Kampala, Uganda | THE INDEPENDENT | The Bank of Uganda will keep reviewing the operating conditions of the financial technology companies-Fintech, which have termed the recently introduced regulations for the sector as unfavourable. Fintech is the technology and innovation that aims to compete with traditional financial methods in the delivery of …
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Kampala, Uganda | THE INDEPENDENT | Uganda’s fintech community is confident regulation will act as a pedestal for the industry’s future growth. Speaking ahead of FITSPA’s 3rd Annual Fintech Conference due September 8, Chairman of FITSPA and Country General Manager of Interswitch EA Uganda LTD Peter Kawumi said the association provides …
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Ham Serunjogi’s Chipper Cash targets expansion across Africa | THE INDEPENDENT | African fintech startup Chipper Cash is once again in the money markets news; this time for securing a US$30 million Series B funding round led by Ribbit Capital with participation of Bezos Expeditions — the personal venture capital …
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Kampala, Uganda | THE INDEPENDENT | Finance experts have called for the harmonization of the regulations for the financial technology companies or fintechs. The experts argue that there are currently too many regulators that govern the industry, limiting its growth. Fintech refers to the integration of technology to allow companies provide …
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Innovate or wear your noose Kampala, Uganda | Michela Jjingo | Before 1990, working in the bank used be a nightmare! Even when they were opening at 9am and closing at 12pm, due to the manual processes, ledger cards, pass books and others, staff were going home at about 7pm. …
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As Africa heads towards recession, it’s not easy to know where to invest. Akinyi Ochieng and Isaac Kwaku Fokuo, Jr. highlight three areas that are likely to fare better during the downturn Back in January, Africa’s economic outlook for the year was bright. African Development Bank projections predicted 3.9% growth in 2020 and …
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Kampala, Uganda | THE INDEPENDENT | The government is mooting to regulate electronic payment services and products offered mainly under new Financial Technologies also referred to as Fintech. Fintech refers to the integration of technology to allow companies provide digital financial solutions that ease transactions with just a tap of …
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New law to facilitate trade and digital payment systems Kampala, Uganda | JULIUS BUSINGE | Fintech offers enormous opportunities such as improving service delivery, provision of employment opportunities and boosting financial inclusion for the unbanked to the developing economies. It is therefore important that the innovations are appreciated, according to …
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By: Andrew S. Kaggwa Financial technology experts from 40 African countries are converging this month in, Lagos, the commercial city of Nigeria, to share their innovations, rethink their current models and gain valuable market insight of the African digital financial services market. Stone Atwine, the Ugandan CEO and founder of …
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