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TodaySunday, May 03, 2026

Uganda Microfinance Regulatory Authority (UMRA)

Andrew Kabeera PostBank’s Executive Director ( L) and Executive Director of UMRA, Edith Tusuubira (R) exchanging the Memorandum of Understanding (MoU) to initiate a collaboration between UMRA and Postbank through its Wendi mobile wallet aimed at digitising the operations of tier IV Microfinance Institutions through PostBank’s Wendi mobile wallet, so that the last mile beneficiary can actively participate in socio-economic ventures that will improve their livelihood. The event was held at UMRA Offices today 21st October 2024.

UMRA, PostBank collaborate to digitize SACCOs using Wendi mobile wallet 

The Uganda Microfinance Regulatory Authority (UMRA) and PostBank Uganda have signed a Memorandum of Understanding (MoU) to initiate a collaboration aimed at digitizing the operations of Tier IV Microfinance Institutions through PostBank’s
October 22, 2024
Patrick Oketa, Executive Director, Financial Sector Deepening Uganda (FSDU); Ms. Edith Namugga Tusuubira, Executive Director, Uganda Microfinance Regulatory Authority (UMRA); Pascal Mukisa, Head of CRB Services, in the Department of Non-Banking Financial Institutions, Bank of Uganda and Moses Ogwapus, Commissioner Financial Services, Ministry of Finance, Planning And Economic Development. They hailed the Mobile Credit Score as a transformative and ground-breaking development in the financial landscape of Uganda and a significant milestone in the journey towards financial inclusion.

STAKEHOLDERS: GnuGrid CRB and Airtel’s new Mobile Credit Scoring system to herald a new dawn in digital lending and financial inclusion

Public and private sector stakeholders as well as development partners, in Uganda’s financial services ecosystem, have welcomed GnuGrid CRB and Airtel Mobile Commerce’s Mobile Credit Score as a significant milestone in the
January 29, 2024
David Opio Obwangamoi, Founder & Executive Director, gnuGrid CRB (left) and Japhet Aritho, Managing Director, Airtel Mobile Commerce Uganda Limited (AMCUL) speak at the launch of the Mobile Credit Score.

GnuGrid CRB and Airtel Mobile Commerce Launch Uganda’s First-Ever Mobile Credit Scoring System

GnuGrid CRB, Uganda’s first and only indigenous credit reference bureau to be licensed by the Bank of Uganda and Airtel Mobile Commerce Uganda Limited, a provider of affordable and secure financial services
January 29, 2024
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