Cameroonian engineer Collins Fomba Ken drives fintech innovation with Iwomi

By : The Redaction

Date : mercredi, 27 août 2025 11:33

  • Collins Fomba Ken founded Iwomi Technologies in 2015 to drive financial inclusion.

  • The company develops digital banking platforms and consumer apps for payments and money transfers.

  • Its products include mobile banking, loan management, instant remittances, and e-commerce tools.

Collins Fomba Ken, a Cameroonian computer engineer and entrepreneur, is the founder and CEO of Iwomi Technologies, a fintech company focused on building digital solutions for African banks and consumers.

Since its creation in 2015, Iwomi Technologies has developed platforms designed to improve financial inclusion and meet the needs of financial institutions as well as everyday users. The company offers a wide range of products and services.

For businesses, Iwomi provides Digital Banking Suite, a full-service platform that supports digital banking operations, and My Bank, a mobile and web application with an integrated wallet currently undergoing certification with Gimac, Visa, and MasterCard. Iwomi Core enables interoperability between banks and third-party services, while the Mosa system ensures secure processing and tracking of online bank loans, allowing clients to manage credit remotely.

For consumers, the company offers Softeller, an application for instant money transfers from abroad to mobile money accounts, mainly in Cameroon. It also provides bill payment services for utilities such as ENEO, Camwater, and Canal+, and IMarket, an e-commerce management platform that helps stores track orders and catalogs while offering installment payment options.

Fomba Ken holds a master’s degree in computer engineering from the National Advanced School of Engineering in Yaoundé, obtained in 2010. His career began in 2009 with an internship at Commercial Bank Cameroun. Between 2010 and 2012, he worked as a software engineer at Delta Informatique and Sopra Banking Software in France. After returning to Cameroon, he joined Société Commerciale de Banque (SCB Cameroun), where he served as a software engineer from 2012 to 2016.

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