BCFC launches lending app in Bahrain powered by Codebase Technologies and Atyaf eSolutions

BCFC’s New App Sahel Launch:
- Bahrain Commercial Facilities Company (BCFC) collaborates with Codebase Technologies and Atyaf eSolutions for its cloud-based credit and lending app, Sahel.
- The partnership was announced in August 2022.
App Features:
- Sahel enables customers to apply for credit cards, virtual cards, loans, and insurance.
- Users can manage repayments, view transaction history, and access other features.
Technology Stack:
- Powered by Codebase’s Digibanc platform.
- Cloud-hosted environment managed by Atyaf eSolutions.
- Utilizes digital onboarding, eKYC, and facial recognition technology.
Partnerships and Industry Presence:
- Codebase Technologies has secured partnerships in the Middle East with entities like Capital Bank of Jordan, Ajman Bank, and Network International.
Strategic Vision:
- BCFC’s CEO, Abdulla Bukhowa, views Sahel as a pivotal milestone in the company’s digital financial services journey in Bahrain.
API Integrations and Agility:
- Cloud technology allows Sahel to leverage third-party API integrations, providing an “unprecedented level of agility,” according to BCFC.
Leadership Recognition:
- Tamer Al Mauge, MENA managing director at Codebase, praises BCFC’s leadership and foresight, positioning them to lead the market and future-proof their innovative capabilities.