Executive Summary
In a mere six months of implementation, our innovative platform generated an impressive ZMW 224 million in real-time value for Cash-in-Transit (CIT) clients. This remarkable achievement was realized while onboarding only 10% of the total targeted pickup sites, showcasing the platform's immense potential for scalability and value creation. The streamlined onboarding process, taking just 5 minutes per client, allows for swift integration and immediate value realization following the first CIT consignment pickup.
Client Background
Stanbic Bank Zambia, a member of the Standard Bank Group, the largest bank in Zambia by balance sheet, is one of the major engines driving the Zambian economy. Stanbic Bank Zambia prides itself on having 26 branches, four private banking suites, and 99 ATMs amongst others.