Multipurpose technology system for financial monitoring & data collection
Bookkeeping for medium and small businesses
Monitoring tool for social organizations

What FINBIT Offers

The app’s focuses on tracking livelihood and financial aspects of people’s lives, and can be expanded to track other in-depth livelihood aspects such as details on business/agricultural training, inputs, yields, diseases etc., that impact on the livelihood and finances

Monitoring/Evaluation

Tracking how the implementation of a programme is progressing at ‘beneficial or target group’ level, where which numbers are achieved, attendance of courses, how many people are attending group meetings, etc

Impact measurement

Tracking how your clients’ lives improve (or not) as the programme gets implemented (ongoing) and beyond implementation (ideally compared to a control group that does not receive the programme but is otherwise comparable)

Product development & testing

In a participatory way, the self-diaries can help you to receive suggestions for new products or services, discuss product design and track how people are using the new products during the test phase

Who We are

FINBIT, established as a spin-off company in 2021, originated from its app developed earlier. The main product, created in 2018, is a technological system designed to enhance financial and livelihood data reporting for individuals and small businesses. It also offers tools for monitoring, evaluation, business development services, and member communication to organizations. Recently, the company expanded into a loan platform connecting users with financial service providers. Committed to broadening its impact across sectors, FINBIT aims to be a multifaceted, evidence-based tool for comprehensive financial management.

Features

Components: Reporting on incomes, expenditures, account, loans given, loans taken, assets & employees. Users can see their results in different ‘table and graph’ formats for each of the reported components. They can also apply for a loan based on their financial data & credit scores to different banks, MFIs & financial institutions. 

Incomes

Monitor your earnings from diverse sources while also tracking payment methods, transaction types, & other information

Insights

Visual representations of graphs to illustrate your income, expenses, accounts & loans. Comparison & compostion of income, expenses & accounts throughout time.

Loans

Take a look at the remaining balance on the loans you currently have, and keep tabs on the loans you've both given and received that have been repaid

Expenditures

Take a close look at your significant personal or business spending, as well as your discretionary expenses.

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Loan Platform

A marketplace, matching the right loan applications with right loan providers. Users can apply for loans & Indicate loan type preferences

Notifications

Configure reminders for payments, recurring expenses, and other messages, such as receiving timely notifications for upcoming bills that are due.

Why use FINBIT?

Convenience

Ever wondered about your financials on the road, at friends house, at work…etc, FINBIT makes it easier to check your data any time & any where as it is available for use both online or offline

State of the Art

FINBIT gives the best of organization & data management with deductions made using visual aids in a simple & user friendly platforms. The app is equipped with rich and interactive experiences making it interesting.

Secure

FINBIT’s ensures confidence as data is stored in a secure place & well-protected using latest encryption methods & made accessible to only you or your organization based on your preference.

Modular System

FINBIT is modular system. The app can be adjusted to fit a specific organziation needs and requirements. There are multiple components available throughout the app and you can have the option of choosing any component you want to use and leave out the ones you don’t need. Even under each component, there are many sub-components that are present which can be modified based on the client’s preference.

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