FO ForusBanking, fintech & insurance · Saudi Arabia
Forus: business finance and investment platform
A bilingual Arabic and English platform in Saudi Arabia that connects businesses looking for finance with investors, with separate journeys for beneficiaries and investors.
Typical features
What a product like this includes.
Core capabilities of products like Forus, from our Loan Lending App. The exact scope is agreed for every project. See the Loan Lending App
- 01
Origination
- Loan calculator
- Digital application
- eKYC
- Document upload
- 02
Decisioning
- Rules and scorecards
- Credit bureau checks
- Affordability
- Manual review
- 03
Contracts
- Offer letters
- E-signature
- Fees and interest
- Insurance add-ons
- 04
Servicing
- Disbursement
- Repayment schedules
- Auto-debit and wallet repayments
- Early settlement
- 05
Collections
- Reminders
- Arrears buckets
- Collector workflows
- Promises to pay
- 06
Reports
- Portfolio at risk
- Approval rate
- Disbursements
- Collections performance
Industry context
What we design for in banking, fintech & insurance.
The constraints every product in this sector has to handle. Banking, fintech & insurance
- 01
The challenge
Money has to reconcile
Balances drift across apps, gateways, banks and partners, and finance teams spend days matching them.
How we design for it
Ledger-first design: every movement is posted as balanced double entries and reconciled daily against banks and partners.
- 02
The challenge
Regulation shapes the product
KYC, AML monitoring and audit trails get bolted on late, delaying launches and approvals.
How we design for it
Tiered KYC, sanctions screening, maker-checker approvals and full audit logs are designed in from the first sprint.
- 03
The challenge
Local payment rails in every market
Each country brings its own gateways, switches, mobile money and settlement rules.
How we design for it
Integration experience from Hyperpay, MADA and SADAD in the GCC to MTN MoMo, Airtel Money and PayFast in Africa, behind a clean payments layer you can extend.
Technology
How it is built.
The technologies used to build and run this product.
Technologies used
- Next.js
- Arabic RTL
How we deliver
How we deliver projects like this.
One accountable team from discovery to launch and beyond, with a clear plan, weekly demos and support after go-live.
-
Step 01
Listen
We start with your goals, your users and the systems you already have.
A clear brief we both agree on
-
Step 02
Plan
We agree the team, the scope and the milestones, in writing.
A written plan and quote
-
Step 03
Build
Short sprints with a demo every week or two, so you see real progress.
Working software you can try
-
Step 04
Launch
We test, release and keep a close eye on everything once it is live.
A live, monitored product
-
Step 05
Grow
We stay on to fix, improve and grow the product alongside you.
Steady improvements, release after release
Choose how we work together
Switch models as your needs change. Many clients start with one and move to another.
Fixed scope
You know what you need. We agree the scope, timeline and price before we start.
Best for: Well-defined projectsDedicated team
Developers who work only on your product, as part of your team, for as long as you need them.
Best for: Products that keep growingTime and materials
Pay for the hours worked and change priorities whenever your plans change.
Best for: Ideas that are still taking shape
Solutions and services
Want something like this?
Start from the ready-built platform behind this project, or work with the team and services that built it.
- Ready-built solutionLoan Lending AppA borrower app, a credit workspace and loan management for licensed lenders: applications, KYC, credit scoring, approvals, e-signature, disbursement, repayments…Explore the solution
- Ready-built solutionDigital Wallet PlatformLaunch a branded e-wallet for consumers, merchants and agents: top-ups, P2P transfers, QR payments, bill payments and cash-in/out, running on…Explore the solution
Services behind this work
More in Banking, fintech & insurance
