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…
Stanbic’s FlexiPay and Pearl Bank’s Wendi Partnership: The UGX 6 trillion Digital Money Highway Promising a New Revolution The partnership between Stanbic Bank’s FlexiPay and PostBank’s Wendi Wallet has created Uganda’s largest interoperable digital finance network; linking over UGX 6 trillion in annual transactions, 1.5 million users, and thousands of agents nationwide, driving financial inclusion, liquidity, and trust across both urban and rural communities.

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.



