Mobile wallet and mobile money platform
Every naira, accounted for.
A complete wallet and mobile money platform for licensed institutions in Nigeria. Customer, agent and merchant apps, a double-entry ledger, transfers, bills, cards and the controls behind them. Launch it as Credible, customise it, or put your own brand on it.
- Mobile money operators
- Microfinance banks
- Payment service banks
- Commercial banks
Three ways to launch
One product, delivered the way your business needs it
Every model runs the same tested product release. They differ in brand and configuration, not in quality.
As-is
Launch quickly with the Credible brand, configured for your licence, providers, pricing and legal content.
Customised
Credible plus the workflows, reports and integrations your business needs, delivered as product enhancements.
White-label
Your brand on every app, message and statement, published under your own app-store accounts.
Every channel
Apps for everyone in your network
Customer app
iOS and Android
Customer web
Self-service in the browser
Agent app
Cash-in, cash-out and float
Merchant app
Collections and QR payments
USSD
For any phone
Partner portal
Aggregators and partners
Back office
Operations, compliance, finance
Capabilities
Everything a modern wallet operation needs
Onboarding and tiered KYC
BVN and NIN retrieval through your licensed access and the holder’s consent, liveness and document checks, and KYC tiers under your approved rules.
Wallets
Balances, holds, liens, post-no-debit, dormancy and closure, all governed by the ledger.
Transfers
NIP and NPS routes with failover, name enquiry, status requery and session IDs captured for reconciliation.
Bills, airtime and data
Validate, pay and requery through aggregators, with reversal only after confirmation.
Cards
Card issuing through your processor using tokens only. Full card numbers never touch Credible.
Agent banking
Agent onboarding, cash-in and cash-out, float management, commissions and branch teller deposits.
Merchant payments
Merchant onboarding, QR and in-app payments, settlement and refunds.
Fees, VAT and stamp duty
Configurable pricing, commissions, VAT and stamp duty calculated on every transaction.
Limits and fraud controls
Tier and channel limits, velocity rules, anomaly detection and holds under your approved rules.
AML screening and goAML
Sanctions and PEP screening, alerts and cases. goAML files prepared; your MLRO decides and submits.
Reconciliation and settlement
Daily float and settlement reconciliation with exceptions tracked to resolution.
Reports and audit trail
Operational and regulatory reports prepared for review, and a tamper-evident audit trail.
Engineering you can trust
Built around the ledger, because money is unforgiving
Credible’s ledger is the book of record for every wallet balance. The rules around it are strict, deliberate and tested before anything else is built.
Every transaction, every day
Debits = Credits
Double-entry, append-only ledger
Every naira is a balanced journal. Corrections are new entries, never edits.
Integer kobo
Amounts are held in whole kobo, so rounding never creates or loses money.
Idempotent by design
Every payment carries an idempotency key, so a retry can never pay twice.
Requery before reversal
Nothing is reversed until the counterparty’s final status is confirmed.
Maker–checker approvals
Sensitive changes need two people, and every action is in the audit trail.
Tested against simulators
Every provider adapter is built with a simulator and conformance tests before it goes live.
Your institution stays in control
Your licence. Your infrastructure. Your data.
Credible is software licensed to your institution. You remain the operator, you choose the hosting, and your records are always yours to retrieve.
- A dedicated deployment for each institution, on hosting you choose in Nigeria
- Your data, keys and secrets stay on infrastructure you control
- No kill switch: licensing never stops regulated functions or blocks your records
- Card data stays with your processor; Credible handles tokens only
Important: Credible is software. The licensed institution is the operator and keeps all regulatory obligations. Credible does not hold customer funds, operate payment rails or provide legal advice, and makes no claim of approval or certification by any regulator.
FAQ
Frequently asked questions
Can’t find what you need? Ask us directly.
Can we launch Credible under our own brand?
Yes. In the white-label model your brand appears on every app, message and statement, and the apps are published under your own Apple and Google accounts.
Which licence types does Credible support?
Credible ships with configuration profiles for mobile money operators, microfinance banks, payment service banks and commercial banks. Your institution applies its own approved rules and limits.
Where is Credible hosted?
On hosting your institution chooses in Nigeria: a single server, a high-availability set-up with a disaster-recovery site, or a scaled cluster. Operational data never sits on Flexschool systems.
Does Credible hold customer funds?
No. Funds sit in your pool and settlement accounts at banks. Credible is the book of record for wallet balances and reconciles them to those accounts every day.
Which providers can it connect to?
NIBSS services, identity and KYC providers, virtual accounts and payment gateways, bills aggregators, card processors, USSD and messaging providers, screening data and your own accounting and security systems, through tested adapters.
How long does a deployment take?
It depends on your licence, providers and the delivery model. We agree a milestone plan after discovery, including testing, go-live and a hypercare period.
Planning a wallet launch?
Tell us about your licence, your timeline and the brand you want customers to see. We will show you Credible and propose a delivery plan.