In line with its commitment to spearhead Digital Financial Services adoption and Financial Inclusion advocacy across Africa, HiPipo has today launched the 2021 #WomenInFinTech #LevelOneProject Hackathon and Summit, with the opening of registration to all eligible participants. The Women in FinTech Hackathon will convene developers – 75 per cent of them being women – to […]
Our Reporter. The second wave of the Covid-19 pandemic has left majority Ugandan businesses and even individuals in desperate need of a financial bailout. Sadly, many of them could hardly access credit due to lack of security and other necessary requirements. However, there has been a reprieve for more than nine million Ugandans who have […]
By Our Writer. While the Uganda Bureau of Statistics indicates that there has been a reduction in national poverty levels over the years, majority Ugandans still live in poverty. Even those who manoeuvre their way out remain just a shock away from falling back into poverty, mainly because they lack resilience mechanisms. Seeking to close […]
By Our writer. The low transaction costs, innovative products and a wide network coverage that makes its products and services easily accessible to everyone, irrespective of location, has made Airtel Mobile Commerce Uganda Limited “a bank” for people who were previously unbanked. This is according to the Airtel Uganda Chief Commercial Officer, Amit Kapur. Amit […]
Private Sector Foundation Uganda (PSFU) in partnership with MasterCard Foundation through the COVID-19 Economic Recovery and Resilience Response Program (CERRRP) have supported KaCyber Security Technologies Limited, a transportation and logistics technology company whose mission is “to make seamless mobility a reality in Africa” to pilot an electronic ticketing system together with bus operators that will […]
By Our writer. Smallholder farmers have for long been exploited and cheated at various stages of the agricultural production; be it buying inputs, where they have been sold counterfeits, or selling their produce, where they have been exploited by middlemen who offer them very low prices. This has played a great deal in keeping them […]
By Our writer While majority of Uganda’s youth have resorted to running small businesses due to the high unemployment rate, their businesses suffer high failure rates due to, among others, inability to access credit. This is mainly because most lenders ask for collateral, which most of them do not have. However, Discount Cards Limited’s CardPesa […]
By Our writer While previous efforts to encourage Ugandan businesses to digitize were futile, the outbreak of the global COVID-19 pandemic has created haste for enterprises, irrespective of size, to shift to online platforms. This has opened opportunities for Financial Technology Companies (FinTechs) to tap in with innovative solutions that are changing the way […]
By Our Writer By enrolling on the MoMoPay platform, your goal could have been to simply receive digital payments and make your business more efficient. However, MoMoPay is not your ordinary kind of platform that allows you to only receive digital payments. It, according to the MTN Mobile Money Uganda Limited Managing Director Stephen Mutana, […]
By Our writer Businesses are increasingly adopting emerging technologies across all functions, owing to the ability to improve operational efficiency, deliver better customer experiences and improve profitability. Among the providers of these emerging technologies are Financial Technology Companies (FinTechs) like NewLife Technologies Sarl, a Cameroon-based mobile application and website development company, whose SoftPay is empowering […]
By Our writer Cashless and contactless digital payments are increasingly playing a significant role in ensuring safety, speed, convenience, and seamlessness in business operations globally. It is this that Yo Uganda Limited, a technology solutions company, is extending to businesses and farmers across Uganda to improve their efficiency. Established in 2006, Yo Uganda entered the […]
By our writer. While access to credit is what micro and small business owners need to expand their enterprises and work their way out of poverty, it is nearly impossible for them to get bank loans because they lack collateral. Given that they employ majority of Ugandans and contribute about 30% of the country’s Gross […]
By Our Writer With parents pacing against time juggling a number of things to make ends meet, anything that helps them conclude their children’s school affairs from wherever they are comes in handy. This is thanks to the emergence of the Financial Technology Companies (FinTechs) that are offering a number of innovative solutions to not […]
By Our Writer The delay in settling digital money transactions is among the reasons most people in Uganda prefer cash to electronic transactions. This explains why Uganda is still a cash economy, with almost 80% of transactions being cash. However, Pegasus Technologies, a Financial Technology Company (FinTech), continues to oil the shift from cash to […]
By our writer. Insurance penetration in Uganda has remained below 2% for a long time, as efforts to increase uptake by traditional players have not yielded much. This may, however, change as InsurTechs join the market with innovative solutions. One of the InsurTechs that is helping to set the ball rolling is Insure Small Small […]
By our writer When you talk about software engineering, many females will tell you that it is a preserve for males. This is basically because in addition to being a male-dominated field, most females think that software development is a hard discipline and thus should be pursued by men. To demystify that belief, however, Club […]
