OUR ROOTS
GCS Established in 1995 by taking over the NCR branch office.
A few references:- RevenueNET- CBE 1st ATM Network- EtherNET- WoredaNET- IP MPLS Network
KFT @ A GLANCE
Established: 2010
140 + Employees 70 + Professionals 9 + Expatriates
390 + Employees by Jan 13
Investment: Birr 85 M
OUR VISION
To enable, financial & non-financial, transactions:
• Made Simple • Affordable • Within reach
OUR JOURNEY
Engaged Experts: Risk Frontiers Wipro Consulting Bankable Frontiers Micro-save
Gained Experience and Exposure: South Africa Kenya India
Our
Chan
nels
RemittancesSavings
Bill Payments
Payments
Electronic AirtimeE-Voucher
Our
Tech
nolo
gies
Single Window Service Platform Mobile Financial Services Platform Mobile Value Added Services
G2C
Our
Prod
ucts
….
First Services to go live are Utility Bills in 56 locations
Reduce time to settle bills from 6 – 8 hours to less than 2 hours
Reduce place to pay from 3 to 1 | Anyplace | Longer Hours
…. to Grow to 32 G2C services in the next 18 months
G2C Services: Changing the way citizens transactA PPP with MCIT on a BOT model
Mobile Money Branchless Banking
Building a Mobile Services Network to Enable
• Bill Payments• Domestic Transfer (P2P, B2B, P2B)• Electronic Airtime Top Up
Building an ADC Enabling access to Financial Services
• Pilot 24 ASP 2012• Scale up 320 ASP in 2013 • Roll out up to 8000 ASP by 2017
5
Building an Alternative Delivery Channel
Enabling access to financial servicesTr
ansa
ction
day
Back
offi
ce
Couples waiting for enrolment
Agent captures clients’ info and signature on hardcopy form
Agent registers clients’ data on the EPD, including photo
Agent captures clients’ finger prints on EPD
Staff upload & clean data, open saving accounts & print cards
ACSI submits enrolees’ data to WoFED for payroll creation, receives funds & credits to saving accounts
Client receives passbook and or a card
Agent inserts card to EDP & unique customer ID is read or inputs customer ID to EDP for cardless clients
Clients’ fingerprints authenticated vs. card (carded) or memory (cardless)
Clients complete transaction with the cashier and collect printed receipt
Enro
lmen
t day
The major steps from enrolment to transaction
6
Enabling financial services to Agricultural Value Chains
KFT’s Technology Platform Output buyer’s bank
Back–end solutions Front–end solutions in woredas
Card/e-voucher
Satellite branch at market
Bank/MFI Sub-branch
Input Supplier’s bank
Insurance company Farmer’s MFI or cooperative
At The Heart of KFT
TechnologyPayments
Mobile Money Core Banking
Rural Banking IT Infrastructure
Domain Expertise Banking Operations
MFI OperationsProducts and Services Development
Strong Management
Our People
Over 4 years of learning's with renowned consultants and
extensive operational exchanges combined with over 17 years of
technology infrastructure integration
Continuous experience gain on current project execution
Access to Knowledge in Product Development
Agent Development Technology Operations
Our IP
KFT – VASPlatform
KFT
SWSD
Platform
KFT Card | Mobile
Financial Services Platform
Data Center | D
isaster Recovery | NO
C
Call Center | Service Desk
Our Technology
KFT Rural Banking Platform
THANK YOU!