Pride Microfinance Archives

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

CEO East Africa MagazineCompany News Fintechs The Big StoryFebruary 24, 2024February 24, 2024

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…

Housing Finance Bank Joins PostBank and Pride Microfinance in Enabling Seamless Disbursement of PDM Funds with Wendi Digital Wallet

The CEO Magazine TeamCompany NewsAugust 11, 2023August 11, 2023

Housing Finance Bank has joined PostBank and Pride Microfinance Limited to unveil a partnership with Airtel Money Uganda that will facilitate seamless disbursement of Parish Development Model (PDM) funds by…

DETAILS: How digital thieves made away with UGX1.3 bn from Pride Microfinance

Muhereza KyamuteteraIndustry & Analysis News & Analysis The Big StoryJune 1, 2023June 5, 2023

Pride Microfinance Limited a government of Uganda-owned deposit-taking Microfinance institution was early May 2023 hacked and UGX1.3 billion stolen, CEO East Africa Magazine can exclusively reveal. Although the financial institution…

PEOPLE, MONEY & POWER: Uganda’s 45 Most Powerful and Influential People in Banking, 2019

Muhereza KyamuteteraThe Big StoryNovember 17, 2019January 15, 2023

The total assets of Uganda’s financial services industry reached UGX.45.81 trillion, or 44.3 percent of Uganda’s GDP, as at end December 2018. The banking sector, dominated 69% of these assets,…

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