By Our writer Transport operators lose a lot of revenue as untrustworthy conductors charge money that is not recorded anywhere in the operator’s books, thus revenue leakages. In a bid to close the gap and improve transport operators’ revenue collection, however, Innocent Orikiiriza founded the KaCyber, a transport and logistics technology company that builds digital […]
By Our writer While not many people in Uganda and across the African continent are using the Blockchain technology mainly due to its complexity, YTIB Capital is helping simplify it so as to increase usage. Through its SMS to Blockchain and API service, YTIB seeks to bring the ordinary person into the bracket of Blockchain […]
By Our Writer People bored of buying food stuffs, fruits and meat that have stayed long on market stalls may have a reason to smile now that they can enjoy fresh products directly from the garden to their kitchen, thanks to Enimiro Online. Enimiro Online was established to aid last-mile financial inclusion through connecting farmers […]
By Our writer Despite contributing immensely to Uganda’s Gross Domestic Product and employing the largest number of Ugandans, Micro, Small and Medium Enterprises (MSMEs) face a multitude of challenges, including limited access to credit. Commercial banks do not want to extend credit to these entities as they are considered risky, have no collateral and most […]
By our writer While there has been growth in the number of Financial Technology Companies (FinTechs) integrating with telecoms and banks to facilitate easy payments and access to financial services, many will attest that the process is not that easy. It involves holding discussions with different institutions before they can agree to pair (peer) with […]
By Our writer Spending a day or a week at home for lack of school fees is something that no parent would wish their child to experience. Due to various challenges, however, parents find themselves stranded with their children who have been sent back home to collect fees. To support such parents, however, E-Moments, a […]
By Our writer Many businesses always find themselves entangled in non-core business functions and end up giving little time to core operations, which affects their operations. Payments are one of those non-core operations that businesses, especially the Micro, Small and Medium Enterprises (MSMEs) tend to spend a lot of time on. To help them manage […]
By Our writer From bricks and cement to painting, plumbing and décor services, anyone undertaking a construction project can now access them under one roof, just with the click of a button, thanks to Kuzimba Services. Established in April 2020, Kuzimba Services, the online web Application, aids estate, site or home building by providing fast […]
By Our writer It is one thing to develop a financial solution and another thing for that solution to be accepted in the market. It is for that reason that Alpteq, an ICT Solutions a company that specialises in software development, decided to take a customer-centric approach in product development, to ensure that the financial […]
By our writer Merchandise Uganda is not only increasingly connecting more Ugandan businesses to buyers across the world, but is also helping them tap into the global financial system. Through the platform, many micro and small enterprises in Uganda that lacked online presence, due to among others, absence digital skills, have gained online presence, which […]
Our writer. Several people across the country have fallen victim to land evictions or have their pieces of land lying idle for lack of funds to develop them. In a bid to solve this challenge especially in the Buganda region where such cases are rampant, Buladde Financial Services, a Cooperative Society, was started by the […]
By Our writer It is estimated that at least 80 per cent of Ugandan farmers are smallholders. Despite their everyday challenges, they contribute the largest share of agricultural production. To help them boost production and increase their incomes, Green Shares, a social enterprise that started operations in 2019, is leveraging technology to unlock their potential […]
By Our writer While some people saw the outbreak of the COVID-19 pandemic as a major setback, to Erasmus Okurut and his team at PayTota Uganda, it created an opportunity which they have grabbed with both hands. Okurut, the PayTota Chief Executive Officer, says the pandemic and the lockdown that followed thereafter opened their eyes […]
By Our writer Being cash strapped has never been a good experience for anyone, neither is the hassle of moving from one financial institution to another shopping for a good loan deal. This is, however, made easy with Jumo’s Wewole product, a micro-credit solution that provides a convenient way for mobile money subscribers to access […]
By Our writer SafeBoda, a company that started off as a ride-hailing App for Boda-Boda rides, is set to launch more products to further oil Uganda’s financial inclusion journey. According to the company’s Vice President of Payments and Financial Services Tim Jamieson, the company will over the next 12 months continue to build its payments […]
Our writer. The era of moving around from one lender to another shopping for the best loan deal could have come to an end, thanks to a solution by Enabling Finance Limited that links borrowers to professional money lenders. Dubbed Finablr, the product by the credit finance company seeks to create a platform to serve […]
By our writer While every business needs credit at one point to support enterprise growth, most Uganda Micro, Small and Medium Enterprises (MSMEs) and farmers have always been deprived of this. This is mainly because they lack collateral and financial records that most lending institutions require before giving out a loan. To bridge this gap, […]
