We are

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Sanctum provides a service to banks, telecoms, and fintechs enabling them to provide financial inclusion to the unbankable.

About

Our Company Sanctum LLC

Sanctum houses the team,
technology, and processes that
produced the world’s best
financial inclusion service.

SANCTUM IN NUMBERS

The number statement of our achievements and journey

0 +
Million
Customers
0 +
Million annual Transactions
0 +
Years of experience
0
Bank
partners
0 +
Billion USD
annual flows

MILESTONES

2007
Entered the biometric payment space
2010

Proprietary system started

2015
Created our own biometric payment system with additional modules
2018

10 million
card
holders on the System

2019
Quadruple profits with Microlending module Netting 100 Million USD per year
2020
Added automated compliance module
2021
Created the US company for international expansion

OUR ROLES IN THE FINANCIAL ECOYSYSTEM

Issuing Bank

Takes deposits ( debits ), Card printing, issuing, card sales

Scheme

Sets rules for issuance, acceptance, logo/branding and instructs processing

Acquirer Bank

Hold merchants accounts, debits/credits, based on instructions from acquirer services

Settlement

Debits/credits issuer and acquirer banks , based on clearing files

Processing

Switches, clears, and settles transactions within system and between banks

Card Holder

Uses card at cash out centers or retail merchants for cash or goods

Acquirer Service

Offers POS devices and account managment as a service to merchants

Merchant Exchange

Accepts card or bill payments surrenders goods or cash to customers

TESTIMONIALS OF SYSTEM SUCCESS

THE TEAM

Scott Munden

President and board member

lead the success of QiCard in Iraq