ACPAS Sponsors MFSA AGM and CASA Launch

10/17/2025 – 12:32 PM

JOHANNESBURG, South Africa and DALLAS – UPAY Inc. (OTCQB: UPYY), a U.S.-based fintech innovator focusing on emerging market solutions, announced that its South African subsidiary, Automated Credit Provider Administration System (ACPAS), will sponsor the MicroFinance South Africa (MFSA) Annual General Meeting and Conference, scheduled for October 22, 2025, in Johannesburg. The sponsorship underscores UPAY’s broader strategy to leverage its technology in high-growth microfinance sectors.

The MFSA’s AGM will mark its rebranding to CASA, the Credit Association of South Africa, reflecting the organization’s expanded mandate to represent a wider array of credit providers. ACPAS’s participation as a Legacy Partner highlights its commitment to the South African credit landscape, a strategically important market for UPAY’s international expansion. The increasing demand for microfinance solutions in South Africa, driven by factors such as limited access to traditional banking services and a growing entrepreneur class, presents a significant opportunity for fintech companies like UPAY.

A deeper dive into ACPAS’s technology stack reveals a sophisticated loan management system designed to address the specific challenges of the microfinance industry, including risk assessment, compliance, and efficient loan disbursement. The company’s solutions are increasingly crucial as regulatory requirements for micro-lenders become more stringent. By providing tools that simplify compliance and enhance operational efficiency, ACPAS positions itself as a key enabler for growth within the sector.

“ACPAS has had the privilege of collaborating with MFSA for many years, and we are honored to stand as a Legacy Partner during this important transition to CASA,” stated Jaco Fölscher, CEO of ACPAS, highlighting the significance of the event. “Having served on the MFSA board during this period of transformation, I have witnessed first-hand the dedication and vision driving this rebrand. It signifies growth and renewal within our industry, and ACPAS remains fully committed to empowering responsible credit providers through innovation and technology.”

The strategic importance of this sponsorship to UPAY also lies in the enhanced brand visibility and networking opportunities it provides. The conference draws key industry stakeholders, regulators, and potential technology partners, all valuable contacts for UPAY as it seeks to solidify its position as a leading fintech provider in the region.

UPAY Inc. extended its congratulations to MFSA on reaching this strategic milestone, underscoring its commitment to CASA’s mission to strengthen South Africa’s credit ecosystem.

The rebranding of MFSA into CASA signifies a strategic shift in the South African credit landscape, a shift which UPAY aims to capitalize on through ACPAS. By aligning itself with CASA’s expanded scope, UPAY is proactively positioning itself to address the evolving needs of the South African credit market and drive greater financial inclusion through technology-driven solutions.

About MFSA / CASA:

Founded nearly three decades ago, the MicroFinance South Africa (MFSA) has long served as the member association and voice of the responsible credit provider in South Africa. In 2025, the association proudly transitioned to its new identity as CASA – the Credit Association of South Africa, reflecting its expanded mandate to represent and support the broader credit industry. Currently representing more than 1,800 registered credit providers, CASA continues to champion ethical lending, consumer protection, and industry advancement through collaboration, education, and advocacy.

About ACPAS:
ACPAS is a Loan Management Software provider in South Africa, offering advanced automation solutions that streamline loan origination, management, and compliance processes. With a strong commitment to empowering microfinance and credit institutions, ACPAS delivers technology-driven tools that enhance operational efficiency and regulatory compliance. As a subsidiary of UPAY Inc., ACPAS continues to play a key role in advancing digital transformation within the financial services industry.

About UPAY:
UPAY Inc. is a publicly traded holding company at the forefront of the fintech industry. By investing in innovative technologies, UPAY delivers comprehensive Financial Software Platforms that offer full system automation, intelligent data solutions, and an enhanced user experience. The Company bridges the gap between clients and consumers in an evolving financial ecosystem, driving engagement and lasting impact.

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