5-Minute SME Business Account Opening

API Response

< 500ms

OTP Delivery

< 5 sec

KYC Checks

< 60 sec

Total Flow

< 5 min

Workflow State Machine

Initiate Application

Submit pre-verified MOMULA data to African Bank API

OTP Dispatch

One-time PIN sent via SMS & email

OTP Verified

Director identity confirmed

KYC / AML Screening

Running CIPC, AML & risk checks

KYC Passed

All checks cleared — risk score LOW

Account Created

African Bank business account provisioned

Final Authorization

Second OTP for dual-factor confirmation

Account Active

Account live and ready for transactions

Funding Request

Invoice discounting request submitted

Start Account Opening

Pre-filled with your verified MOMULA profile data

Pre-Verified Profile Data (from MOMULA)

Business NameABC Supplies Pty Ltd

Reg Number2019/123456/07

VAT Number4123456789

DirectorJohn Doe

Emaildirector@business.co.za

Phone+27831234567

KYC pre-verified by MOMULA · Buyer-confirmed · FICA compliant

This will call POST /v1/business-accounts/initiate → POST /v1/auth/send-otp

Live API Call Log

0 calls

API calls will appear here

TLS 1.2+

Transport Security

OAuth 2.0

API Authentication

AES-256

Data Encryption