WSO2Con2024 - Unleashing the Financial Potential of 13 Million People

WSO2Con2024 - Unleashing the Financial Potential of 13 Million People

1. Unleashing the
financial potential
of 13m people
Dieter Botha, CTO

2. `

South Africa
First flagship digital bank
52% underbanked
94% smartphone
adoption
~28median age (years)

Singapore
Headquarters

Vietnam
Tech and product
development hub
2

Philippines
Second digital bank
78% underbanked
65% smartphone
adoption
~26median age (years)
Sources: Company information, Fitch, World Bank, Euromonitor
Footnote: (1) Includes South Africa, and the Philippines.
Launched in Feb 2019
Launched in Oct 2022
Multi-country digital banking for emerging markets
Regulated bank by
South African Reserve Bank
Regulated bank by
Bangko Sentral ng Pilipinas
9.5m
customers
3.5m
customers

Vietnam
Potential third bank
Through a JV
retail customers
~13m
~450k
new customers
per month

~73%
30-day
activity rate
1

3. `

South Africa
First flagship digital bank

SILO - Singapore
Data isolation
Performance
Compliance

POOL – Frankfurt
Shared systems
Less latency sensitive

3

Philippines
Second digital bank
Sources: Company information, Fitch, World Bank, Euromonitor
Footnote: (1) Includes South Africa, and the Philippines.

Vietnam
Potential third bank
Through a JV

Vietnam
Tech and product
development hub

SILO - Ireland
Data isolation
Performance
Compliance
Single Source Code – deployed into Silo or Pool

4. An account and free VISA debit card in under 5 minutes
4

5. Trust

6. The front door …
6

7. 77
??????
~1.7bn
Requests per month
??????
~630
Requests per second
??????
Channels 22m
Requests per day

GW 3 x EC2 R5.xlarge
IS 3 x EC2 R5.2xlarge
App Login
P90: 351 ms
P95: 385 ms
P99: 477 ms
??????
Managed
Service
??????
~408m
Requests per month
??????
~165
Requests per second

8. Part of Tyme Group
Platforms
Strictly confidential. All Rights Reserved. 8
Flow and Feature Teams
Business
Value
increment
Product Feedback loop


Product
Release
Release
Technology Run

Platform Priorities
(Feature, Risk, Bugs, Tech)
Product
Owner
DEV SIT UAT
Growth Loops
Config & Operate

Customer Experience

Bank Teams
Partners
Production
investment mode
Feature
Team(s)
Development
Work
ASSERTIVE
dependency
Delivery Feedback loop
New Strategies
Business value sooner safer happier
Runways
Must front-run features
Common
Services

9. Where to from here with WSO2?
9
Open Banking API
Reduce Customer Friction
Business Banking
Continue Next Country Aspirations