Category: News

#40days40Fintechs: Merchandise Uganda is linking sellers to buyers.

Our Reporter. Merchandise Uganda, an e-commerce platform that connects sellers to buyers is increasingly gaining prominence in Uganda, owing to its ability to connect businesses to market across the globe easily. Established in March 2019, the platform allows merchants to open mini-showrooms through which they market their products to potential buyers by posting product photos […]

#40days40Fintechs: Hamwe East Africa transforming agriculture through digitization.

Our Reporter. Digital agriculture is increasingly gaining prominence across the world. It is predicted that by 2021, the digital agriculture market, including value of software, algorithm, platforms and links between farming and technology hardware, would triple to $15 billion. To tap into this growing market so as to transform agriculture through enhanced production and productivity, […]

#40days40Fintechs; StarTimes Solar lights up rural communities.

Our Reporter. While previously life for most Ugandans, especially those living in rural areas, would come to near standstill after sunset due to lack of electricity, the emergence of innovative lighting solutions is helping rewrite the story. Hundreds of people now have access to solar power, thanks to products like StarTimes Solar, which is lighting […]

#40Days40FinTechs: Lend in a Box boosting financial inclusion

Our Reporter. With financial exclusion still a big challenge globally, players in the financial technology space are increasingly working towards breaking the barriers by using technology to ensure that more people have access to affordable financial services. It is estimated that over a billion people globally are still financially excluded. Uganda has, however, gained progress […]

#40Days40FinTechs: Craft Silicon is a game changer in payments space.

Our Reporter. The payment industry is increasingly experiencing a high level of disruption that is reshaping the payments space, thanks to a surge of new technology-driven processes. Operated by Financial Technology Companies (FinTech), the digital applications are enabling users to take payments to the next level in terms of speed, efficiency and convenience. And one […]

#40Days40FinTechs: Ugmart playing a role in facilitating cross-border payments

By Our Writer The Ugandan economy is heavily weighted in international trade, especially as an importer, mainly from China. Despite this, traders were finding challenges with cross-border payments as they involved multiple parties, currencies, regulations and risks. However, in a bid to make international payment more accessible and efficient to businesses, Ugmart, a Financial Technology […]