FundTrak

Transparent pricing. No surprises.

Fundtrak’s pricing is simple — no setup fees, no monthly surprises. We charge a small commission per successful transaction, so your school only pays when payments actually come in.

Simple, transparent commissions.

Fundtrak helps you collect, track, and reconcile school payments effortlessly — and you only pay when you do.

Base Model • Commission Based
1.5%+ capped at ₦650 per payment.

Base Model: Pay-as-you-collect (Commission-Based)


Advantages

  • Low barrier to entry — easy for schools to onboard.
  • You earn as schools collect more.
  • Feels fair because it's performance-based.
  • Dedicated school bank account, set up automatically on registration
  • Smart debt carry-over: old balances settle before new term fees apply

Best For:

  • New schools testing digital collection.
  • Schools with high-volume, regular payment cycles

Included in base

Fee management · AI payment matching · Multi-term debt tracking · Student wallets · Part payments · Bulk CSV import · Product store · Payment links · Invoicing

Premium Add-on
Payroll+ Admin Suite

An optional module for schools that want to manage staff finance inside FundTrak


What’s Included

  • Staff salary setup and automated payslip generation every pay cycle
  • Salary advance requests submitted by staff via app or WhatsApp bot
  • Management approval workflow — advances deducted gradually from future payslips
  • PDF payslips delivered on demand via the FundTrak WhatsApp Bot
  • Direct bank transfer integration for payroll disbursement

Included in base

Schools that want to unify fee collection and staff payroll in a single platform — with full auditability and no separate HR software.

Payment LinksInvoicingStudent RecordsDebt Carry-OverStudent WalletsBulk CSV ImportFee TemplatesMulti-Arm ClassesPart Payments

Power up your plan with more tools.

Every school is different. These optional modules let you match FundTrak exactly to how your institution operates — without paying for what you don't need.

01

SMS Alerts

Notify guardians about payment receipts, outstanding balances, and wallet updates instantly via SMS — no smartphone or app required on their end.

02

Advanced Audit Reports

Deep financial insights and exportable analytics — term-over-term collection trends, debt aging reports, cashflow summaries, and expenditure breakdowns.

03

Multi-Branch Management

Centralised control for school groups and chains. One owner account across all campuses — with AI insights scoped per school so no campus's data leaks to another.

04

Dedicated Bank Account

Every school gets a dedicated account for parent payments. Funds land in real time, our AI matches them to students automatically, and receipts are generated instantly.

Three new products. Zero extra setup.

Gateway, the WhatsApp Bot, and the Mobile App are built into the FundTrak ecosystem. They extend what your subscription already covers — no new contracts, no new logins, no new learning curve.

Gate Scanner + Attendance + DebtNEW • FUNDTRAK GATEWAY

Gate Scanner + Attendance + Debt

Scan students as they arrive and leave. Parents receive instant WhatsApp or SMS alerts both ways. Staff can access any student's live debt status or attendance record on the spot — no login needed.

  • Real-time student arrival and departure scanning
  • Instant guardian notifications via WhatsApp & SMS
  • Staff access to live debt and attendance records at the gate
  • Works offline; syncs when connection is restored
For Parents, Staff & School OwnersNEW • WHATSAPP BOT

For Parents, Staff & School Owners

A smart bot on WhatsApp — no app download needed. Parents check balances and attendance. Staff request payslips and advances. Owners get AI-powered cashflow forecasts, all without a laptop.

  • Parents: attendance status and outstanding fees on demand
  • Staff: PDF payslip delivery and salary advance submission
  • Owners: cashflow forecasts, reports, and approvals via chat
  • AI insights scoped per school — no cross-school data exposure
The School Expense WalletNEW • FUNDTRAK WALLET

The School Expense Wallet

Every payment to the school reflects here in real time. Authorised staff can transfer funds out — but only after selecting a tagged expense category. No anonymous outflows. Ever.

  • All incoming school payments visible in real time
  • Transfers locked behind mandatory expense category tagging
  • Super admin controls all user access — no self-sign-up
  • Complete, exportable expense ledger always available

Gateway, the WhatsApp Bot, and the Mobile App are bundled into qualifying plans during our early-access period. Contact our team to confirm exactly what's included for your school — or to get a custom quote for your institution.

Automate your payroll — effortlessly.

Simplify how your school pays and manages staff. Fundtrak’s Payroll module works seamlessly with your fee collections, ensuring salaries, deductions, and reports are always accurate.

Feature Highlights:

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    Generate payslips automatically

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    Handle allowances and deductions

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    Manage leave and attendance

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    Sync payments with your bank

Automatic payroll process

Frequently Asked Questions

FundTrak charges 1.5% per transaction, capped at ₦650. That means you never pay more than ₦650 on a single transaction, no matter the amount. There are no monthly subscriptions, no setup fees, and no hidden charges.

No. There is no monthly fee. You pay 1.5% per transaction (capped at ₦650) and that covers everything — fee collection, auto-linking, student management, reports, AI, payroll processing, and all dashboard features.

₦650. The 1.5% commission is capped, so for any transaction above ₦43,334 the fee stays at ₦650. For a ₦100,000 payment, you pay ₦650 — not ₦1,500.

Yes. The WhatsApp bot — including parent notifications, staff payslip access, salary advance requests, attendance queries, and AI chat — is free for all schools on FundTrak. No add-on fee required.

Yes. The Gateway mobile app for NFC attendance scanning is free to use. The only paid add-on is the Gate Monitor service, which provides the full attendance system with guardian notifications, live tracking, and fee visibility at the gate.

The Gate Monitor add-on starts at ₦2,000 per child per term. It includes NFC attendance scanning, real-time guardian notifications (WhatsApp and SMS), late arrival detection, fee balance visibility at the gate, and attendance reports. Pricing is negotiable based on school size — contact our team to discuss. Charges are billed weekly and deducted automatically from your school balance.

Yes. Account creation, school setup, class configuration, student import, and onboarding are all free. No setup fees, no implementation charges, no training costs. You start using FundTrak and only pay the 1.5% commission when transactions happen.

Yes. If you have a large school or multiple campuses, contact our team for a custom quote. We offer volume-based pricing for schools with higher transaction volumes.