What Integrated Software Services does

Integrated Software Services Ltd (ISSL) is a Lagos, Nigeria-based private fintech software provider founded in 2004, operating from Suru-lere with a headcount of 11-50 staff. The company delivers a six-product portfolio — IntegraBanking (flagship core banking engine for SME banks and finance companies), BankEasy (omni-channel digital banking with mobile, web, and USSD), GRC Suite (governance, risk, and compliance tooling), OneBook (IPSAS-compliant public sector accounting), BioScribe (multi-modal biometric identity management), and ISSLServ (IaaS, private cloud, and disaster recovery). Products are built on a cloud-native, API-first Web 2.0 architecture with enterprise-grade encryption and integrate with core Nigerian payment rails (NIBSS, InterSwitch, RTGS) and global networks (SWIFT), alongside credit bureaus and KYC providers.

ISSL targets banks, finance companies, state and local governments, healthcare, and law enforcement across West Africa through a direct enterprise sales motion with 'Request Demo' and 'Request Quote' CTAs. Revenue is generated via three streams: software licensing and subscriptions for the banking product suite, usage-based pay-per-use billing for ISSLServ cloud and hosting services, and professional services for implementation, training, and long-term support. Pricing is quote-based and not publicly disclosed.

The company cites 30+ years of financial engineering experience and a proprietary iWay delivery methodology (Plan-Develop-Deliver) as differentiators, supported by named customer-base metrics of 50+ banks on BankEasy and 'dozens' of financial institutions on IntegraBanking. Ownership remains private and management/founder-controlled, with no disclosed external funding, M&A activity, or institutional investment. Leadership includes Chairman Dr. Dade Sadare, MD/CEO Mr. Yinka Oluwasanmi, and Board Member Mr. Abimbola Ekujumi.

Name

Integrated Software Services

Legal name

Integrated Software Services Ltd

Website

https://isslng.com

Company type

Private

Founded year

2004

Operating status

Operating

Headcount range

11–50 employees

Short description

Integrated Software Services Ltd (ISSL) is a Lagos-based fintech software provider delivering core banking, digital banking, GRC, IPSAS-compliant public sector accounting, biometric identity management, and cloud hosting solutions to banks, finance companies, and government agencies in West Africa.

Ownership category

akta.pro rank

Product category

Core Banking Software

NAICS

Software Publishers (5132), Computer Systems Design and Related Services (54151)

SIC

Services-Prepackaged Software (7372), Services-Computer Integrated Systems Design (7373), Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

BaaS Platforms & Sponsor Bank Enablement (FSAGALAA)

akta.pro secondary industry

Risk, Compliance & Controls for Embedded Finance (KYB/KYC/AML, Fraud, Disputes) (FSAGALAK)

Keywords

• Core banking software
• Digital banking platform
• Biometric identity management
• Public sector accounting
• Cloud hosting services

Headquarters

HQ city

Suru-lere

HQ country

Nigeria

HQ region

Africa

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Software Licensing & Subscriptions: ISSL generates revenue primarily through licensing their suite of banking software products including IntegraBanking, BankEasy, GRC Suite, OneBook, and BioScribe to financial institutions and government organizations.
2. Cloud & Hosting Services: Revenue from ISSLServ hosting and cloud computing services including IaaS, private cloud, disaster recovery, and managed security services with pay-per-use billing model.
3. Professional Services: Implementation, training, and long-term support services provided alongside software deployment.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels2 records

Core offering

Integrated Software Services Ltd (ISSL) develops and sells enterprise fintech software solutions for banks, finance companies, and public sector organizations. Its portfolio spans a core banking engine (IntegraBanking), an omnichannel digital banking platform (BankEasy), a governance/risk/compliance suite, IPSAS-compliant public sector accounting software, biometric identity management, and cloud/hosting services. The company operates as an independent, privately held Nigerian software vendor serving regulated financial and government customers.

