Bazara Tech has announced the launch of Manovar, a next-generation, AI-powered corporate banking and asset management platform designed to unify fragmented enterprise banking systems and deliver real-time visibility, intelligent risk monitoring, and automated workflows for financial institutions. The platform seeks to redefine how corporate banking services are delivered across Africa, creating a foundation for faster, more secure, and more coordinated interactions between banks and their enterprise clients.
Manovar is being introduced at a critical time for the African banking ecosystem, where legacy infrastructures, multiple disconnected systems, and manual processing continue to slow digital transformation. The platform integrates multiple functions into a single intelligent interface, enabling banks to digitize customer journeys, configure approval workflows, and empower corporate clients with secure self-service capabilities. It is available through both SaaS and on-premise deployment models, making it adaptable to varied regulatory requirements, security standards, and operational environments across different markets.
The launch represents the culmination of a strategic collaboration between Bazara Tech and a network of institutional partners, including commercial banks with regional footprints, enterprise clients, and industry experts. This partnership-led development approach has positioned Bazara Tech for expansion beyond its current African base into priority markets in the United Kingdom and the Gulf Cooperation Council (GCC), where digital transformation in corporate banking is accelerating.
Bazara Tech describes Manovar as more than a digital channel; it is a response to structural issues that have historically shaped corporate banking in Africa and other emerging markets. According to the company, fragmented technology architecture has forced banks to rely on multiple independent systems that slow down transactions, create operational blind spots, and expose institutions to risk. Manovar consolidates these functions by integrating core banking activities and real-time analytics into one cohesive platform.
Co-founder and Chief Product & Technology Officer, Tunji Odumuboni, explains that Manovar was developed through a design-first approach informed by corporate user needs. “Manovar reflects our vision for modern corporate banking—intelligent, connected, and real-time. We worked closely with partners to build a platform from first principles, not just a software solution but a strategic enabler for banks seeking to compete at a global level,” he said.
The platform is already live with two major commercial banks operating across Africa, an early validation of its scalability and relevance. The company reports that Manovar emerged from a product concept initially drawn on a whiteboard and matured into a production-grade platform through iterative development, structured testing, and continuous feedback from enterprise users.
Manovar’s core capabilities include real-time liquidity management, digital user onboarding, and AI-powered risk alerts, allowing banks to detect anomalies, potential fraud, and transaction irregularities earlier in the process. The platform’s internal workflow engine enables institutions to automate approvals, improve process transparency, and shorten decision timelines. By consolidating processes, Manovar also reduces the cost of managing multiple applications and enables banks to deploy new services without significant disruption to existing infrastructure.
Head of Products at Bazara Tech, Lanre Akomolafe, said the launch demonstrates how modern innovation requires deep collaboration. “This launch shows what is possible when technology companies and financial institutions work together to resolve systemic challenges. Manovar is the product of an ecosystem effort, not a single initiative,” he noted.
Looking ahead, Bazara Tech plans to strengthen its market engagement by partnering with banks that are investing in digital transformation and operational modernization. Founder and Chief Executive Officer, Boye Ademola, said Manovar represents the beginning of a broader innovation agenda for the company. “Our goal is to help financial institutions move faster, make smarter decisions, and deliver more value to corporate clients. Manovar is our first step toward reshaping the future of enterprise financial services,” he said.
Bazara Tech Inc. is an AI-first infrastructure company building next-generation platforms for financial services and enterprises. Its Manovar platform is designed to redefine how organizations access corporate banking, unlock business growth, and create superior customer experiences by leveraging intelligent software and advanced systems integration.
Emmanuel Bassey is a Financial Expert that has worked in the Banking and Finance Industry for over 15+ years across different banks in Nigeria
