Banking & Payments

Education is and has always been the key to success and this would explain why there is more pressure, now more than ever to properly empower the young generation. The government can only do so much and as such, we have seen other players including... Read More

Chippercash has today officially announced the ability of its Ugandan users to buy and sell stocks of U.S companies. Ham Serunjogi, the company CEO made the announcement today at their Unlocking Global Investment event. You can buy fractional shares from over 100+ publicly traded U.S... Read More

Last month, Chipper Cash launched in the US enabling money transfers to and from the US. Simply put, you can now send or receive money to and from your relatives and friends in the US and the UK. Considered the fastest growing African fintech company,... Read More

MTN Uganda in partnership with SIMFY, the developers of ayoba, has today launched a dynamic campaign dubbed ‘Life inside ayoba’ that will see ayoba users sending MTN MoMo for free to fellow ayoba users. Introduced to the Ugandan market last year, ayoba, the African superApp,... Read More

The banking sector is one of the industries that hasn't changed much for the past hundred years or so. They make money by charging service fees and interest on loans for the majority of their customers. And one of the service charges is the Bank... Read More

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

Abeg app is a peer-to-peer platform where users can request money from other Abeg users in your contact list just by typing in their Abeg tag, and can also send money to other Abeg users. With Abeg, you do not need to share your bank details... Read More

Absa Bank Uganda and MTN Uganda Limited announced the introduction of mobile money payment functionality, also known as MTN MoMoPay on Absa Point of Sale (POS) machines/terminals across the country. The service is open to all MTN Uganda mobile money account holders, who can now... 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