bincom logo august 2013.png
2nd floor, 21 araromi street, Onikan, Lagos, Nigeria
21 Araromi Street Lagos Lagos NG

Bincom ICT Solutions is a fast growing Information Communication Technology (ICT) Solutions Corporation .

Founded in 2006 , with a core in web and emerging technologies , Bincom has since grown and developed expertise in various complex areas of ICT , and is fast becoming Nigeria’s leading ICT firm providing cutting edge Technology Solutions.

As one of its products, Bincom has implemented an End to end lending platform called Social Lender which is licensed to financial institutions.

Social Lender is a lending solution based on social reputation on mobile, online and social media platforms.

The solution is designed to bridge the gap of immediate fund access for people with limited access to formal credit. Social Lender uses its own proprietary algorithm to perform a social audit of the user on social media, online and other related platforms and gives a Social Reputation Score to each user. Loans are guaranteed by the user’s social profile and network allowing users to then borrow from banks and other financial institutions based on their social reputation.

Type of Partner
Deployment Partner
Primary Contact
Israel Imasuen
Number of Customers
40 customers
Active Member of the Community Since:
February 21, 2017
Regions Served
Africa - Central
Social Mission

Over 50% of adult Africans lack access to formal credit. Part of the challenges is the lack of technology tools to solve this huge problem. Bincom ICT is poised to delivering products and services to meet this need.

Services Offered

Implementation of the solution for Financial Institutions
Customization for growth and High availability
Support & Maintenance

Deployment Partner Services
Implementation Services, Localization & Custom Development, Systems Integration, Reports Development
Platform Solution Services
Product/Solution Development on Mifos X platform (branded solutions), Integration of existing product with Mifos X platform , Custom app or module development on Mifos X platform
Size of the Team
25 employees
Team Description

Our team consists of experienced individuals who possess vast knowledge and expertise in various aspects of computing. Our experts are renowned professionals in their respective areas of specialization including but not limited to various Software Development, ICT Service Management, Project Management , Social Media , Mobile , ICT Community, Strategy and Management.

Areas of Expertise

ICT and Software Consulting

Relevant Industry Experience

Social Lender with Sterling Bank
Social Lender with ABSA (South Africa)
GTBank Mobile Web
Access Bank – My Access Community

Customers Being Supported

Social Lender

History with the Mifos Community

Recently joined the Mifos Community. We are currently partners of OEMS like Oracle and SAP partners and believe Mifos would be a great partnership in exploring some of our financial sector objectives.

Future Goals & Strategy for Mifos

Deployment for Financial Institutions in Nigeria
Training of Users and Developers
Building of Custom solutions on top of Mifos

bincom logo august 2013.png 7 years ago
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