Tag Archives: FinTech

Kampala, Uganda | THE INDEPENDENT | The Bank of Uganda is due to launch new measures to enhance the security of online and mobile transactions as the financial technology industry grows. The financial sector is enjoying much faster growth than in years prior to the last decade boosted by digital innovations, …

Kampala, Uganda | THE INDEPENDENT | Ecobank Group, the Pan-African banking group, has invited innovative and ambitious African fintech entrepreneurs from across Africa to apply to participate in the 6th edition of its Ecobank Fintech Challenge. Similar to previous editions, the Fintech Challenge offers exceptional prospects for Fintechs that align …

Standard Bank Group has arranged sustainability-linked, multi-currency facilities to support M-KOPA’s growth in Kenya and Uganda  Johannesburg, South Africa | THE INDEPENDENT |  Regarded as a pioneering and leading fintech platform, M-KOPA’s solutions provide underbanked customers with instant access to everyday products and services via its flexible credit model. M-KOPA’s customers …

  Africa’s fintech space continues its pandemic-induced growth with a 25% jump in new finance app installations in 2022, energised by the rapid adoption of mobile banking solutions. Accra, Ghana | BIRD AGENCY | A new report by AppsFlyer and Google analysed more than 140 million installs across 3,000 finance …

Kampala, Uganda | THE INDEPENDENT | The financial technology (FinTech) industry has grown faster than the managers of the economy had anticipated, with the number of FinTechs growing from just five in 2017 to 189 in 2022. This has come with regulatory challenges due to the complex nature of the industry that …

But Africa remains the most concerned region about consumer protection and cybersecurity risks | THE INDEPENDENT | Accountants now need to take advantage of the possibilities that come with FinTech given that the latter provides products that are solving actual problems, according to the Bank of Uganda Deputy Governor Michael …

Cellulant processes $300,000 worth of payments daily in Uganda and facilitates $1b in transaction volume every month across different payment channels in Africa. Kampala, Uganda | THE INDEPENDENT | Cellulant, Africa’s leading payments company, won the Award for Excellence in Embedded Fintech at the 7th edition of the Africa Fintech …

  BUSINESS FEATURE | THE INDEPENDENT | It’s been thirteen years since the Ugandan payments landscape was disrupted by the First mobile money system. In 2009, MTN Uganda introduced the first mobile money transaction service and today, the sector has grown to more than 170 private players consisting of mobile …

Kampala, Uganda | THE INDEPENDENT | The Bank of Uganda will keep reviewing the operating conditions of the financial technology companies-Fintech, which have termed the recently introduced regulations for the sector as unfavourable. Fintech is the technology and innovation that aims to compete with traditional financial methods in the delivery of …

Kampala, Uganda | THE INDEPENDENT | Uganda’s fintech community is confident regulation will act as a pedestal for the industry’s future growth. Speaking ahead of FITSPA’s 3rd Annual Fintech Conference due September 8, Chairman of FITSPA and Country General Manager of Interswitch EA Uganda LTD Peter Kawumi said the association provides …