NEPTUNE SOFTWARE GROUP

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About Neptune Software Group

Our leadership

The people behind Neptune

A leadership team with decades of combined experience across banking software, financial services, and technology — from London to Chennai, Nairobi, and Lagos.

Tap a leader to read their biography.

Timeline

27+ Years of Banking Innovation

From a London startup in 1999 to a trusted partner for 80+ financial institutions across Africa, Asia, and Europe — here's how Neptune got here.

2026

Entering a new era of AI-powered banking and global expansion.

Launched Novacore AI — an enterprise Generative AI platform built specifically for financial institutions, enabling conversational banking, NLQ reporting, and AI-driven decision support.
Achieved ISO 27001:2022 (Information Security) and ISO 9001:2015 (Quality Management) certifications — raising the bar on security and delivery standards.
Expanded strategic focus into Eastern Europe, Central Asia (Kazakhstan, Uzbekistan, Kyrgyzstan), and the Caucasus (Georgia, Armenia, Azerbaijan).
Delivered Islamic Banking suite — Wadiah, Murabaha, Tawarruq, Qard Hasan, and full Sharia-compliant financing products — within the Rubikon platform.
Upgraded to Oracle Database 26ai, WebLogic 15c, Jakarta EE9 & Java 21, and WSO2 API Management.

2025

New go-lives, payment infrastructure milestones, and regional growth across Sub-Saharan Africa.

Mega Bank, The Gambia went live on Rubikon with Personal Banking, Corporate Banking, and Digital Channels — November 2025.
Success Bank Zimbabwe went live with Core Deposits, Lending, Treasury, Trade Finance, and Digital Banking Channels.
Expanded Banking Intelligence & Data Analytics — live with Bingwa SACCO Kenya, Solution SACCO Kenya, Mwanga Hakika Tanzania, and Pride Bank Uganda (Regulatory Reporting).
Launched ISO 20022 compliant digital banking, EthioPay IPS, and ETH QR Payments in partnership with Berhan Bank Ethiopia.
Deployed Kotlin Multiplatform mobile banking across Android and iOS — a single codebase serving both platforms.

2024

Rubikon R24

Evolved into a more intelligent and connected banking platform with API-led integration, Customer 360°, machine learning and big-data analytics, performance appraisal, automated operations, advanced BI, regulatory reporting and channel banking.

API-led integration architecture enabling seamless connectivity with third-party systems and fintech partners.
Customer 360° view providing a unified profile across all products, channels and interactions.
Machine learning and big-data analytics for predictive insights and smarter decision-making.
Performance appraisal module and automated operations reducing manual overhead across banking workflows.
Advanced BI, regulatory reporting and channel banking capabilities for enterprise-grade compliance and reach.

2023

Rubikon 5.0.1

Modernized the user experience and strengthened enterprise capabilities with HRMS skills management, a digital job portal, automated data processing, Customer 360°, advanced BI and machine-learning-based credit scoring.

Redesigned user experience across core banking modules for speed and usability.
HRMS skills management and a digital job portal streamlining talent acquisition and workforce planning.
Automated data processing pipelines reducing manual data handling across operations.
Customer 360° unified view consolidating customer data across all touchpoints.
Machine-learning-based credit scoring improving lending accuracy and risk classification.
Advanced BI dashboards with self-service analytics for business leaders.

2022

Rubikon 4.0.3

Enhanced employee self-service and digital HR, while introducing smarter BI with forecasting, IFRS 9 analytics, automated ETL, regulatory data integration and customer demographic insights.

Enhanced employee self-service portal with digital HR workflows and approvals.
BI forecasting module enabling forward-looking financial projections.
IFRS 9 analytics for provisioning, expected credit loss modelling and compliance reporting.
Automated ETL pipelines for seamless regulatory data integration.
Customer demographic insights module surfacing segmentation intelligence from core data.

New Clients

Fondi Besa

2020–2021

Rubikon 4.0.2

Expanded into comprehensive HRMS and payroll, employee self-service, leave and attendance, litigation and recovery, while delivering BI dashboards and advanced credit, risk, collection and portfolio analytics.

Full HRMS and payroll module covering recruitment, contracts, compensation and statutory deductions.
Employee self-service for leave requests, attendance tracking and payslip access.
Litigation and recovery module for non-performing loan management and legal case tracking.
BI dashboards providing real-time visibility across portfolio, credit quality and collections.
Advanced credit, risk, collection and portfolio analytics for data-driven lending decisions.

New Clients

BRAC UgandaUGAFODEPride MicrofinanceVisionFund RwandaAga Khan Agency for MicrofinanceAddosserHasalAMJURaysMicrobanco ConfiançaLeading Kenyan SACCOs

2019–2020

Rubikon 3.0.6Rubikon 4.0.1

Introduced stronger financial crime controls through AML and suspicious transaction monitoring, alongside mobile/branch banking, digital account opening, enhanced lending, HR and payroll capabilities.

