40 Days 40 FinTechs Season 4 Day 42 Until recently, the primary methods of transferring money from one bank account to another were through cheques or Electronic Funds Transfers (EFTs). Unfortunately, these traditional methods are often sluggish, labor-intensive, susceptible to errors, and necessitate multiple layers of verification, rendering them less efficient. However, through the power […]
40 Days 40 FinTechs Season 4 Day 38 The year 2023 is a special one for Uganda’s largest indigenous bank. Centenary Bank is celebrating 40 years of transforming the country’s banking sector. Because of their rural development agenda, Centenary Bank transformed Uganda’s banking from an elitist perspective to targeting the ordinary person. And when the […]
40 Days 40 FinTechs Season 4 Day 36 Since MTN Uganda launched mobile money some 14 years ago, the money transfer and financial technology landscape in Uganda was forever revolutionized. The convenience, timeliness, and robustness that come with mobile money have seen millions of Uganda’s unbanked population use this service at least once every year. […]
#40Days40FinTechs Season 4 Day 35 When Doreen Nanfuka started an events management, company called Fuuka Star a few years ago, her most immediate challenge was about the cost of ticketing. This is on top of the hustle of printing tickets and incorporating security features to avoid fraudsters. Then she soon learned about Ticteq, an online […]
#40Days40FinTechs Season 4 Day 34 Deborah Mulungi had gone shopping in a local supermarket when she met a fine lady wearing a T-shirt with the inscription – Izere Education. Curious, Mulungi stopped this lady and asked her what Izere Education stood for. “She told me about many things but I had never heard about Early […]
40 Days 40 FinTechs Season 4 Day 33 Sarah Nassaka Kagimu is a Pastor and small-scale businesswoman in Nansana. Nassaka loves convenience So, when a group of young innovators came preaching about a platform where market vendors could save money and receive loans using phones, Nassaka was the first one to register. “My aim was […]
#40Days40FinTechs Season 4 Day 31 With years of experience in the boda boda business, Francis Edyel says that refueling is one of the most painful things to a rider. On a given bad day, he would usually struggle to juggle between paying the bike owner, leaving some money at home for his family, and refueling […]
#40Days40FinTechs Season 4 Day 29 Alvin Sam Otto is the coordinator Oyam District Farmers Association. Charged with over 200 farmer groups with a membership of thousands of farmers spread across 64 parishes, Otto’s biggest challenge is about keeping tabs on the needs of every farmer. Some want extension services; some want farm inputs while others […]
#40Days40FinTechs Season 4 Day 28 One of the rarest commodities in the world of digital business is called trust. Everyone is afraid of another either because of past experiences with fraud or stories regarding the same. When it come to the car business, the odds of getting exactly what you ordered for online are very […]
#40Days40FinTechs Season 4 Day 26 Almost every day, there is a concert, show, or festival happening somewhere in Uganda. The majority of the partygoers mention access to tickets as a major pain point for attending these shows. For others, it is fraud involved in ticket printing. Many at a time you go to an event […]
