This article showcases our top picks for the best Uganda based Fintech (Financial Technology) companies. These startups and companies are taking a variety of approaches to innovating the Fintech (Financial Technology) industry, but are all exceptional companies well worth a follow.
We tried to pick companies across the size spectrum from cutting edge startups to established brands.
We selected these startups and companies for exceptional performance in one of these categories:
- Innovative ideas
- Innovative route to market
- Innovative product
- Exceptional growth
- Exceptional growth strategy
- Societal impact
Top Uganda Fintech (Financial Technology) Companies
Beyonic offers businesses a suite of cutting-edge digital payment services. The Beyonic platform is a simple and universal two-way payment management solution; it gives its customers access to 26 mobile payment networks and more than 20 banks in nine different countries, all centrally.
For the past seven years, Beyonic has specialized in providing dematerialized payment solutions for managing personal projects and corporate budgets, such as payroll, change, communication credit, debt collection. payment and disbursement of corporate funds of any size or type..
remit.ug is a product of Redcore Interactive. The service enables people from all over the world to transfer money to the mobile wallets of their relatives, friends and associates in Africa.
remit.ug aims to be the fastest, safest and most affordable mode of remittances to Africa. Redcore Interactive customers are mainly African Diaspora sending money home to their families.
According to the World Bank, remittances to Africa hit $60b in 2012.. .
Payclide allows peer-to-peer and merchant payment services through a digital wallet via mobile, web, and in-store. Users can also pay their utility bills, gas, Travel Airtickets, invest, insurance, Tax filing, and give Donations.
Payclide helps merchants take full control in managing and running their business with an inbuilt point of sale service that enables debit and credit card payments, makes management of inventory, customers, reporting, and sales tracking easy and seamless. Founded in 2020, Payclide is owned by Cytrone a Financial technology company currently headquartered in Uganda..
We are changing the way smallholder farmers – manage their payment risk, Agro processors – manage their supplychain Insolvency Risk and sponsors – originate and grow their Trade Finance portfolio. Agric Wallet is a FinTech platform focused on risk management in the supply chain through customer profiling, smart contracts and digital collateral receipts.
We aim to originate quality trade finance opportunities, finance the most likely to grow our income while continually improving our ability to collect and recycle capital.. .
Inforex Africa is an online platform that creates a network for foreign exchange service providers. With the Inforex software system, forex bureaus will be able to view each other’s forex rates and buy and sell currencies amongst each other easily.
Inforex creates a system for institutions that allows them to view changes in forex rates between forex bureaus in real time. It enables institutions to get information and reminders from central bank superiors about the forex market and cash inflow submissions.
The platform also has a messaging feature that makes communication easier for institutions using the application. Each forex bureau is provided with a profile section where they can update their location and contact details.
Inforex Africa was founded in 2012 and is based in Kampala, Africa.. .
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