Instant Payment System (SIPS)

    is at the core of SPS's offerings, providing real-time payment capabilities that allow individuals and businesses to transfer funds instantly, 24/7.

QR Payment Standardization

    SPS is leading the charge in QR Payment Standardization, creating a unified framework that simplifies the use of QR codes for payments.

Online Payments Gateway

    SPS Online Payment Gateway service provides a secure and efficient platform for processing online transactions.

POS Aggregation Service

    The POS Aggregation Service offered by SPS consolidates multiple point-of-sale (POS) systems into a single, streamlined platform.

The Somali Payment Switch (SPS) is dedicated to revolutionizing the financial landscape of Somalia by providing a comprehensive suite of services designed to enhance interoperability, foster financial innovation, and promote financial inclusion. Our services are crafted to meet the diverse needs of individuals, businesses, and financial institutions, ensuring seamless and secure transactions across the nation.

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What We Stand For

We are dedicated to transforming Somalia’s financial landscape by providing robust payment infrastructure that connects institutions, empowers businesses, and enables seamless financial services for all citizens.

Financial Inclusion

Breaking down barriers to formal financial services, ensuring every Somali citizen has access to secure, affordable, and convenient payment solutions that improve their daily lives.

Payments Interoperability

Creating a unified financial ecosystem where banks, mobile money providers, and financial institutions seamlessly connect, enabling instant transfers and transactions across all platforms.

Digital Innovation

Advancing Somalia's payment infrastructure through cutting-edge technology, supporting the growth of digital payments, and fostering a cashless economy that benefits everyone.

Why sustainable finance matters

In today’s world, the urgency to address climate change, resource depletion, and social inequality has never been greater. Sustainable finance plays a crucial role in this effort by

By directing capital toward sustainable projects, we can reduce carbon footprints, preserve natural resources, and foster social equity.

By directing capital toward sustainable projects, we can reduce carbon footprints, preserve natural resources, and foster social equity.

By directing capital toward sustainable projects, we can reduce carbon footprints, preserve natural resources, and foster social equity.

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25+

Years in banking
01

Sustainable and Green Finance providers offer a range of services designed to align financial activities with environmental sustainability goals.

Investment Advisory
  • Portfolio Analysis: Assessing investment portfolios to identify environmentally sustainable and socially responsible investment opportunities.
  • ESG Integration: Integrating environmental, social, and governance (ESG) factors into investment decision-making processes to manage risks and capture opportunities.
  • Impact Investing: Identifying and investing in projects and companies that generate positive environmental and social impact alongside financial returns.
  • Customized Strategies: Developing customized investment strategies aligned with clients sustainability objectives and risk profiles.
02

Sustainable and Green Finance providers offer a range of services designed to align financial activities with environmental sustainability goals.

Financial Products and Structuring
  • Green Bonds and Loans: Structuring and issuing debt instruments to finance environmentally sustainable projects, such as renewable energy, energy efficiency, and green infrastructure.
  • Sustainability-Linked Bonds and Loans: Designing financial products with terms linked to the issuer's sustainability performance, incentivizing improvements in environmental and social metrics.
  • Green Investment Funds: Establishing & managing investment funds that focus on sustainable and responsible investment opportunities across asset classes.
  • ESG Screening and Due Diligence: Conducting environmental, social, and governance assessments of investment opportunities to ensure alignment with sustainability criteria.
03

Sustainable and Green Finance providers offer a range of services designed to align financial activities with environmental sustainability goals.

Risk Management and Compliance
  • Climate Risk Assessment: Assessing and managing climate-related risks in investment portfolios, including physical risks and transition risks.
  • Regulatory Compliance: Helping clients navigate evolving regulatory requirements related to sustainability reporting, disclosure, and fiduciary duties.
  • ESG Reporting and Disclosure: Assisting companies and investors in disclosing their environmental, social, and governance performance to stakeholders, regulators, and the public.
04

Sustainable and Green Finance providers offer a range of services designed to align financial activities with environmental sustainability goals.

Green Project Financing
  • Project Development Support: Providing financial and technical assistance to develop and implement green infrastructure projects, such as renewable energy installations, sustainable transportation systems, and eco-friendly buildings.
  • Public-Private Partnerships (PPPs): Facilitating collaborations between public and private sector entities to finance and implement large-scale sustainable infrastructure projects.
  • Grants and Subsidies: Identifying and accessing grants, subsidies, and other financial incentives available for green projects from governments, multilateral development banks, and philanthropic organizations.

Some case studies of our amazing projects with our clients

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800k+

Happy customers

Ensuring Clean Water Access in Arid Regions

Financing Clean Technology Startups

Reducing Carbon Footprints

Green Affordable Housing Development

Sustainable Agriculture Initiative

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What our customers say about us

4.98

10,000+ Reviews

"Awesome work from Bpox for anyone looking to make a positive impact through their investments. Their tailored advice and green financial products have not only delivered impressive returns but have also aligned perfectly with our mission of promoting sustainability. Their professional and passionate approach sets them apart in the industry."

William Kimbrough
Client

4.98

10,000+ Reviews

"Awesome work from Bpox for anyone looking to make a positive impact through their investments. Their tailored advice and green financial products have not only delivered impressive returns but have also aligned perfectly with our mission of promoting sustainability. Their professional and passionate approach sets them apart in the industry."

Mark Antony
Client

4.98

10,000+ Reviews

"Awesome work from Bpox for anyone looking to make a positive impact through their investments. Their tailored advice and green financial products have not only delivered impressive returns but have also aligned perfectly with our mission of promoting sustainability. Their professional and passionate approach sets them apart in the industry."

William Kimbrough
Client

Choose sustainable and green finance to invest in a better tomorrow, financially and environmentally.

Align Investments with Values

Mitigate Risks

Access New Opportunities

Meet Regulatory Requirements

Leave a Legacy

Drive Positive Impact

Enhance Reputation

Create Long-Term Value

Foster Innovation

Support Sustainable Development

News and Updates from our Blog

View All News
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SIPS Goes into Pilot Phase: Somalia’s Digital Payment Revolution Begins

In a groundbreaking development for Somalia’s financial sector, the Somalia Instant Payment System (SIPS) is set to enter its pilot phase on December 5th,…

27

SPS Board Approves Implementation of Somalia Instant Payment System

With a unanimous decision that marks a turning point for Somalia’s financial infrastructure, the Board of Directors of Somalia Payment Switch (SPS) has approved…

20

CBS Launches SOMQR Standard: Revolutionizing Somalia’s Digital Payment Landscape

In a landmark development for Somalia’s financial sector, the Central Bank of Somalia (CBS) has unveiled the Somali Quick Response Code (SOMQR) standard, setting…

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