AML (Anti-Money Laundering) engine with real-time suspicious transaction monitoring and alerts.
Mobile and branch banking enhancements delivering consistent omnichannel service.
Digital account opening reducing onboarding time and eliminating paper-based processes.
Enhanced lending capabilities including automated credit decisioning workflows.
HR and payroll module laying the foundation for full workforce management.

New Clients

Berhan International BankMwanga Hakika BankTanzania Commercial BankInfrastructure Development BankBank of IndustryNEXIM Bank

2017–2018

Rubikon 3.0.5

Advanced group lending and risk management with automated fixed deposits, loan provisioning, interest processing, account monitoring, migration services and enhanced reporting.

Advanced group lending workflows supporting tiered approval and joint-liability structures.
Automated fixed deposit lifecycle management including rollover, break and interest calculation.
Loan provisioning engine aligned to regulatory and IFRS standards.
Automated interest processing reducing end-of-day batch time significantly.
Account monitoring and exception alerting for operational risk control.
Data migration services enabling smooth transitions from legacy core banking systems.
Enhanced reporting suite with drill-down analytics for operations and compliance teams.

New Clients

FINCA ZambiaFINCA NigeriaFINCA Jordan

2015–2016

Rubikon 3.0.4

Expanded the platform with automated transaction processing, digital customer applications, advanced lending and deposit capabilities, Islamic banking services, reconciliation and stronger workflow controls.

Automated transaction processing engine handling high-volume retail and wholesale payments.
Digital customer application portal enabling paperless onboarding for new accounts.
Advanced lending capabilities covering structured loan products and multi-tranche disbursement.
Enhanced deposit management with tiered interest and product-level configuration.
Islamic banking services supporting Murabaha and Ijara financing structures.
Reconciliation engine automating GL and nostro account matching.
Stronger workflow controls with configurable approval hierarchies and audit trails.

New Clients

FINCA MalawiFINCA Congo

2014

Rubikon 3.0.3

Strengthened group lending with end-to-end loan disbursement and account automation, while enhancing transaction processing, accounting, deposits, workflows and customer/channel management.

End-to-end group loan disbursement with automated account creation and member allocation.
Enhanced transaction processing supporting batch and real-time settlement.
Strengthened accounting engine with multi-currency and multi-branch consolidation.
Deposit module improvements covering term deposits, recurring savings and interest accrual.
Workflow engine upgrades enabling configurable approval chains across lending and operations.
Customer and channel management enhancements for CRM and digital service delivery.

New Clients

Uganda Development BankUnguka BankOMO MicrofinanceNaku SACCOCentury DTM

2013

New leadership, sharpened strategy, and deepening presence across Africa.

Chuka Agu appointed CEO — bringing a decade of financial services, business consulting, and enterprise sales experience to lead Neptune's next growth phase.
Strengthened regional leadership with George Ochieng as Regional Director for East Africa, drawing on his background at NIC Bank and as CFO of Opportunity International Kenya.
Adeniyi Badejo appointed Regional Director for West Africa — 20+ years of fintech sales experience across Nigeria and the region.
Client base across Sub-Saharan Africa continues to grow — banks, SACCOs, and MFIs across Kenya, Uganda, Tanzania, Ethiopia, Nigeria, and Zimbabwe.

2008

Industry recognition and a world-class rating for our microfinance platform.

Orbit-R awarded a 4-Star CGAP Rating by the World Bank — the highest rating available, and held continuously ever since. Rated on functional coverage, on-time & within-budget delivery, and overall client satisfaction.
Shortlisted for the Oracle UK Partner Award — recognising innovation and excellence in Oracle-based financial solutions.
Nominated for the EMEA OPN Innovation Award — placing Neptune among the leading Oracle partners in Europe, Middle East & Africa.
Orbit-R establishes Neptune as the go-to microfinance technology partner for larger MFIs across Sub-Saharan Africa.

2006

Neptune opens its India engineering office — the engine room of product development.

Chennai, India office established — Thomas Waltair joins as the first team member, building what would become a 100+ strong offshore engineering team.
Thomas Waltair leads product engineering for both Rubikon and Orbit-R from Chennai, holding a Masters in Computer Applications from Madras University.
India office becomes Neptune's product development hub — accelerating release cycles and enabling round-the-clock engineering capacity.
Neptune now operates across three continents: Europe (London HQ), Africa, and Asia (Chennai).

1999

Neptune Software Group is founded in London with a single purpose: delivering mission-critical core banking software to financial institutions.

Founded in London, United Kingdom — headquartered at 27/28 Eastcastle Street, London W1W 8DH.
Mission established: deliver client success through innovation, combining deep business domain knowledge with technical expertise to integrate technology with business processes end-to-end.
Rubikon core banking platform development begins — designed from the ground up as a modular, scalable universal banking system for retail banks and financial institutions of all sizes.
First client partnerships formed across Sub-Saharan Africa — the beginning of what would become an 80+ institution global footprint.