Technology Audit for Fintech in Africa – LoftyInc Case

The technological audit of fintech companies in Africa has become a key element in ensuring the robustness of platforms and securing investments in this growing sector. In an environment where technical performance is essential to the competitiveness of startups, this audit helps assess robustness, identify risks, and strengthen the confidence of financial partners.

It is in this context that a Moroccan fintech, supported by LoftyInc Capital, requested Baamtu's expertise to evaluate the robustness, performance and scalability of its platform.

This client testimonial looks back at the challenges of the mission, the solutions proposed and the concrete feedback from a major player in investment in Africa.

I. Context and challenges (Africa fintech technology audit)

LoftyInc Capital LoftyInc supports startup entrepreneurs in Africa, focusing on technology solutions for the everyday economy. Its portfolio includes startups active in areas such as payment infrastructure (Flutterwave), home services (Eden Life), pharmaceutical benefits (Chefaa), digital insurance (Reliance Health), auto finance (Moove), B2B retail (OmniRetail), and financial services (Touch and Pay). LoftyInc is dedicated to driving inclusive growth in emerging markets through innovation.

II. Need (Africa fintech technology audit)

In a sector where technological infrastructure is essential to the sustainability of businesses, the need for a technological due diligence (Tech DD) is becoming increasingly urgent. A Moroccan fintech company, operating in an environment where technological performance is a strategic factor, understood that this evaluation was crucial at a key moment in its growth. The objective was to demonstrate the robustness of its platform in order to reassure investors and ensure maximum confidence in its ability to support rapid expansion.

III. Solutions (Africa Fintech Technology Audit)

To address these challenges, LoftyInc chose to entrust Baamtu with technological due diligence (Tech DD). This process took place in several stages:

Comprehensive Infrastructure Assessment: Baamtu conducted an in-depth analysis of the fintech’s technology platform to verify its robustness and compliance with industry requirements.

Identification of risks and areas for improvement: The audit identified critical points and made recommendations on the actions necessary to ensure optimal performance.

Development of the structured report: A detailed report was provided to present the audit results and inform the investors' decision-making process.

“I highly recommend BAAMTU for its expertise in conducting rigorous and thorough technology due diligence assessments.”
Al Diop-Loftyinc
Alyune Diop, Principal
Senior Associate of Loftyinc Capital

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