Wendi Mobile Wallet, a payment platform developed by PostBank has facilitated the disbursement of UGX 520 billion to 10,589 Savings and Credit Cooperatives (SACCOs) across Uganda, marking a significant milestone in the country’s financial inclusion journey. According to George Kiyingi, Head of Agent Banking and Fintech Distribution at Wendi, the partnership with the government’s Parish Development Model (PDM) program has been instrumental in driving financial inclusion in Uganda. “By aligning with the PDM, the government banks through Wendi have been able to facilitate the disbursement of UGX 580 billion directly to SACCOs across more than 150 districts,” Kiyingi said. “This…
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