Simpo APIs
Description
Simpo API is a unified fraud detection and financial intelligence platform that enables banks, fintechs, and microfinance institutions to detect, share, and prevent fraud in real time. Using AI-driven rule sets, shared intelligence, and seamless API integrations, Simpo helps institutions identify suspicious activity, reduce losses, and build trust, without needing to overhaul their existing systems.
Impact
Simpo API strengthens financial trust and stability across Africa’s digital economy by reducing fraud losses for banks, fintechs, and MFIs. By protecting customer funds and enabling fair access to credit, it helps small businesses and individuals thrive, promotes financial inclusion, and enhances confidence in digital financial systems.
Target Audience
The primary beneficiaries are banks, fintechs, and microfinance institutions (MFIs) that rely on digital transactions and credit systems. Indirectly, individual customers and small businesses also benefit through reduced fraud losses, improved trust in financial services, and increased access to secure digital finance.
Industrial Value Chains
Partnerships
Individual (self-led or personal innovation)
Innovation Details
April 2, 2025
Contact Information
Solomon Kitumba
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