Asseco SEE Continues to Win Business in Africa
Global Leasing Company in Egypt selects Asseco SEE for its market proven product LeaseFlex.
Global Leasing Company in Egypt selects Asseco SEE for its market proven product LeaseFlex. Asseco SEE has also successfully implemented proprietary solution for POS terminals Paypro, which has been in production in three countries in Africa.
Asseco SEE has won its next customer in Africa by deploying LeaseFlex to Global Leasing Company (GLC) in Egypt.
GLC was seeking proposals from vendors to provide a new finance and leasing enterprise resource planning system. After a challenging and inclusive RFP processs, Asseco SEE was selected as the vendor for the project out of 12 vendors. Asseco SEE’s leasing solution LeaseFlex was chosen due to its comprehensive and flexible functionality. GLC initially operating in Egypt, aims to provide a full range of international standard leasing products including products that provide accessible, transparent and competitive financial leases for large corporate, small and medium-sized enterprises and entrepreneurs.
Asseco SEE has also successfully implemented proprietary solution for POS terminals Paypro, which has been in production in Republic of Benin, Republic of Guinea and Burkina Faso. This project is carried out in cooperation with Asseco SEE’s long-term partners, Ingenico and Societe Generale Bank. The future plans include implementation in Cameroon, Senegal, Ivory Coast and Ghana.
In Q4 2015, Asseco SEE transferred its know-how and experience in secure e-payment solutions to Africa by providing Maroc Telecommerce acquired by CMI, Morocco’s first and largest payment service provider, with NestPay®.
About Paypro: Paypro supports all standard EFT POS functionalities for different types of retailers. It provides multi-vendor and multi-model support, in both attended and unattended environments. Paypro fully complies with the requirements of payment organizations and the PA DSS standard. The application is supported in 16 languages, which offers a huge potential for numerous markets.
About LeaseFlex: LeaseFlex is a web-based Lease and Asset Management software for equipment and consumer finance. It enables financial service companies to maximize their operational efficiency in business administration and monitoring with a centralized management platform for operational processes and end-to-end management of the lease and asset lifecycle.
About GLC: Global Leasing Company “GLC” was established in Q1 2015 as an Egyptian Joint Stock Company, with an authorized capital of EGP 500MM and Issued Capital of EGP 50MM. GLC is founded by renowned local and international financial institutions, including Wadi Degla Holding and SANAD Fund (a subsidiary of the German BMZ, KFW and the Swiss State Secretariat for Economic Affairs SECO).