Common Use Cases

Unleash your organization's full capacity as we handle your complex front-to-back financial operations. At Woodcore, our focus is to enable you to build financial services with more prospects and less cost. Whether you are building a digital bank, fintech, or any other financial and non-financial institution, there are multiple ways you can use Woodcore to power your financial operations.

Let's explore!

Financial institution 🏢

Our software was built to help financial institutions achieve new abilities. We understand financial institutions need more flexible, faster and reusable banking processes to promote growth and expand their customer base.

Woodcore introduces more efficient processes and launches new products to help you improve your customer experience.

Financial institutions can leverage Woodcore’s API for its back-office operations. At our core, we handle:

• Customer's accounts and portfolios creation
• Savings account creation, and fixed deposit creation
• Loan creation and management
• Interbank transfers
• Card processing and other extensive features that would help you scale.

Woodcore also provides you with a friendly user interface where your products can be configured, customer portfolios can be viewed and managed, and other operational activities can be carried out on the user interface for an end-to-end banking experience.

As your needs grow, so do our product offerings!!

Payment gateway 💰

Build a seamless payment gateway for your customers to make payments whenever and wherever with Woodcore. Woodcore provides payment solutions that offer end-to-end payment lifecycle and processes. We serve as the primary engine for processing deposits from third-party and making the appropriate journal entries to ensure that the closing and opening balances on all the merchant's accounts are accurate.

You can easily integrate your digital bank, microfinance banks and other non-financial institutions to our payments platform to help you provide an efficient payment solution for your customers and manage their incoming and outgoing payments through the online console.

Meet your customer's financial services needs

• Build on an innovative and scalable system with a user-friendly design and well-defined APIs that smoothly integrate.
• Comprehensive support for traditional products like credit transfers, and direct debits.
• Increase transparency and enhance operational efficiency.

Non-financial Institutions 🏢

Reduce the financial complexity of running your business and focus on the core of your product.

At Woodcore, we have been able to factor in the needs of non-financial institutions that would like to add digital wallets or integrate other financial offers into their products. Therefore, whether you are an insurance company, venture capitalist, a loan organization, etc., we will keep your technology running, allowing you to focus on your product. Woodcore is able to cover these types of organizations end-to-end with services ranging from:

• Digital wallet payment systems
• Technical support
• Loan payouts
• Back-house operations and more.

Global payment 🌐

We are focused on providing a modern core banking and financial platform for a digital world. Our global payment platform provides flexible and innovative solutions for businesses supporting a wide range of products and services.

Run your global payment solution with Woodcore while all your third-party integrations will be seamlessly integrated. Everything you need to function globally, from cards to accounts, Woodcore provides you with a platform that can speak to every solution you use easily.

Woodcore promotes the digital transformation of conventional enterprises by eliminating the limits of legacy technology and supporting their drive to participate in the broader ecosystem powered by our vast catalog of APIs.

Fintechs & Neo Banks 💰

Technology has transformed the nature of the banking industry to the extent that physical barriers have been dissolved and new potentials are enabled.

Woodcore SaaS cloud banking system gives fintech and neo-banks access to the right set of tools to support the evolving demands of the fintech industry. By leveraging on Woodcore, fintechs are able to go to market faster while still having a robust set of features that they need to compete in the market today.

Integrate our APIs to gain access to a wide range of services, such as:

• Customer onboarding.
• Customer account creation and management.
• Loan management.
• Ledgers and tellers management.
• Intra-bank transfers etc.

Your digital banks can leverage our technology to offer 24-hour service to your customers regardless of their location.

Loan-life Cycle Management

• Verify Borrower's Assets Digitally - Woodcore's engine provides you with a consolidated report on a borrower's assets including current account balance, loan history, and account identity verification.

• Check Borrower's Account In Real-time - You can also get access to the borrower's account details in real-time to check whether they have funds to perform a transfer or request loans.