By Our writer Travelling with loads of cash abroad to import goods has always been a big challenge for Ugandan businessmen who could at times get robbed, among the many risks associated with carrying hard cash. As it is said that there is no challenge too hard to find a solution for, UG-Mart, a Financial […]
By Our writer Despite the increasing use of mobile money services across the country, most Ugandans, especially those in rural areas, still find it hard to access these services due to long distances to trading centres where these services are always located. This is in addition to the high transaction fees. In bid to solve […]
By Our writer Electronic commerce is increasingly gaining momentum in Uganda and across Africa, having been ‘oiled’ by the 2020 outbreak of the COVID-19 pandemic that forced most businesses, irrespective of size to shift online. One company that has been at the forefront of Africa’s growing e-commerce business is Jumia, one of the continent’s biggest […]
By Our writer Offering the best services to customers is always at the heart of every business that wants to grow and live beyond its founders. To realize this, businesses have to invest in offering the best customer experiences which in turn breeds customer loyalty. And that is where Flutterwave comes in – a technology […]
By Our writer While businesses are grappling with various challenges as they seek to thrive in today’s competitive environment, it is not easy to come across a firm that offers a range of solutions, to almost all challenges, under the same roof. However, Trade Lance, an Information and Communications Technology (ICT) firm, has curved itself […]
By Our writer It is no secret that women are behind men when it comes to digital skills and are less-likely to have their businesses online compared to their male counterparts. To close this gap, however, Computing Palace Technologies, an Information and Communication Technology (ICT) firm that specializes in software development, is introducing “Her Duuka”, […]
By Our writer It is not uncommon in Uganda to hear stories of a student who has failed to complete their studies or a person who has been unable to travel to a certain destination for lack of money. However, Ticteq, a Financial Technology Company (FinTech) has come up with a product that seeks to […]
By Our Writer Many businesses globally have been affected by the lockdowns instituted by their respective governments to tame the spread of the deadly corona virus, wiping away livelihoods for millions of people. However, Beyonic/ MFS Africa; a giant FinTech that facilitates payments integration across Africa has refined itself to help such businesses continue operating […]
By Our writer It has been widely documented that cash is one of the channels through which COVID-19 spreads. While most parents are used to giving their children pocket money in cash, this, given the current pandemic, greatly exposes them to the virus. In a bid to tame this, however, Pebuu Limited, a Financial Technology […]
By Our writer. Africa has been urged to take advantage of the current growth in digital finance to leap into the future. According to the Xente Tech Limited chief executive officer, Allan Rwakatungu, adopting digital payments will allow faster financial inclusion and trade, an opportunity that the continent should take advantage of. He notes that […]
HiPipo today successfully kicked off the 2nd edition of its 40 Days 40 FinTechs initiative, a grand showcase of exhibition, discussion and dialogue that is centered around offering exposure to those innovators that are enabling many, specifically those yet to enjoy financial inclusivity, the opportunity to become part of the digital economy by way of […]
Our Reporter. As a young nation that is recovering and rebuilding from war, South Sudan faces several challenges. These were worsened by the Corona Virus pandemic that almost put several productive sectors globally at a standstill as governments worked to mitigate the effects of the dreaded Covid-19 disease in 2020. In South Sudan, one of […]
Our Reporter. Financial Technology stakeholders have witnessed a lot of positives in 2020 even amidst the COVID-19 pandemic and its unprecedented effects on people and economies globally. But that doesn’t remove the fact that this has been a rough and tough year. The highlight of the year saw world leaders imploring their citizens to […]
Our Reporter. Women Traders from across Kampala City have asked Financial Technology Stakeholders, and E-commerce players to focus on both Real Time payments and Traders’ Training as these two are the main impediments to online transactions embrace. While appearing on a panel discussion themed Financial Inclusion for Informal Women Traders at the 2020 Digital Impact […]
The 2020 Digital Impact Awards Africa were successfully held on Friday 11th December at Mestil Hotel, Kampala; attracting C-Level Executives and senior Digital, Finance and IT executives. The Awards were a culmination of the Digital and Financial Inclusion Summit that happened on the same day. Digital Impact Awards Africa is a platform that promotes Digital […]
#DIAA2020 #IncludeEveryone #LevelOneProject 17/11/2020 For Immediate Release. HiPipo; the organizers of the annual Digital Impact Awards Africa have today released the list of nominees for the 7th edition of the annual Digital Impact Awards Africa (#DIAA2020). Digital Impact Awards Africa is Africa’s most important gathering of C-Level Executives and senior Digital and IT executives. The […]
For Immediate Release. HiPipo; the organizers of the annual Digital Impact Awards Africa have started receiving entries for the 2020 Digital Impact Awards Africa (#DIAA2020). Digital Impact Awards Africa is Africa’s most important gathering of C-Level Executives, and senior Digital and IT executives. The kick-off of the entries’ submission marks the start of a comprehensive […]