Solis Microfinance Ltd., a leading microfinance institution in Ghana, in partnership with Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ), has officially launched the Solis Mobile Banking App and unveiled its flagship Boafo Pa Loan product, both tailored specifically for Ghana’s informal sector and micro, small, and medium-sized enterprises (MSMEs).
The launch, held on 30th April 2025, at the Erata Hotel in East Legon, is a bold statement of Solis’s commitment to digitizing financial inclusion and revolutionizing microfinance delivery across the country.
The event was graced by a powerful lineup of stakeholders and thought leaders, including Madam Jacqueline Commodore, Executive Secretary of the Ghana Association of Microfinance Companies (GAMC); Adeline Ocran, Head of the Payments Systems Department at the Bank of Ghana; Mohammed Omar, Regional Head of Garment Dressmakers Association in Ghana; Bernard Avle, General Manager of Channel One TV; Cynthia Adjei, representative from GIZ Ghana; and several executives from partner FinTech’s, Investors, MSME associations, clients and members of the press including Joy News and Citi Business News.
These distinguished guests commended Solis for its forward-thinking approach and reiterated the importance of collaborative efforts to deepen financial inclusion, especially for underserved communities.
As Ghana accelerates toward a digital economy, Solis Microfinance has firmly positioned itself at the forefront, bridging the gap between technology and the everyday financial needs of its people.
From its beginnings in Tema in 2010, Solis has undergone a remarkable transformation. In 2022, the institution initiated a digital-first overhaul under new leadership, culminating in its rebranding and regulatory approval from the Bank of Ghana as a Tier 2 Microfinance Institution.
“As markets changed and client needs evolved, so did our aspirations,” said in a speech read on the behalf of Mr. Francis Sekoh-Dadzie, Board Chairman of Solis.
“We recognized the need to reposition ourselves with a fresh identity, a strengthened governance framework, and a sharper mission. Thus, Solis means “sun”. was born.”
Solis Mobile Banking App: Banking in Your Pocket
The star of the event was the launch of the Solis Mobile App, a seamless and secure platform that allows anyone with a Ghana Card, mobile money number, and smartphone to open an account in under two minutes—no queues, no paperwork, no branches.
The app, launched by Madam Adeline Ocran, serving as a delegate of the Head of the Payments Systems Department at the Bank of Ghana, was described as a milestone in the nation’s financial digitization journey.
“This is more than a digital product, it is a profound commitment to financial access for the informal sector,” she said.
Mr. Anthony Abakisi, founder of Solis, in a keynote speech during the event, reiterated the company’s broader vision: “This launch is not just about an app. It is about a movement, where every Ghanaian, regardless of their income level or location, can take control of their finances.”
He added, “Our mission is to help the excluded build a habit of saving and get access to credit that supports both their hustle and dreams. There is no need to sit in a bank for hours or fill out long forms. With this new app, the process is simple and fast.

Features of the Solis App include:
• Instant account opening
• No minimum balance required
• Target savings account
• Bill payments and airtime purchases
• Seamless transfers and mobile money integration
• Multi-wallet linking for flexibility
• Request Payment
Derrick Boachie, Head of Business Development at Solis Finance, gave a live demo that showcased the user-friendly interface and functionalities built for everyday use by traders, artisans, mobile vendors, and gig workers.
Boafo Pa Loan: Fuelling MSME Growth
The launch also featured the introduction of the Boafo Pa Loan, Developed under the GIZ Private and Financial Sector (PFS) Support Program, this product is currently awaiting final approval from the Bank of Ghana.
The loan is specifically designed for MSMEs and informal workers such as seamstresses, hairdressers, mobile agents, and other micro-entrepreneurs.
“Our collaboration with Solis is purposeful,” said Dr. Dirk Aßmann, Country Director of GIZ Ghana, in a speech delivered on his behalf by Cynthia Adjei, who served as his representative during the event.
“We aim to create inclusive, user-cantered financial solutions that support sustainable economic growth.”
He further praised Solis for its forward-thinking mindset and for embracing digital innovations that directly serve the needs of small businesses.
According to him, MSMEs play a critical role in job creation and national development yet often lack adequate support from formal banking systems.
He emphasized that GIZ’s partnership with Solis is designed to close that gap and empower these businesses to thrive.
Currently undergoing final approval from the Bank of Ghana, the Boafo Pa Loan offers flexible terms and asset-based financing, meeting the needs of those often overlooked by traditional banks.
Bridging Technology and Trust
Launching the Solis Mobile App and Boafo Pa Loan isn’t just about new products—it represents a renewed mission to include every Ghanaian in the formal financial system. By combining strong digital infrastructure with real sector partnerships, Solis Microfinance redefines what it means to serve the informal economy.
“This is the future of finance for everyday Ghanaians,” said Mr. Abakisi. “It’s fast, inclusive, and designed to work for your hustle.”
With continued collaboration from development partners like GIZ, and oversight from the Bank of Ghana, Solis is poised to expand its reach and impact, ensuring no trader, artisan, or micro-entrepreneur is left behind.
Join the Revolution Now!
Join the digital banking revolution today! Download the Solis app on the Google Play Store or App Store and experience a smarter way to bank.

For more information, visit our website at www.solisfinance.com
Location: 9 Ouagadougou St. East Legon, Accra, Ghana
Customer Support/WhatsApp: +233 599 577 963
Email: [email protected]
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