SchoolPay, the digital education payments platform operated by Fincom Technologies, has partnered with Stanbic Bank Uganda to launch the country’s first digital lending marketplace for schools. The new Stanbic FlexiLoan on SchoolPay allows schools to instantly view their loan limits, apply online, and receive funds within 24-48 hours — a major step toward easing long-standing financing challenges in Uganda’s education sector. For more than a decade, SchoolPay has digitised fee collection for thousands of schools. This next step in the ecosystem now connects verified financial data to real-time credit access, providing schools with timely financing for both operational and development…
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