Content Title
Polaris launched an open banking platform that enables fintechs and value creators to leverage open APIs for different use cases.
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The Situation
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The OnePipe Solution
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The Situation
In a bid to be at the vanguard of the Open Banking trend in Nigeria, Polaris Bank sought to launch a robust platform that would publish its digital assets to the fintech community and other innovators who required Polaris’ digital assets to bring their products to life.
The OnePipe Solution
Polaris Bank and OnePipe embarked on a strategic partnership that entailed co-creating the bank’s flagship API gateway. Polaris’ APIs were made available alongside existing APIs from other OnePipe partners. The gateway started out as Suregate but it is currently called VulteÂ
APIs on Vulte enable fintech product creators to launch products adapted to peculiar financial needs of various demographics. These APIs enable the prompt funds collection and payments processing for merchants. A single integration gives access to a number of API services, enabling businesses to focus on customer adoption and acquisition while benefiting from a significant fee reduction.
The Outcome
Vulte has helped businesses scale effortlessly, while providing fintechs the resources needed to maximize their creative streaksÂ
Furthermore, Vulte APIs provide fintech lenders with access to bank data to make informed loan decisions amongst other services. In partnership with OnePipe and enabled by Open Banking, Vulte unarguably helps fintechs and businesses deliver outstanding customer experience which distinguishes them in a fiercely competitive marketplace.
