Bazara Tech Inc. has announced the launch of Manovar, an AI-powered channel banking and asset management platform built to support corporate banking operations across Africa. The company says the platform was created to help financial institutions manage corporate clients through integrated systems, automated processes and real-time data insight.
According to Bazara Tech, many banks still rely on disconnected applications and manual tasks that slow down corporate transactions and create gaps in oversight. Manovar brings key workflows into a single environment that allows institutions to deliver faster and more coordinated services. The platform provides visibility into liquidity positions, supports end-to-end digital journeys, offers configurable approval flows, enables self-service options for corporate users and issues AI-driven alerts for risks and fraud attempts. It is available as both a SaaS and on-premise solution, giving banks the flexibility to meet regulatory and operational demands.
Bazara Tech explained that the development of Manovar began as a simple whiteboard sketch before evolving into a full-scale platform now in use by two commercial banks with operations across Africa. The company noted that the build process took shape through continuous collaboration with institutional partners, engineers, product teams and corporate users who provided insight into daily challenges within corporate banking. This joint approach, Bazara Tech says, helped ensure that the platform aligns with real industry needs rather than theoretical assumptions.
“Manovar reflects our vision for the future of financial services—intelligent, connected, and real-time,” said Tunji Odumuboni, Co-founder and CPTO of Bazara Tech. He stated that the company worked closely with banks and enterprises to design a system that supports long-term operational planning and daily transaction needs. In his view, Manovar is not simply another software release but a strategic tool that can influence how banks operate in a rapidly changing financial environment.
Lanre Akomolafe, Head of Products at Bazara Tech, described the launch as a demonstration of what can happen when financial institutions and technology teams choose collaboration over tradition. He said the process involved coordinated work across engineering, design and product management, with each team contributing to a platform intended to reduce the friction that has long defined corporate banking processes.
With Manovar now in the market, Bazara Tech plans to extend its reach into new regions, including key markets in Africa, the United Kingdom and the GCC. The company says it aims to work with institutions seeking technology that strengthens service delivery, supports compliance and improves clarity around corporate operations. Founder and CEO Boye Ademola stated that Manovar marks the next chapter in the company’s goal to help financial institutions operate with more structure and speed. He added that the company is open to partnering with institutions looking to shape the future of financial services.
Bazara Tech Inc. describes itself as an AI-first product company focused on building platforms for financial institutions and enterprises. Alongside Manovar, the company also provides software engineering and systems integration services designed to support enterprise innovation and deployment.