Product overview

Integrated Software Services Ltd (ISSL) offers a unified portfolio of fintech solutions comprising six core products: IntegraBanking serves as the flagship core banking engine for small-to-medium banks; BankEasy provides omni-channel digital banking across mobile, web, and USSD channels; the GRC Suite delivers integrated governance, risk, and compliance management; OneBook addresses public sector accounting with IPSAS compliance; BioScribe offers multi-modal biometric identity management; and ISSLServ provides SME banking solutions with cloud hosting infrastructure. These products are designed to interoperate within the financial services ecosystem.

Differentiator

Problem solved

Functional benefit

Brands

• IntegraBanking: Comprehensive core banking engine designed for large-scale financial enterprises with end-to-end banking capabilities.
• BankEasy
• GRC Suite
• OneBook
• BioScribe
• ISSLServ

Products and services

• IntegraBanking

Quantifiable outcome

• 30% Cost Reduction
• +3 more outcomes

Named customers4 records

Segments6 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration8 records

Feature7 records

Partnerships

Six partnerships are on record, tiered core.

• NIBSScoreTechnology or IntegrationNIBSS (Nigerian Interbank Settlement Scheme) integration enabling instant domestic transfers and payment processing through BankEasy platform. Real-time payment connectivity for Nigerian financial institutions.
• InterSwitchcoreTechnology or IntegrationInterSwitch integration for seamless payment processing and transaction handling across the Nigerian payment ecosystem. Powers digital payment experiences on BankEasy platform.
• RTGScoreTechnology or IntegrationReal-Time Gross Settlement integration enabling immediate fund transfers for BankEasy corporate banking customers.
• SWIFTcoreTechnology or IntegrationSWIFT network integration enabling international payment messaging and cross-border transaction capabilities for global financial operations.
• Credit BureauscoreTechnology or IntegrationCredit bureau integration for loan origination and credit scoring within IntegraBanking platform, enabling automated credit assessment and risk management.
• KYC Verification ProviderscoreTechnology or IntegrationKYC verification integration within IntegraBanking for customer identity verification and regulatory compliance in account onboarding.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Interswitch: Nigerian digital payments and commerce platform with deep integration across local bank infrastructure. Comparable as a domestic fintech infrastructure peer and a current integration partner of ISSL.
• Oracle Financial Services (FLEXCUBE): Major incumbent core banking and digital banking platform (FLEXCUBE) used by banks in Africa and globally. Competes with ISSL across core, digital, and analytics banking.
• Temenos: Global leader in core banking software (T24/Transact) with a significant African customer base. Directly competes with IntegraBanking but offers a much broader product portfolio and global R&D scale.
• Infosys Finacle: Established core banking and digital banking suite deployed across emerging markets including Africa. Comparable in core and digital banking but with much larger scale and partner ecosystem.
• Idemia: Global leader in biometric identity and authentication, directly comparable to ISSL's BioScribe for KYC, national-ID, and secure transaction use cases across banking and government.

Regional players

• Network International: Payment solutions provider serving banks and merchants across the Middle East and Africa, overlapping with ISSL's payment-rail integrations (NIBSS, SWIFT, RTGS) and target bank customers.

Direct peers

• SystemSpecs: Leading Nigerian fintech behind Remita, providing payment and banking infrastructure to Nigerian banks and government. Comparable as a domestic fintech software peer serving the same financial ecosystem.
• Appzone: Nigeria/Africa-focused fintech software provider offering core banking, digital banking, and payment platforms to banks and finance companies, directly comparable to ISSL's IntegraBanking and BankEasy.
• BPC Banking Technologies: Provider of core banking, digital banking, and payment solutions targeted at banks in emerging markets including Africa. Closely aligned with ISSL's customer segment and product scope.

Emerging players

• FinTrU Software: Africa-focused core and digital banking software vendor serving microfinance and SME banks, comparable to ISSL's IntegraBanking target segment of small to medium-sized financial institutions.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/isslng

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 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 Integrated Software Services