#40Days40FinTechs Initiative Season 5, Day 16: Zimba Technologies is building financial systems for last-mile Financial Inclusion

#40Days40FinTechs Initiative Season 5, Day 16: Zimba Technologies is building financial systems for last-mile Financial Inclusion

Savings and Credit Cooperative Organisations (SACCOs) and Microfinance Institutions are at the heart of last-mile financial institutions as these serve the unserved and underserved. However, many of these continue to depend on paper and cash-based systems that are prone to misuse, time-wasting, and thus inconvenience all the parties involved. But technology is addressing most of […]

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 #40Days40FinTechs Season 5, Day 13: Kray Microfinance is saving last-mile Ugandans through affordable digital loans

#40Days40FinTechs Season 5, Day 13: Kray Microfinance is saving last-mile Ugandans through affordable digital loans

Accessing affordable and available credit is a big obstacle to the growth of micro, small and medium-sized enterprises (MSMEs). Many of them end up relying on loan sharks that charge exorbitant interest. Nonetheless, innovators continue to address these obstacles with the help of Financial Technology. One way they are doing this is through making digital […]

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 #40Days40FinTechs Season 5 Day 7: Merchandise Uganda is connecting small businesses to a wide digital market

#40Days40FinTechs Season 5 Day 7: Merchandise Uganda is connecting small businesses to a wide digital market

One of the main pain points faced by small businesses in Uganda is the high cost of rent for stalls and business space. The cheap stalls are not marketable while the marketable stalls are out of reach for small businesses. Nonetheless, technology is solving some of these issues through democratizing advertising and general access to […]

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 PesaLink Processes Over Half a Million Transactions Monthly

PesaLink Processes Over Half a Million Transactions Monthly

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 […]

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 CenteTech is accelerating Centenary Bank’s digital journey as more clients switch to Digital Financial Services

CenteTech is accelerating Centenary Bank’s digital journey as more clients switch to Digital Financial Services

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 […]

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