Close Menu
  • Home
  • Celebrity Gossip
  • Entertainment News
  • Featured
  • Photo News
  • Advertise with Us
  • About Us
  • Privacy Policy
Facebook X (Twitter) Instagram YouTube WhatsApp
Facebook X (Twitter) Instagram YouTube WhatsApp TikTok
BigEye.UG
Subscribe
  • HOME
  • CELEBRITY GOSSIP
  • ENTERTAINMENT
  • PHOTO NEWS
  • VIDEO NEWS
  • MONEY
    • Money
    • Features
BigEye.UG
Home»BigEye Money»Local Business»Airtel Uganda wins FinTech Innovation Award
Local Business

Airtel Uganda wins FinTech Innovation Award

BigEyeUg1By BigEyeUg1May 18, 2021
Share
Facebook Twitter Telegram WhatsApp

Airtel Uganda offices

By Our Reporter

Airtel Uganda has been recognized and awarded for its continuous innovation under the Airtel Money services that has accelerated financial inclusion in Uganda.

The telco scooped the 2021 FinTech Innovation Award at the 18th annual East Africa Com Virtual Awards ceremony held last week in Nairobi – Kenya together with Comviva, a global leader in mobile solutions offering digital VAS, mobile finance and customer management solutions for telecom operators.

According to East Africa Com, the awards organizer, The Fintech Innovation Award honours top companies and products leading in Financial Technology (FinTech) innovations in East Africa. Airtel Money is one of Uganda’s top financial inclusion drivers that enable mobile phone subscribers, especially the financially underserved population, to transact in the digital economy.

Powered by Comviva’s mobiquity platform, Airtel Money provides a mobile wallet to consumers linked to their Airtel mobile number, allowing them to transfer money, get loans and make payments instantly, easily and securely, anytime, anywhere.

Speaking about the Award, Andrew Rugamba, the Airtel Money Director at Airtel Uganda mentioned that; “We are very excited about winning the 2021 Fintech Innovation Award. This win is a result of hard work and continued investment in tech-driven reliable and affordable innovative solutions aimed at giving our customers the desired experience as they transact using a wide range of products and services we offer.”

“As Airtel Uganda, we pride in being a financial service partner our customers can trust as they send and receive money using safe, secure and affordable Airtel money services.”

The increased demand for cashless transactions has spiraled a steady growth of the mobile financial services in Uganda. According to the Uganda Communications Commission 2020 4th Quarter Market Performance Report, active mobile cash transaction wallets increased to 22.5 million between October and December, 2020 from 20.9 million in Q1 2020, demonstrating the fast growth in uptake of mobile cash transactions in Uganda.

During the same period, active mobile agents increased from 227,736 in September 2020 to 235,790 agents in December 2020, to support increasing demand in mobile cash transaction services.

Related

Airtel Uganda news
Share. Facebook Twitter WhatsApp Email
Previous ArticlePeaky Blinders crowned Budo League Season Four champions
Next Article Diamond Platnumz and his WCB-Wasafi seal mega-deal with Warner Music

Related Articles

Equity Group Holds 21st Annual General Meeting

Equity Bank Set to Open in UAE

How Mogo Uganda is bridging the EV Ecosystem Access Gap

Equity Bank Uganda Partners with African Nations Cup UK 2025 as Main Sponsor

Equity Bank Uganda Staff Donate Blood to Celebrate World Blood Donor Day

Talkio Mobile partners with Interswitch to expand access across Uganda

Latest News

Dax Vibez Relocates Maiden Concert to UMA Show Grounds After Hotel Africana Cancellation

July 2, 2025

ACTS Fund Uganda Leads Mental Health Talk on Childhood Trauma in Twitter Space

July 2, 2025

Jamaican Duo Shenseea & Tarrus Riley Rumored to Perform at Rotary Club of Muyenga Forest Hills’ First Presidential Installation

July 2, 2025

Vinka, John Blaq, Alien Skin, A Star-Studded Aidah Kasiki Celebration at Premium Liquor Tomorrow

July 2, 2025

Ava Peace Promises Manager Jeff Kiwa a Mercedes Brabus as a Token of Gratitude

July 2, 2025
Follow Us
  • Facebook
  • Twitter
  • Instagram
  • YouTube
  • TikTok
  • WhatsApp
BigEye.UG
Facebook X (Twitter) Instagram YouTube WhatsApp TikTok
  • Sitemap
  • Privacy Policy
  • Contact Us
© 2025 BigEye.UG | All Rights Reserved

Type above and press Enter to search. Press Esc to cancel.