YSys for FinTech & Smart Humanitarian Solutions was initiated in Yemen as an initiative of Yemen Kuwait Bank, National Cash Transfer Co. (YCASH) and YFoundation to address the financial services needs in country mainly at the current time of Yemen humanitarian context. In order to accelerate its launch and expose its solutions, YSys was registered in Egypt with YSYS aims to address these needs through sustainable solutions in inclusive methodology with technology. The Weak Financial Inclusion is a wider core issue which is also rooted by scattered communities, low number of FIs branches and financial literacy. The coverage of current financial services providers is critically limited (cover 10% of the communities); more than 132000 communities (population groups) in country with 2350 cash transfer points, banks and banks branches; almost 35% of these providers POSs (branches and agents) are located in Sana’a. In addition, there are more than 5 million Yemeni diasporas whose remittan...
YSys for FinTech & Smart Humanitarian Solutions was initiated in Yemen as an initiative of Yemen Kuwait Bank, National Cash Transfer Co. (YCASH) and YFoundation to address the financial services needs in country mainly at the current time of Yemen humanitarian context. In order to accelerate its launch and expose its solutions, YSys was registered in Egypt with YSYS aims to address these needs through sustainable solutions in inclusive methodology with technology. The Weak Financial Inclusion is a wider core issue which is also rooted by scattered communities, low number of FIs branches and financial literacy. The coverage of current financial services providers is critically limited (cover 10% of the communities); more than 132000 communities (population groups) in country with 2350 cash transfer points, banks and banks branches; almost 35% of these providers POSs (branches and agents) are located in Sana’a. In addition, there are more than 5 million Yemeni diasporas whose remittance are major source of economic activities for Yemen. The current financial systems are rated as classical and unconnected with the current financial systems, weak network and power cuts and unmet needs while widespread of devices and equipment. The current financial systems used in the sector are in the lowest rate of performance.
YSys vision is "To be a lead in FinTech and SMART Humanitarian Solutions."
YSys mission is "To develop quality FinTech & SMART Humanitarian Solutions to serve as a long-term solution for the Financial service providers’ and NGOs' needs."

YSys mandate is to provide solitions for FIs and Humanitarian Actors/agencies. So YSys focus is on:
1. FinTech Solutions: YSys is developing different FinTech solutions including payment gatway, e-wallets, open banking solutions, bots, CRM, KYC systems, risks management system, microfinance platform, e-commerce solutions, ...etc.
2. Smart Humanitarian Solutions: YSys is developing different solutions to assist the humanitarian and development agencies. These solutions include NGOS ERP, mobile team app, Humanitarian Bot, beneficiaries management system, CRM, survey builder platform, ...etc.

YSys has high qualified team whose backgrounds are diverisified in IT and businesses management.
More information

Advisors

Hamdi Yaseen
Admin

Employees

Mohanad Ali
Admin
Mohanad Ali Managing partner a banker and businessman and strategies development with a degree in finance management
Hamdi Yaseen
Admin
Hamdi Yaseen
Afnan Al Banna
Admin
Afnan Al Banna