This innovative solution aims to address the growing demand for accessible credit, particularly for underserved and unbanked communities Kampala, Uganda | THE INDEPENDENT | PostBank Uganda and MTN Mobile Money (U) Limited (MTN MoMo) have launched Xtracash, a digital micro-lending solution to extend short-term facilities to MTN mobile money subscribers. This …
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Kampala, Uganda | THE INDEPENDENT | PostBank Uganda (PBU) in partnership with MTN Mobile Money (U) Limited (MTN MoMo) have launched Xtracash, a digital Micro Lending solution that is positioned to extend short term facilities to MTN mobile money subscribers. This initiative is poised to provide approximately 13 million mobile wallet …
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Kampala, Uganda | THE INDEPENDENT | MTN Uganda’s fintech firm, MTN MoMo has contributed Shs 55 million to support Ekisaakaate Kya Nnabagereka slated for January 2025, reinforcing its commitment to empowering Ugandan youth and preserving cultural heritage through technology. The launch event, held in the Bulange gardens last Wednesday at Mengo, …
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Kampala, Uganda | THE INDEPENDENT | In a bid to empower individuals with better access to micro-loans and savings, NCBA Bank Uganda, and MTN MoMo have joined forces to launch the “Mo Money with Mokash” campaign. The campaign, running for the next eight weeks, started on May 15 and aims to …
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Kampala, Uganda | THE INDEPENDENT | NCBA Bank Uganda has partnered with MTN Uganda to launch a new mobile loan initiative dubbed Mo Money with More Mokash campaign. The campaign is aimed at empowering individuals with better access to micro-loans and savings. The partnership is the latest development in the growing …
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The “Beera Steady, Be Better” campaign has led to an 86% reduction in fraud incidences Kampala, Uganda | JULIUS BUSINGE | Fintech firms, MTN Mobile Money Uganda Ltd and Airtel Money Commerce Uganda Ltd, have collectively reported a remarkable Shs 452.7 billion in profit after tax for the year ended December …
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Kampala, Uganda | THE INDEPENDENT | On Aug.17, MTN MoMo announced the launch of the third edition of the MoMo API Group Hackathon, an innovative platform designed to bring together visionary web developers and entrepreneurs from across Africa. This exciting event aims to harness the power of technology and creativity to …
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The company’s agents have declined by 5.5% to 162,000 as it continued to execute its agent rationalisation strategy geared towards sustainable growth Kampala, Uganda | PATRICIA AKANKWATSA | MTN Uganda’s subsidiary, MTN Mobile Money Uganda Ltd, plans to partner with financial institutions to extend credit to MTN Mobile agents and merchants …
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Kampala, Uganda | THE INDEPENDENT | MpaMpe is a digital hybrid crowd-funding application that seeks to bridge the gap between the needy or campaigners, and funders or sponsors, to support their ideas through a transparent model and accountability of funds. Founded in 2021 by five Makerere University students: Maria Luzinda, Emmilly …
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Kampala, Uganda | THE INDEPENDENT | E-wage payment system is a web-based application that facilitates single payment of casual workers via their mobile phones. The app emerged as the winner of the 2022 MTN MoMo Hackathon with the developers rewarded with US$5,000 to go ahead and implement the idea. 12 teams …
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