfinance institutions to expand their operations affordably. Through our Core Banking System these institutions have undergone remarkable digital transformations, leading to a significant shift in how banking products and services are delivered to end customers. Thanks to this innovative technological solution, India’s rural banking industry has experienced a profound metamorphosis.
Join us in embracing the transformative power of our Core Banking System – Co-bank+ and witness first-hand the evolution of Digital Banking in your institution.
Solidifying the Future With CO-BANK+
Core Banking System For Saccos, Self Help Groups (SHGs), Investment Clubs and Micro Finance Institution's (MFIs)
In 2021, as part of a growth strategy, Naive Plus promoters joined hands with an expanded team of global experts in Core Banking solution development and transformations. Tecnostac Systems Private Limited was launched for international Business and it legally acquired the IPR rights of Co-Bank+ one of the best Core Banking System for SACCOs, Self Help Groups(SHGs), Investment clubs and Microfinance institutions (MFIs) from the parent, Naive Plus. Tecnostac is now the OEM of Co-Bank+ Application suite of products. The solution is being nurtured under the guidance of the enterprising and competent crew at Tecnostac, to meet the expectations of a global market.
The team of senior bankers and fintech veterans at Tecnostac harboured the vision to take this ground-breaking solution overseas. With prior knowledge of the African financial market and economic background, the team set the initial focus purely on Africa. Despite its high smartphone penetration, the market is still nascent in low-cost banking technology products. Coupled with this, is the problem of infrastructural constraints in the mobilisation, allocation, and consumption of financial resources, which leaves a large section of the population financially excluded.
With Co-Bank+ Core Banking system, SACCOs, Cooperatives, Investment clubs, Microfinance institutions and NBFCs of Africa will receive access to a Robust and Comprehensive System that will automate and accelerate banking processes. Additionally, the solution will assist small financial institutions in remote areas to reach out to more customers and offer them efficient and modern financial products and services. We pride ourselves on offering a dynamic range of solutions that can be tailored to meet your organization’s requirements, whether you prefer, on-premise, cloud-based or hybrid deployments. Our commitment to flexibility extends to our pricing models as well, allowing you to choose between our licensing or convenient subscription-based options. With industry experts at the helm and its rich legacy, Tecnostac is equipped to transform Africa’s economy and the lives of its people.