Digital banking software in Tanzania
Sika is core banking infrastructure built for Tanzanian community banks, microfinance providers, and SACCOS. A white-label core banking platform with a real double-entry ledger, NIDA National ID KYC, digital lending, and mobile money. Ghana is our launch market. We open each new country when an anchor institution is ready to go live there.
Built for the Tanzanian market
Tanzania runs on mobile money. M-Pesa, Mixx by Yas, Airtel Money, and HaloPesa carry everyday savings and payments, and the Bank of Tanzania’s TIPS instant payment system links wallets and banks. A core platform here has to collect and reconcile mobile money as a first-class rail, which Sika already does in Ghana.
The Microfinance Act of 2018 sets four tiers: deposit-taking microfinance banks and non-deposit-taking providers licensed by the Bank of Tanzania, SACCOS supervised by the cooperative regulator, and community groups such as VICOBA. VICOBA and SACCOS mirror the susu and group-savings model Sika already runs natively in Ghana.
KYC in Tanzania centres on the NIDA National ID. Sika’s national-ID layer is pluggable per country, so a Tanzanian deployment can verify NIDA numbers the same way a Ghanaian one verifies the Ghana Card. The platform is built for more than one country from day one.
Bank of Tanzania (BoT)
Sika already runs tiered KYC, AML and sanctions screening, maker-checker segregation of duties, immutable audit logs, and reporting. Before going live in Tanzania, we confirm the full BoT requirements with our first partner institution.
- Commercial bank
- Community bank
- Microfinance bank (Tier 1)
- Microfinance service provider (Tier 2)
- SACCOS (Tier 3)
Payment rails in Tanzania
Mobile money, card, and bank transfer are first-class rails, posting to an idempotent, conserving ledger so balances never drift.
- M-Pesa
- Mixx by Yas
- Airtel Money
- HaloPesa
Help decide where Sika goes next
Ghana is our launch market. Register your interest to bring Sika to your Tanzanian bank, MFI, or SACCO.
Everything a Tanzanian institution needs
One platform for retail banking, commercial banking, digital lending, mobile money, KYC/AML, and fraud, on a single audited core banking ledger.
Core banking ledger
Double-entry, idempotent, atomic money movement with reconciliation.
Tiered KYC & e-KYC
NIDA National ID (NIN) verification, AML and sanctions screening.
Digital lending
Origination, maker-checker underwriting, repayment schedules.
Mobile money
Collection & reconciliation across M-Pesa, Mixx by Yas, Airtel Money, HaloPesa.
Savings & current accounts
Retail and commercial deposit products, standing orders.
Fraud, audit & compliance
Velocity rules, immutable audit logs, regulator reporting.
Who runs on Sika in Tanzania
Transparent pricing in Tanzania
Subscription pricing quoted for the Tanzanian market, with a Launch tier for small institutions up to enterprise deployments. No multi-year licence. See full pricing.
Digital banking in Tanzania: FAQ
What is the best core banking platform for a microfinance institution in Tanzania?
Sika Digital Banking Infrastructure is a white-label core banking platform suited to community banks, microfinance providers, and SACCOS: a double-entry ledger, national-ID KYC, group savings, and digital lending. Sika is live in Ghana first. We open Tanzania when an anchor institution is ready to go live there.
Does Sika support M-Pesa and other Tanzanian mobile money?
Sika’s mobile-money layer already collects, disburses, and reconciles MoMo in Ghana on an idempotent, atomic ledger. M-Pesa, Mixx by Yas, Airtel Money, and HaloPesa plug into the same layer, and those connections go live with our first Tanzanian partner institution.
How much does core banking software cost in Tanzania?
Sika uses transparent monthly subscription pricing with modular add-ons, from a Launch tier for small institutions up to enterprise deployments. There is no multi-year licence or large upfront implementation fee. Pricing for Tanzania is quoted in shillings when the market opens.
When is Sika available in Tanzania?
Ghana is our launch market. We open each new country when an anchor institution is ready to go live there. Sika is already built to adapt: currency, phone formats, national-ID verification, and mobile-money rails plug in per country. Register your interest to help decide where Sika goes next.
Launch your institution on Sika
From application to your own branded core banking, live in weeks, not years.