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Financial
144 posts
TerraPay, Diamond Trust Bank Partner to Simplify International Money Transfers to Uganda
By Mark Kawalya Diamond Trust Bank Uganda (DTBU) and TerraPay a cross-border payments network company, have partnered to…
Kabokisi Wins MTN Uganda’s MoMo Hackathon 2023
By Mark Kawalya The 2023 MTN Uganda MoMo Hackathon has come to an end. The annual event showcased…
Parish Development Model: Stanbic Bank Rolls out Flexipay Enabled Phones for SACCOs
By Mark Kawalya Stanbic Bank has launched an initiative to support the government’s Parish Development Model (PDM). The…
Raxio Acquires $46m in Equity Funding
By Mark Kawalya Raxio Data Centers, one of Africa’s top providers of carrier-neutral Tier III data centers, has…
NSSF Uganda, in Last-minute Decision, Acquires 50% of Airtel’s IPO stock
By Mark Kawalya The National Social Security Fund (NSSF) of Uganda purchased more than half of the eight…
Jumia and Starlink Partner to Expand Satellite Internet Access Across Africa
By Mark Kawalya Elon Musk’s SpaceX and e-commerce player Jumia Technologies have partnered in a move that will result in a new era of satellite internet services in Africa. This collaboration uses Starlink’s cutting edge satellite technology ad Jumia’s…
Multigate Gets Money Remittance Business Licenses for Uganda and Nigeria
By Mark Kawalya The Bank of Uganda has granted Multigate a Money Remittance Business license, while similarly, the…
Equity Bank, Mastercard Partner to Uplift Uganda’s Digitally Excluded Populations
By Mark Kawalya Equity Bank Uganda and Mastercard have formalized an agreement to advance financial inclusion among Uganda’s…
Emata, an Agric-finance Startup in Uganda, Receives $2.4 Million in Seed Funding
By Mark Kawalya Emata, an agritech startup in Uganda, has raised $2.4 million in seed funding, marking an…
Lipa Later Raises $3.4M In Debt Funding
By Mark Kawalya Kenyan fintech company Lipa Later recently declared the successful completion of a $3.4 million debt…