Bazara Tech Launches Manovar, an AI-Powered Platform Set to Redefine Corporate Banking Across Africa

Bazara Tech Inc., one of Africa’s rising AI-driven fintech innovators, has unveiled Manovar, a next-generation corporate banking platform designed to transform how financial institutions serve enterprise clients. The company announced the launch this week, describing the platform as a major leap forward in the evolution of corporate banking technology, introducing deep systems integration, intelligent automation, and real-time analytics aimed at eliminating long-standing industry bottlenecks.

According to Bazara Tech, Manovar was developed to address a critical challenge in corporate banking: fragmented systems and heavy reliance on manual processes. The platform consolidates multiple workflows into a unified, intelligent interface, enabling institutions to deliver faster, more secure, and more connected services to their corporate customers.

What began as a sketch on a whiteboard has now matured into a production-grade solution already deployed by two leading commercial banks operating across Africa. The platform was developed through extensive collaboration with institutional partners and informed by insights from corporate banking clients, allowing it to scale seamlessly across diverse markets.

Co-founder and CPTO, Tunji Odumuboni, said the platform embodies the company’s vision for the future of financial services. “Manovar reflects our vision for the future of financial services intelligent, connected, and real-time,” he said. “This is not just another software product—it’s a strategic enabler for modern financial institutions.”

For years, many banks have struggled with disjointed applications and labor-intensive workflows that hamper efficiency. Bazara Tech says Manovar resolves these issues by offering real-time visibility into global liquidity, digitized user journeys, configurable approval workflows, enterprise-level self-service controls, and AI-powered risk and fraud alerts. The platform is available both as a SaaS and on-premise solution, giving banks flexibility to meet regulatory and operational requirements.

The company added that the launch represents more than just a technological accomplishment but a demonstration of what is possible when financial institutions and fintech innovators collaborate to address systemic challenges. Lanre Akomolafe, Head of Products at Bazara Tech, said the initiative underscores the power of collective innovation. “This launch is proof that innovation thrives when collaboration replaces tradition,” he said.

With Manovar now officially introduced to the market, Bazara Tech is turning its focus toward regional expansion, targeting key markets across Africa, the UK, and the GCC region. The company aims to partner with forward-thinking financial institutions seeking to drive efficiency and unlock new value through technology-driven transformation.

Founder and CEO, Boye Ademola, described the launch as a defining moment in Bazara Tech’s mission to accelerate financial innovation. “Manovar represents the next chapter in our journey to help financial institutions move faster, serve smarter, and operate with greater clarity,” he said. “We are just getting started, and we invite institutions ready to shape the future of financial services to join us.”