What Proxym Group does

Proxym Group is a privately held digital services company founded in 2006 and headquartered in Sousse, Tunisia, with regional offices in Paris (France, 2011), Dubai (UAE, 2015), Cairo (Egypt, 2021), and Doha (Qatar, 2022), plus partner presence in Abidjan (Côte d'Ivoire) serving more than 20 countries across Europe, Africa, and the Middle East. The company operates as a hybrid software editor and digital services provider targeting financial institutions — banks, microfinance institutions, consumer finance companies, and insurance providers — as well as selected government Smart Gov initiatives.

The core product is the proprietary Bankerise digital banking platform (covering retail, corporate, microfinance, and digital lending) and the Insurise insurance platform (life, non-life, and pension), both built on a bimodal low-code architecture supporting Mode 1 operational efficiency and Mode 2 innovation. Supporting modules include Digital Onboarding with AI-powered eKYC, Digital Engage, Digital Branch, and Omnichannel Experience. The technology stack incorporates computer vision for document scanning, predictive analytics for credit scoring, NLP chatbots, anomaly detection for fraud, and agentic AI capabilities launched in 2023 for adaptive credit decisioning. Pre-built integrations include IBM API Connect, VASCO authentication, Apple Pay, and electronic signature solutions.

Proxym monetizes through a quote-based enterprise licensing model combining platform licensing, multi-month implementation services, ongoing support, and fixed-cost managed agile services. The go-to-market relies on direct enterprise field sales through regional offices supplemented by a certified integrator network (e.g., EXCELIS Burkina Faso). Named enterprise clients include UIB (Société Générale Tunisia), QIIB, Dukhan Bank, BforBank (Crédit Agricole), ADIB Egypt, COMAR, Allianz Belgium, GIM UEMOA, Oman Arab Bank, OPEC Fund, BICICI, and CORIS Bank International. Revenue, headcount specifics, and ownership details beyond founder/management control are not publicly disclosed.

Name

Proxym Group

Legal name

Proxym Group

Website

https://proxym-group.com

Company type

Private

Founded year

2006

Operating status

Operating

Headcount range

251–500 employees

Short description

Proxym Group is a privately held digital services company founded in 2006 that builds and implements the proprietary Bankerise banking and Insurise insurance platforms for financial institutions across Europe, Africa, and the Middle East, combining low-code core software with AI-powered onboarding, credit scoring, and managed support services.

Ownership category

akta.pro rank

Headquarters

HQ city

Paris

HQ country

France

HQ region

Europe

Offices6 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Software Platform Licensing (Bankerise & Insurise): Proxym licenses its proprietary Bankerise (banking) and Insurise (insurance) digital engagement platforms to financial institutions. Platforms are customized and deployed per client, covering retail banking, corporate banking, microfinance, and insurance verticals.
2. Implementation Services: Custom-fit deployment and integration services for the digital platform. Includes business process analysis, agile development, testing, and go-live support. Provided by dedicated implementation task force teams.
3. Support Services: Post-deployment support including account setup, bug fixing, incident management, security monitoring, performance optimization, training, and user guides.
4. Managed Agile Services: Ongoing application improvement and cost optimization post-deployment. Includes expert engineering, proactive security/penetration testing, 24/7 monitoring, and maintenance. Fixed-cost support model for predictable budgeting.
5. Training & Certification: Bankerise Foundation Certification program delivered to partners and client teams, covering platform products, deployment strategies, project management, and UI/UX customization.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels9 records

Core offering

Proxym Group develops and licenses its proprietary Bankerise (digital banking) and Insurise (digital insurance) omnichannel engagement platforms to financial institutions across EMEA. The platforms cover retail banking, corporate banking, microfinance, digital lending, life and non-life insurance, and pension use cases, with pre-built modules covering 70-85% of institution needs and low-code customization. The company also delivers accompanying implementation, support, and managed agile services.

