Fintech

When Opay launched in Nigeria in 2018, it came in really hard. The startup came in backed by a $50 million investment (the highest raised by a Nigeria-based fintech startup, at the time) raised by its parent company, Opera. Opay, however, put that money to... Read More

When you talk about payment processing in Nigeria and in some parts of Africa, Flutterwave is one company that comes to mind. It is used by a large number of businesses (small and large), entrepreneurs, large corporations, freelancers, and more. Flutterwave recently announced that it... Read More

In simple terms, a unicorn is any private startup company that is valued at more than $1 billion. The term was coined by Aileen Lee, a US-based investor, in 2013. And according to Wikipedia, she chose the mythical animal to represent the statistical rarity of such successful ventures. ... Read More

Paga is a mobile payment platform that helps users carry out certain financial transactions like money transfer, utility bill payments, and more. Paga is a mobile phone-based platform such that anyone with a phone number can carry out financial transactions. In this post, we try... Read More

In March 2009 MTN became the first telecom operator in Uganda to launch a mobile financial service that would revolutionize the country’s financial fabric. More than a decade later, the service has evolved into a one-stop financial transaction point that is championing financial inclusion across... Read More

If you don't already know Paystack, it is a Fintech startup and payment processing company based in Lagos that lets businesses and individuals accept payments via credit card, debit card, USSD, money transfer, and mobile money on their websites or mobile apps. In late April,... Read More

Giving is a noble act and can go a long way in making the life of someone easier. Eversend, an African fintech company has made giving of donations easier by introducing a Donate feature on the app. With this feature, you can give to your... Read More

MTN Uganda and compeer Ericson awarded Ugandan innovators that participated in the MTN Open API challenge to develop applications that use MTN MoMo APIs, to monetize both consumer and business opportunities digitally. Between the line: MTN gave third parties access to its Mobile Money Access... Read More

The online shopping world in Uganda is getting another player in the name of Xente. Xente is a Uganda-based Payments, Financial Services, and eCommerce company, offering various products and services that can be paid for using Mobile Money (Airtel Money, MTN Mobile Money), Bank Card (Visa Card, MasterCard), Xente wallet... Read More