Reports

Firm highlights rising demand for reliable core banking systems

…unveils udara360

Fintellia has underscored the growing demand for more reliable and scalable core banking systems across Nigeria’s microfinance sector following the public debut of its next-generation platform, Udara360.

According to a statement by the firm, the platform was showcased at the Microfinance @20 Conference held in Uyo, Akwa Ibom, where Fintellia received an Award of Excellence from the National Association of Microfinance Banks (NAMB), signalling growing acceptance of the sector’s shift toward more advanced, always-on banking systems.

The company said conversations among bank leaders, regulators and technology partners at the event revealed a strong industry push for modern infrastructure capable of supporting always-on operations, faster product rollout and seamless integrations as institutions expand their services and customer reach.

Speaking at the event, Samuel Ukpong, Chief Executive Officer, Fintellia, said the conversations at the conference made one message clear which is that the industry is ready for a new phase of technology adoption.

“At the conference, one message was unmistakable: it’s time for NextGen banking in Nigeria, powered by a strong technology backbone. Udara360 isn’t just another core banking platform. It’s the evolution of banking infrastructure, built for speed, built for scale, built for Africa,” he said

Udara360 is built specifically for the operational realities of African financial institutions and delivers three key capabilities that sector operators say have been long overdue: Operational excellence, allowing faster transactions, automated workflows and improved support; Zero-downtime architecture, enabling continuous operations even during system upgrades or peak activity and,

Plug-and-play integrations, with free APIs that connect banks to channels and third-party applications with reduced complexity.

Ukpong noted that across discussions with banks, regulators and technology partners, participants described such capabilities as essential for the next decade of financial inclusion and institutional growth.

According to him, Nigeria’s microfinance ecosystem has expanded rapidly in recent years, with institutions seeking more reliable systems to support customer transactions, scale operations and meet regulatory expectations.

“Banks don’t just need software; they need infrastructure they can trust. Udara360 gives forward-thinking institutions the confidence to scale without sacrificing reliability or speed,” Ukpong said.

According to Fintellia, the platform is engineered to help institutions launch products faster, operate efficiently at scale, and expand seamlessly across channels and partners.

The firm added that Microfinance banks and other financial institutions can book a free demo of Udara360 through Fintellia’s website.

“Fintellia is a Nigerian financial technology firm focused on building the technology backbone for the next generation of African banks, with core solutions aimed at improving reliability, integration, and operational resilience across the sector”, the firm said.