Fintechs in Uganda

Left-Right: Bank of Uganda Deputy Governor, Dr. Michael Atingi-Ego; PostBank Managing Director, Kakeeto Julius and PostBank Chief Executive Director and Chief Digital Financial Services Officer, Andrew Kabeera at the November 2023 launch of Wendi. Wendi has been hailed as a key enabler of financial inclusion.

PostBank’s Wendi hits UGX200 bn in payments to over 200,000 PDM beneficiaries

In just four months after its launch, PostBank Uganda’s digital wallet, Wendi has hit a record UGX200 billion in payments to over 200,000 Parish Development Model (PDM) beneficiaries countrywide. According to statistics
February 24, 2024
LEFT-RIGHT: Mr. Tsehay Shiferaw, the Awash Bank Chief Executive Officer; Mr. Joseph Kiiza Ndiho, the Service Cops’ Executive Chairman; Mr. Mathias Kamugasho, the Service Cops Managing Director and Mr. Takele Arega, the Awash Bank Legal & Co Secretary Chief sign the new partnership.

Ethiopia’s Awash Bank, enlists services of Uganda’s fintech giants, Service Cops to roll out instant digital microloans

Service Cops, one of Uganda’s leading Financial Technology and Business Processes Outsourcing (BPO) firms and Ethiopia’s Awash Bank have reached another milestone agreement to expand their digital-strategy support partnership started in April
A photo of mobile money agent showing logos of Wave, MTN Mobile Money and Airtel Money. It appears Wave's low-pricing and agent pre-financing market entry strategy is draining more money than it can bring in!

Wave Mobile Money to wave off more than 80% of staff in a second wave of layoffs

Hardly 6 months after laying off some 300 people in June 2022, Wave Mobile Money Uganda Limited is set to lay off more people, CEO East Africa Magazine can exclusively reveal. We
November 13, 2022
Mathias Kamugasho says that Service Cops has its eyes on morphing into a diversified group with entities in different sectors but still playing a leading role in the technology area. He also says the company targets to become a fully-fledged African firm making an impact in Africa and the world technology market.

Q&A: Service Cops’ CEO Mathias Kamugasho speaks out on building one of Sub-Saharan Africa’s largest business technology firms with eyes on the continent

Can you start by telling briefly who is Service Cops? Service Cops is a regional Financial Technology and Business Processes Outsourcing solutions provider. Having been incorporated over ten years ago, Service Cops

 

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