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TodayWednesday, April 29, 2026

Financial Technology

Julius Kakeeto, Managing Director of Pearl Bank (formerly PostBank Uganda) (back centre), Mumba Kenneth Kalifungwa, Managing Director of Stanbic Bank Uganda (back 2nd right), Priscilla Akora, Head of Marketing and Communications at Pearl Bank (3rd left), and Diana Kahunde, Head of Brand and Marketing at Stanbic Bank (2nd right), join other officials from both institutions during the launch of the Wendi by Pearl Bank and FlexiPay partnership at the Sheraton Hotel, Kampala, on Thursday, 23rd October 2025. The partnership aims to enable seamless transactions between both digital platforms at subsidized fees, promoting financial inclusion across Uganda.

Pearl Bank and Stanbic Join Forces to Merge Digital Wallets for Uganda’s Financial Inclusion Drive

In a landmark partnership that signals collaboration over competition, Pearl Bank Uganda (formerly PostBank Uganda), a leading government-owned financial institution and Stanbic Bank Uganda, the country’s largest commercial bank, have announced the
October 23, 2025
Dr. Valentine Obi, the founder and Chief Executive Officer of eTranzact Global, the parent company of eTranzact Platform Limited Uganda, is one of Africa's most distinguished and visionary financial technology leaders.

eTranzact, one of Africa’s largest cross-border digital banking and payments providers, launches in Uganda

eTranzact Platform Limited Uganda, a subsidiary of eTranzact Global, has formally launched its operations in Uganda, promising to both transform cross-border payments as well as “reduce transaction costs by at least 50%”.
October 17, 2024
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Peter Kawumi, the new Interswitch East Africa Regional Managing Director has been a respected and passionate fintech industry leader in Uganda.

Interswitch Uganda’s Peter Kawumi elevated to East African Regional Managing Director role

Following a spirited four and a half years as the Country General Manager of Interswitch in Uganda, Peter Kawumi has been elevated to the Regional Managing Director, East Africa. In that role,
October 24, 2023
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LEFT-RIGHT: Emmanuel Katongole, Chairman of the Covid-19 Response Fund; NITA-U's Marketing and Communications Lead, Steven Kirenga and Prime Minister, Rt. Hon. Ruhakana Rugunda at the launch of the Covid-19 crowdfunding platform last week. As, at May 3rd 2020 the Katongole committee had mobilised up to UGX7 billion in cash, UGX4 billion in pledges, 50 vehicles valued at UGX5 billion as well as food stuffs, medical equipment and others valued at UGX5 billion- altogether UGX 21 billion.

COVID-19: Rugunda unveils NITA-built crowdfunding platform

The Office of the Prime Minister has this morning unveiled a citizen fundraising platform aimed at assisting the government of Uganda in mobilising resources and funds from its citizenry and well-wishers to
May 12, 2020
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Uganda Bankers Association's Wilbrod Owor and FITSPA's Peter Kawumi at the MoU signing.

Uganda Bankers Association and Fintechs association to collaborate on digital financial services product development

The Uganda Bankers Association (UBA) and Financial Technology Service Providers Association (FITSPA) have signed a strategic collaboration agreement aimed at promoting innovation, knowledge sharing and professional practices in the development of digital
March 9, 2020
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