Who We Serve
CLIENTS OF OUR BANKS
FSE Banks target exclusively unbanked and under-banked low income population and they fall into various categories and play primarily in the informal economy including:
Traders
Farmers
Artisans
Micro-processors
Service providers –transportation, masonry
ECOSYTEM PARTNERS OF OUR BANKS
FSE Banks’ unique operating model include leveraging rails of ecosytem partners to acquire and on-board customers as well as process, distribute and deliver products to them. This enables FSE to deliver services and operate at scale over a large network with high degree of efficiency and overcoming boundaries of time, space and geographical distance.
FSE Banks’ key ecosystem’s partners include and Banks to and . These include business firms, government organizations and not-for-profit development organisations which require support - consultancy, advisory, research and investment partnership- to implement their strategy, programs and mandates in developing countries.
Telcos
Fintechs
Governments
DFIs and NGOS
OUR MARKETS
FSE Holdings is focused on setting up banks (FSE Banks) in over 30 countries in sub-Sahara Africa in the long term (10 years) while the goal is to reach 10 countries in the short to medium term (5 years). Given the ambition to operate across a large number of multiple countries the plan is for the countries to be clustered along regional lines according to national economic realities, regulatory, geographic and other affinities - Nigeria, Rest of Anglophone West Africa, Francophone west and Central Africa, East and Southern Africa.
Nigeria
Adult Population: 104 million
Financial exclusion: 63 million
Rest of Anglophone West Africa
Adult Population: 31 million
Financial exclusion: 18 million
Francophone West and Central Africa
Adult Population: 133 million
Financial exclusion: 90 million
East and Southern Africa
Adult Population: 420 million
Financial exclusion: 210 million