Product overview

Proxym Group is a digital services company founded in 2006, operating as a Software Editor and Digital Services Provider targeting financial institutions (banks, microfinance, insurance) and government sectors in Europe, Middle East, and Africa. The company's product portfolio is structured as a unified platform with specialized solutions organized by vertical: the Bankerise platform suite for banking (covering Retail Banking, Corporate Banking, Microfinance, and Digital Lending) and the Insurise platform suite for insurance (covering Life Insurance, Non-Life Insurance, and Pension). Supporting these core verticals are modular components including Digital Onboarding (KYC/ekyc), Omnichannel Experience, Digital Engage, and Digital Branch. The company also provides implementation, support, and managed agile services. All solutions share common capabilities including low-code development, AI-powered document scanning, credit scoring, fraud detection, and omnichannel delivery across web and mobile channels.

Differentiator

Problem solved

Functional benefit

Brands

• Bankerise: Omnichannel digital banking platform covering retail, corporate, and microfinance banking needs. Provides time-to-market solutions for web and mobile channels with over 65 digital banking services. Powers digital engagement for banks across Africa, Europe, and the Middle East.
• Insurise
• Start-U
• Smart Gov

Products and services

• Bankerise Digital Engagement Platform Core omnichannel digital banking platform for financial institutions, built on a low-code Bimodal architecture (Mode 1 operational efficiency, Mode 2 innovation/experimentation) and delivered via web, mobile, and branch channels. For banks, microfinance institutions, and lending companies seeking end-to-end digital transformation.
• Bankerise Retail Banking Digital retail banking solution enabling customer acquisition, account management, loan origination, financial wellness, digital onboarding, loan applications, budget analysis, and real-time account alerts. For retail banks targeting consumer and individual customers.
• Bankerise Corporate Banking Comprehensive business banking solution for SME to corporate segments, including remote digital channel management, company onboarding, loan origination, and corporate customer segmentation. For banks serving SMEs, professionals, and large corporations.
• Bankerise Microfinance Digital microfinance platform designed for microfinance institutions and field agents. Features digital consumer onboarding with eKYC, loan automation, and agent dashboards for field operations supporting financial inclusion.
• Bankerise Digital Lending End-to-end digital lending platform for banks, consumer finance, home finance, microfinance institutions, and credit unions. Covers finance booking, fast approvals, smart banking with credit scoring, and after-sales operations.
• Insurise Life Insurance Core system and digital omnichannel insurance platform for life insurance companies. Covers subscription, policy amendments, claims management, KYC verification, e-signature, and quotes simulation across insurance branches.
• Insurise Non-Life Insurance Digital insurance platform for non-life insurance (auto, health, property). Features claims processing, policy management, and customer self-service portals for property, casualty, health, and auto insurance providers.
• Insurise Pension Digital selfcare platform for pension and social security management, providing seamless digital access for insured individuals and pension plan members.
• Implementation Services Custom-fit implementation services for deploying Bankerise and Insurise solutions. Includes elite task force teams, agile methodology, integration, deployment, and transparent scoping with clear deliverables for financial institution clients.
• Support Services Post-deployment support services including user guides, UI/UX theming materials, product support, account setup, bug fixing, incident management, security monitoring, and training resources for deployed Bankerise and Insurise clients.
• Managed Agile Services Continuous application improvement and cost optimization services post-deployment. Includes expert engineering, penetration testing, proactive security measures, round-the-clock monitoring, and innovative upgrades delivered under a fixed-cost model for predictable budgeting.

Quantifiable outcome

• Time-to-market: Deploy omnichannel banking across web and mobile channels in reduced timeframe vs. custom development
• +5 more outcomes

Named customers16 records

Segments6 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

AI capability11 records

Feature9 records

Partnerships

Four partnerships are on record, tiered core and minor.

