Being cash strapped has never been a good experience for anyone, neither is the hassle of moving from one financial institution to another shopping for a good loan deal. This is, however, made easy with Jumo’s Wewole product, a micro-credit solution that provides a convenient way for mobile money subscribers to access loan facilities via […]
In a bid to support women inclusion and support business growth, SafeBoda, which started off initially as a ride-hailing App, plans to give out working capital loans to its merchant partners to expand their businesses. According to the company’s Vice President of Payments and Financial Services, Tim Jamieson, a pilot for working capital loans will […]
The era of moving around from one lender to another shopping for the best loan deal could have come to an end, thanks to a solution by Enabling Finance Limited that links borrowers to professional money lenders. Dubbed Finablr, the product by the credit finance company seeks to create a platform to serve people who […]
The long procedures and tough requirements by financial service providers are among the reasons some people, especially at the bottom of the pyramid, are still locked out of the financial system. To bridge this gap, however, UG-Mart, a Financial Technology Company (FinTech), has lowered the Know-Your-Customer (KYC) requirements to enable all Ugandans have access to […]
While financial inclusion in Uganda has greatly improved over the years, women are still lagging behind their male counterparts. However, a number of initiatives are being undertaken to close the gap. Among them is Payclide’s agency model of service provision, which puts emphasis on empowering women by enrolling them as agents. Payclide, a product of […]
While most Ugandan businesses are used to physical cash payments, there is a gradual shift to electronic commerce that has forced them to move to digital payment channels, which in most cases are done through service providers that do not settle the payments immediately. Given that majority of Ugandan businesses are micro or small enterprises, […]
Business enthusiasts believe that supporting a woman-led business is equivalent to supporting an entire family and a nation at large. Flutterwave, a payments technology company that operates in 33 countries across the globe including Uganda, has cut a niche in supporting these women-led businesses. In a bid to support the growth of women-owned businesses, the firm […]
While businesses are grappling with various challenges as they seek to thrive in today’s competitive environment, it is not easy to come across a firm that offers a range of solutions, to almost all challenges, under the same roof. However, Trade Lance, an Information and Communications Technology (ICT) firm, has curved itself a slot in […]
The outbreak of the COVID-19 pandemic and the resultant lockdown has seen the collapse of a number of micro enterprises, for failure to adapt to electronic commerce. One of the biggest bottlenecks realize by these businesses is lack of digital skills among their proprietors, yet they have now become as important as financial management skills […]
Missing out on your favourite concert, sports game or comedy show because of the long distance to the ticketing point continues to be demystified , thanks to Ticteq, an online ticketing system that bridges the gap. The solution, which brings together event organisers and revelers on a single online platform, continues to offer convenience to […]
