Craft Silicon

Craft Silicon is a financial technology company founded in 2000 in Nairobi, Kenya, by Kamal Budhabhatti. It builds core banking and digital finance software for banks, microfinance institutions, and savings cooperatives across Africa, Asia, and other emerging markets, helping them replace legacy systems with configurable digital platforms.

Its flagship suite, Bankers Realm, is a web-based core banking system covering account management, loan origination, mobile and internet banking, and agency banking, complemented by microfinance, gold-loan, and analytics modules. The company reports more than 350 client institutions across around 30 countries, operating from offices in Nairobi and Bangalore.

1. Core banking: Bankers Realm manages accounts, deposits, and general ledger for banks and microfinance institutions.

2. Loan origination: Dedicated modules cover microfinance, gold, MSME, and vehicle loan workflows end to end.

3. Digital channels: Mobile banking, internet banking, and social media banking apps extend services to customers.

4. Agency banking: Bank agents can open accounts and process transactions through a dedicated agency module.

5. Open API core: A configurable open-API core banking option supports integration with third-party fintech apps.

6. Analytics and scoring: Built-in analytics and a credit scoring engine support lending decisions.