• EXCELIS Burkina FasocoreImplementation/ SI/ Consulting Partner · 26 February 2025Proxym Group partnered with EXCELIS Burkina Faso as its certified integrator partner for West Africa. EXCELIS received Bankerise Foundation Certification for 10 of its collaborators. The partnership delivers end-to-end digital banking solutions based on the Bankerise platform, focusing on local market adaptation, integration, and digital transformation support for financial institutions across West Africa.
• IBMcoreTechnology or IntegrationIBM's API Connect platform was integrated at GIM UEMOA for the Interoperability and GIM SWITCH project. Proxym implemented this integration to enable the GIM-SWITCH solution that ensures electronic transaction interoperability across the UEMOA region (routing, settlement, default management).
• Credit Suisse (Fintune)minorStrategic or Co-development PartnerFintune is a Swiss startup spin-off of Credit Suisse. Proxym collaborated with Fintune in spike test mode to develop a B2B MVP — a digital card reader for children's financial education. Proxym developed 3 applications (Kids App, Parents App, Community/Donation Portal) plus backend using agile methodologies with intermediate alpha and beta version deliveries.
• CORIS Bank InternationalcoreStrategic or Co-development PartnerProxym and CORIS Bank International announced a strategic partnership in November 2025 (Casablanca) to redefine the bank of tomorrow. The partnership delivers an end-to-end Bankerise-based digital banking platform covering 11 African countries, enabling CORIS Bank to modernize its services, address interoperability challenges, and reinvent the customer relationship.

Scale indicators6 records

Recent moves10 records

Expansion highlights6 records

Direct peers

• Temenos: Swiss-headquartered global banking software vendor offering core and digital engagement platforms to retail, corporate, and Islamic banks worldwide. Most directly comparable to Proxym as a vertically-focused banking-software vendor selling into banks and microfinance institutions.
• Backbase: Amsterdam-based digital banking engagement platform vendor offering a 'Banker-unified' SaaS layer for retail, SME, and corporate channels. Closest competitor to Proxym's Bankerise digital engagement layer across EMEA.
• Mambu: Berlin-headquartered cloud-native core banking and lending platform serving neobanks, MFIs, and incumbent banks globally. Comparable to Proxym's Bankerise Microfinance and Digital Lending offerings in particular.
• Thought Machine: London-based cloud-native core banking platform vendor whose Vault platform competes with both core and engagement layers at tier-1 banks globally. Represents the next-generation SaaS competitor Proxym may face as banks modernize core systems.
• Sopra Banking Software: European banking-software vendor (part of Sopra Steria) offering core and digital channels primarily to European and African banks. Most comparable European-headquartered competitor with similar EMEA footprint.
• Silverlake Axis: Malaysia-headquartered banking-software vendor specializing in Islamic and conventional banking core systems across Southeast Asia and the Middle East. Comparable to Proxym's Islamic/Sharia-compliant banking expertise in MENA.
• Newgen Software: India-headquartered digital transformation platform vendor serving banks, insurance, and healthcare with content services, BPM, and digital-onboarding solutions. Comparable to Proxym in serving insurance and banking verticals with low-code platform offerings.

Broad incumbents

• Infosys Finacle: Indian IT-services-led banking platform suite offering core, digital channels, lending, and analytics to global banks. Competes with Proxym across MENA and Africa as a broad incumbent with larger delivery footprint.
• Finastra: London-headquartered global banking-software vendor formed from the merger of Misys and D+H, offering core, channels, lending, and treasury solutions to banks worldwide. Broad incumbent competing across the same EMEA accounts as Proxym.
• Oracle Financial Services: Oracle's banking-software division offering core, analytics, and digital-experience suites to large global banks. Represents the mega-vendor consolidation risk Proxym faces as banks move toward single-platform vendors.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/proxymgroup
• Facebookfacebook.com/proxym.digital.services.provider
• LinkedInlinkedin.com/company/proxym
• Instagraminstagram.com/life.proxym

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Proxym Group