Member savings and loans, with the controls of a bank
Run contributions, member loans and dividends on a proper ledger, give members self-service, and be audit-ready every day.
What cooperatives tell us slows them down
“Contributions are manual”
Member contributions and dividends are tracked in spreadsheets.
BankQore: Contribution products and payouts on the ledger.
“Members keep calling”
Members can't see their balances without visiting.
BankQore: Member self-service on web and SMS.
“Audits take weeks”
Records are spread across tools.
BankQore: One audited system of record.
Everything in one platform
Built for members
◷ Phase 2
- Member savings and contribution schemes
- Member loans with guarantors
- Statements by web and SMS
- Dividend and interest runs
Nigerian rules, designed in
◷ Pilot 2027
- NUBAN account numbering
- NIBSS NIP transfers with name enquiry
- BVN and NIN verification with KYC tiers
- goAML reporting and CBN returns
Starter
A pooled cell with the core modules is enough for most cooperatives.
Migrating from another core?
Our migration toolkit loads customers, accounts, loans and balances, then reconciles them to your trial balance before cut-over. Parallel runs are supported.
Questions from cooperatives & credit unions
Do members need smartphones?
No. Members can get balances and statements by SMS; USSD is on the roadmap.
See BankQore for cooperatives
Contributions, member loans and statements in one demo.