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Launch of “Kachasi”: towards trade finance in Nigeria

18/01/2023
Source : ORISHAS FINANCE
Categories: Sectors

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On Tuesday, January 17, 2023, Union Systems Limited (USL) announced that the Nigerian commercial bank, Wema Bank Limited launched its “Kachasi” trade finance software. USL is an African trade finance company based in Lagos (Nigeria).

“Kachasi” is a first-class tool that aims to help the bank facilitate its trade finance operations in Africa and around the world. It is the first indigenous trade finance software application. It is the result of several years of research focused on international implementation.

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