ACPAS Signs Multi-Phase Development Deal with Leading Pan-African Finance Group to Launch Customized Lending Solutions

Core Insights - UPAY Inc.'s South African subsidiary, ACPAS, has entered a multi-phase development agreement with a major pan-African financial services group to launch a new digital lending brand in South Africa [1][2] - The partnership is structured to align ACPAS's growth with the lender's expansion in the South African online credit market, with revenue based on transactional income [2][5] - The new platform aims to provide South African consumers with affordable and transparent financing options, promoting responsible lending and financial inclusion [3][4] Scope of Work - The development deal includes custom software tailored for the new digital lender, a cutting-edge online lending website, and enhancements to ACPAS's Loan Management Software [5][6] - Key features of the platform will include streamlined credit origination, digital onboarding, real-time loan management, and scalable backend support for high-volume transactions [6][7] Compliance and Security - ACPAS's integration will adhere to strict compliance protocols and advanced risk management safeguards, aligning with South African regulations and international fintech best practices [4][7] - The platform will also ensure robust data privacy and credit governance standards [7]