• Stanbic Uganda selects IBM to help build banking-as-a-platform services. • The shift enables Stanbic Uganda to meet growing customer expectations in line with global trends. Stanbic Bank Uganda Holdings Limited (Stanbic Bank Uganda), Uganda’s largest commercial bank by assets with over three decades of serving the market, has selected IBM’s (NYSE: IBM) Cloud Pak
As a fast-growing provider of innovative, unsecured lending solutions to underserved markets across Sub-Saharan Africa, Unifi is thrilled to announce that it has opened its fiftieth branch in Africa. This marks an exciting milestone as Unifi moves closer to its mission of bringing simple, affordable credit to one million customers by 2025. “This milestone launch
The adage ‘jack of all trades, master of none’ is apt for enterprises considering expansion into new African markets. Anthony Karingi, Vice President of Business Development – East Africa at leading fintech enablement partner Ukheshe, says the company is taking a collaborative approach to its regional expansion strategy – and is already reaping the benefits.
Global Alliance for Banking on Values ED Commends Ugandan financial institutions for adopting transformative financial solutions. Martin Rohner the Executive Director, Global Alliance for Banking on Values (GABV), has commended Centenary Bank for adopting transformative solutions that will aide in creating a sustainable finance eco system. In conjunction with the GABV ED Martin Rohner, Fabian
‘Purpose-driven loans’ centred around inclusion, education, skill development and gender are the main products being developed for African markets This collaborative partnership leverages the expertise and global best-practices from the financial services industry with the disruption and nimbleness of a fintech to address the need for responsible consumer finance in Africa. SC Ventures, Standard Chartered’s
BOSS Money Customers across Africa will be able to Receive Money Transfers Directly into their Boss Money Wallet from Family and Friends in the U.S. IDT Corporation, a global provider of fintech, cloud communications, and traditional communications services, announced today that it is rebranding its Africa-based Leaf Wallet app to IDT’s flagship financial services brand,
Samuel Kirubi, has been promoted to the position of GCOO from his current role of Managing Director of Equity Bank Uganda In his seven years of duty in Uganda, he turned around the entity from No 16 to the 5th most profitable bank in Uganda and the 6th largest bank in deposits and assets He
CR2, a global-leading banking software company has partnered with dfcu Bank to transform their ATM, Card and Payments Management Platform. The partnership between CR2 and dfcu will build the Bank’s technological capability and will start by enhancing the customer experience across cards, ATMs, and payments. Commenting at the launch Fintan Byrne CR2 CEO said, “We
Kshs.34.4 billion, PAT and Kshs.1.264 trillion assets 28% Profit After tax growth 31% growth in Non-funded income 27% growth in Earnings per Share 15% growth in customer deposits 21% growth in net loans Equity Group Holdings Plc today reported Kshs.34.4 billion shillings profit after tax for the nine months to 30th September 2022. The Group recorded
Mastercard and Ecobank Group will deploy Mastercard Farm Pass, an award-winning, innovative solution that helps connect smallholder farmers to financial and agricultural ecosystems Mastercard Farm Pass will be rolled out leveraging the 33 countries where Ecobank has banking operations, helping millions of smallholder farmers gain digital access to markets, quality inputs, financial services, and real-time
