Banking1 with last-mile recovery
For years, schools relied on commercial banks and got neglected. Cosine's financial services are tailored to give your school the support it needs — every step of the way.
Get instant NDIC-insured2 deposit accounts. We issue your school bank accounts with tighter security and greater flexibility, so you can receive payments and spend however you want.
Spin up free sub-accounts to keep funds in separate pockets for any purpose. Reserve maintenance fund, lock salaries until payday. We give you the tools to take control of your money.
Securely pay vendors, caterers, and contractors straight from your own account. Send single instant NIP transfers and execute bulk transfer from a spreadsheet to save time.
Every line labelled with the student and fee it belongs to. Export to PDF or CSV, or share a live view with your accountant, all from a simple interface.
Bill parents in minutes, not evenings. One pass covers selected classrooms or a whole campus. Every guardian on record gets theirs by WhatsApp and email with payment instructions attached.
Zero disruption to how parents pay fees. Guardians still pay exactly how they already do. No new apps to download, no codes needed, no new habits. Nothing changes for them, but there's so much more for you.
No more separate PTA account or school fees account. No more confusion for parents. They get bills with one account number. You configure how your money flows on arrival.
A regular bank transfer, a cheque, mobile money, or over-the-counter deposit. Parents can focus on being parents, you can focus on running your school, and Cosine will handle everything rest.
Parents don't have to send a proof to your DM every time they complete payment. Cosine automatically identifies each payment, deduce which student it was made for and generates receipt for that parent immediately.
Your ledger reconciles itself. Our proprietary Reconciliation Algorithm reads every payment that lands, matches it to the right student and invoice, and sends a receipt to the connected parents. Fully automated.
Unlabelled, half-named, or sent from a cousin's phone? It doesn't matter. Cosine is built for how parents actually make payment, allowing you to collect with zero constraints.
The Reconciliation Algorithm deconstructs the payment, identifies which student and invoice the payment is for, and tags the it instantly. Override the tagging whenever you want.
Cosine automatically issues and delivers payment receipt to connected parents after a payment is matched. No need for hand-written receipts, not anymore.
No more chasing fees. That's our job now. Use scheduled reminders to nudge parents about outstanding balances. As your financial partners, we go the last mile to help defaulting parents meet their obligations to your school.
Reminders go out on schedule, in your school's voice. When a balance stalls, our recovery team steps in with a call, a payment plan, a due-date extension you approve. Your relationship with parents stays protected.
Start banking on day one. No branch visit or heavy paperwork required. Start receiving payments the same day, and put the money troubles behind you.
Everything happens in your first sitting. From creating your school to verifying it, to import students, and to your first batch of invoices. Works like a charm.
No subscription. No hidden charges. We get paid when you get paid, so our job is making sure that happens on time.
The banking1 your school has been waiting for.
Cosine is now available to schools in Nigeria
1. Cosine is a financial technology company, not a bank. Banking services are provided by our CBN-licensed partner financial institutions.
2. Deposits are held at NDIC-member partner institutions and are insured by the Nigeria Deposit Insurance Corporation up to the applicable statutory limits, in the event of institution failure.