A photo collage of Stanbic chief executive Mumba Kalifungwa and Pearl Bank managing director Julius Kakeeto. The FlexiPay and Wendi partnership promises a new revolution in the e-money ecosystem that brings together more than 1.5 million users.
A photo collage of Stanbic chief executive Mumba Kalifungwa and Pearl Bank managing director Julius Kakeeto. The FlexiPay and Wendi partnership promises a new revolution in the e-money ecosystem that brings together more than 1.5 million users.

A new chapter in Uganda’s digital finance landscape is quietly unfolding as Stanbic’s FlexiPay and Pearl Bank’s (formerly PostBank) Wendi Wallet join forces to create one of the country’s most powerful interoperable payment ecosystems. Together, the two will drive over UGX 6 trillion in annual digital transactions, merging liquidity, inclusion, and innovation into a seamless financial network that connects over 1.5 million Ugandans. Fillings contained in the two banks’ 2024 financial reports tell of a partnership that could shape a new revolution in Uganda’s e-money ecosystem.    Yet it introduces a new chapter of partnerships that will likely reshape how…

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