PAYMENT SOLUTIONS INTERNATIONAL LIMITED is a public company incorporated under the laws of the republic of South Africa with an issued share capital of 100 000 000 no par value ordinary shares and 1000 000 000 Preference Shares.
PSI has three core fintech businesses structured around its product offerings, arranged into operationally efficient business units in each of the markets it operates in.
These are the PSI Affordability and Deduction Management Platform (ADMP), PSI Loan Administration Platform (LAP) and PSI Loan Investment Fund (PSII).
PSI AFFORDABILITY AND DEDUCTION MANAGEMENT PLATFORM (ADMP)
PSI owns and operates, through its PSI Operational Subsidiaries in each country, the ADMP and contracts it’s services to governmental and large corporate employers and financial services providers.
PSI LOAN ADMINISTRATION PLATFORM (LAP)
LAP licenses technology to financial services providers that enables them to manage loan processing, loan book management and administration and earns revenue on every loan application processed by the financial services provider.
PSI LOAN INVESTMENT FUND (PSII)
As not all consumers have the same risk profile, PSII, a business unit of PSI, establishes relationships with independent licensed financial services providers. These providers agree to exclusively utilize the ADMP and LAP platforms & credit scoring methodologies to fairly assess consumers based on their affordability metrics. The providers then offer customized funding solutions and provide preferential credit guarantees to lenders in exchange for lower interest rates to consumers.