Smaller banks tend to have many obstacles in bringing their banking services online. Below are some of the key obstacles faced by banks.
Lack of tech-savvy staff
Legacy systems that are hard to adapt
Limited funds
Regulator concerns
High Failure
Rate (70%)
Benefits of SIMBAS
Minimal Set-up Time
and Cost
Full Digital Customer
Onboarding
Proven FinTechs
integrated through APIs
Pay-as-you-go
De-Risked Deployment
Minimize Upfront
Captial Costs
Minimal Set-up Time
and Cost
Full Digital Customer
Onboarding
Proven FinTechs
integrated through APIs
Pay-as-you-go
De-Risked Deployment
Minimize Upfront
Captial Costs
Global Adoption of SIMBAS
SIMBAS, a Small and Medium Banking System, has revolutionized the global financial industry by providing banks with a cutting-edge platform to enhance efficiency, security, and user experience in the modern financial landscape.
Interested to Learn More?
Launch your own full service Digital Bank with SIMBAS in months, not years. Targeting the small and medium banks to digitize their banking systems.