Equity Bank Uganda has joined forces with SafeBoda, one of the country’s leading ride-hailing and on-demand service platforms, in a strategic partnership aimed at boosting access to digital financial services nationwide.
The announcement comes as SafeBoda celebrates a decade of operation in Uganda, a milestone that Equity Bank is proudly supporting as a key sponsor. The collaboration was officially confirmed through recent social media statements by both companies.
Central to this partnership is the launch of a new feature within the SafeBoda app, allowing users to transfer money directly from their SafeBoda wallets to bank accounts—most notably those held with Equity Bank. The feature enables customers to easily send money to their personal accounts or to others, making day-to-day financial transactions more convenient for SafeBoda’s vast and growing user base.
The move aligns with Equity Bank Uganda’s mission to drive socio-economic transformation through innovative financial solutions. According to the bank, partnering with SafeBoda reflects a shared vision of leveraging digital tools to promote financial inclusion and bring essential banking services closer to the average Ugandan.
“This partnership is about putting more power in the hands of the everyday customer,” said an official from Equity Bank. “By integrating banking directly into the SafeBoda ecosystem, we’re enabling greater financial access and flexibility.”
Looking beyond the initial feature rollout, the collaboration hints at the possibility of deeper service integration and future enhancements designed to further improve user experience on both platforms. The partnership also supports Equity Bank’s broader strategy of expanding its agent and merchant network, thereby extending its reach and reinforcing its role in the country’s digital economy.
As Uganda’s fintech landscape continues to evolve, the Equity Bank–SafeBoda alliance is poised to set a new benchmark in convenience, accessibility, and innovation in digital financial services.
