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HomeBankingBCFC launches lending app in Bahrain powered by Codebase Technologies and Atyaf...

BCFC launches lending app in Bahrain powered by Codebase Technologies and Atyaf eSolutions

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  • BCFC’s New App Sahel Launch:
    • Bahrain Commercial Facilities Company (BCFC) collaborates with Codebase Technologies and Atyaf eSolutions for its cloud-based credit and lending app, Sahel.
    • The partnership was announced in August 2022.
  • App Features:
    • Sahel enables customers to apply for credit cards, virtual cards, loans, and insurance.
    • Users can manage repayments, view transaction history, and access other features.
  • Technology Stack:
    • Powered by Codebase’s Digibanc platform.
    • Cloud-hosted environment managed by Atyaf eSolutions.
    • Utilizes digital onboarding, eKYC, and facial recognition technology.
  • Partnerships and Industry Presence:
    • Codebase Technologies has secured partnerships in the Middle East with entities like Capital Bank of Jordan, Ajman Bank, and Network International.
  • Strategic Vision:
    • BCFC’s CEO, Abdulla Bukhowa, views Sahel as a pivotal milestone in the company’s digital financial services journey in Bahrain.
  • API Integrations and Agility:
    • Cloud technology allows Sahel to leverage third-party API integrations, providing an “unprecedented level of agility,” according to BCFC.
  • Leadership Recognition:
    • Tamer Al Mauge, MENA managing director at Codebase, praises BCFC’s leadership and foresight, positioning them to lead the market and future-proof their innovative capabilities.

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