Multi-Currency Support
Native support for KES, UGX, TZS, RWF, ETB, and USD with automated foreign exchange conversions, multi-currency accounting, and revaluation.
Regional Focus
Pan-African banking platform supporting financial institutions across Kenya, Uganda, Tanzania, Rwanda, and the broader East African Community.
East Africa is experiencing rapid financial sector growth with mobile money leading the world, expanding middle classes, cross-border trade increasing, and regional integration deepening. SelamNow supports financial institutions operating across the East African Community (EAC) with multi-currency capabilities, multi-regulatory compliance, and features designed for the unique dynamics of East African banking.
Native support for KES, UGX, TZS, RWF, ETB, and USD with automated foreign exchange conversions, multi-currency accounting, and revaluation.
Compliance modules for Central Bank of Kenya (CBK), Bank of Uganda (BOU), Bank of Tanzania (BOT), National Bank of Rwanda (BNR), and NBE regulations.
Proposed connectivity, subject to provider agreements and certification, with M-Pesa (Kenya, Tanzania), MTN Mobile Money (Uganda, Rwanda), Airtel Money, Tigo Pesa, and all major East African mobile money platforms.
Support for regional correspondent banking, cross-border payments, multi-country branch networks, and EAC trade finance operations.
Available in English, Swahili, Amharic, Kinyarwanda, and local languages across the region for member accessibility.
Consolidated financial reporting across multiple countries, regional performance dashboards, and country-specific regulatory submissions.
M-Pesa dominance, CBK compliance, IFRS reporting, Nairobi interbank market integration, shilling denomination management, and Kenyan tax regulations (KRA integration).
Bank of Uganda prudential guidelines, mobile money (MTN, Airtel), SACCO regulations, agricultural finance for coffee and tea farmers, and UGX large denomination handling.
BOT compliance, VICOBA (Village Community Banks) management, agricultural value chains, M-Pesa Tanzania integration, and Tanzanian shilling multi-currency operations.
BNR regulations, Umurenge SACCO integration, digital financial services frameworks, mobile money (MTN, Airtel), and Kigali's cashless economy initiatives.
East Africa pioneered mobile money with M-Pesa, has the highest smartphone penetration in Sub-Saharan Africa, benefits from relatively stable regulatory environments, and enjoys growing middle-class populations driving demand for financial services. Regional integration through the EAC creates opportunities for cross-border banking, trade finance, and regional financial institutions.
Next step
Plan regional banking operations with shared controls and country-specific requirements.