It’s official! The third annual African Fintech Unconference (AFU19) will be held on 10 – 12 September 2019 on the shores of Lake Victoria in Uganda. This dynamic industry event is co-convened by African fintech pioneers Nomanini, MFS Africa, and Tugende. Over the past decade, the progress made within financial inclusion has emerged as one
The Bank has launched its digital services in Tanzania and Ghana following successful roll-outs in Côte d’Ivoire and Uganda. Standard Chartered has announced it has completed a simultaneous multi-market launch of its digitally-led retail banks in Tanzania and Ghana, with Kenya’s roll out scheduled to occur shortly. This follows the launches of the Bank’s digital offering
Mastercard, in partnership with Housing Finance Bank, has launched Mastercard Debit and Prepaid Card options to the bank’s customers. These payment solutions will deliver a quick, convenient and secure alternative to cash, while further assisting in driving inclusive growth in Uganda. They will also underpin the Ugandan Government’s National Financial Inclusion Strategy (NFIS) 2017 –
Mastercard in partnership with M-KOPA Solar and Centenary Bank, celebrated the first ‘pay-as-you-go’ QR transaction this week, officially launching the initiative, which provides a simple and inexpensive way to power the homes and businesses of Ugandans. M-KOPA, which already provides affordable, safe and clean energy to three million people in East Africa has launched Mastercard’s
MTN Uganda in partnership with Mastercard and United Bank for Africa (UBA) have announced a new service that will enable quicker, safer and more convenient online payments globally. Through this partnership, MTN MoMo customers will use a virtual card to shop or make payments at the vast network of global outlets accepting Mastercard payments. The
Online money transfers have become so popular in African countries. You could transfer money to about anyone, no matter where they live in the world. Add to it the fact that you could even make payments to other companies, no matter whether you are choosing a product or a service. For instance, with depositing with
Orient Bank Uganda Limited and UnionPay International have announced recently that UnionPay Cards are now accepted at all ATMs and POS terminals of Orient Bank in Uganda. Orient Bank is one of the leading and fastest growing banks in Uganda and currently has more than 25 ATMs and 200+ Points of Sale in Uganda. Announcing
Users of MTN Rwanda will now be able to send money to Tanzania via Mobile Money as the telco has opened the mobile-to-mobile remittance service between Rwanda and Tanzania. MTN Mobile Money users in Rwanda are now able to send money to Airtel Tanzania subscribers seamlessly and affordably through the MFS Africa Hub. The Hub
A new payment platform launched by Mastercard, UNICEF and the Ministry of Education in Uganda is gaining traction, reaching over 130,000 registered students in just one year. The mobile app enables parents and caregivers to pay school fees and other school expenses with their mobile phones securely, easily and on time. Kupaa, meaning ‘to fly
UnionPay International (UPI) and Post Bank Uganda (PBU) have entered into a cooperation agreement. As a result of the partnership, EMV-compliant UnionPay debit cards will be issued in the Uganda market for the first time. Post Bank Uganda is one of the largest and leading Commercial Banks in Uganda and it owned by the government
