Premier Credit Uganda, a subsidiary of Platcorp Group, has secured a $1.5 million investment from Enabling Qapital, a Swiss impact asset manager, to expand financial inclusion in Uganda. The funding will scale microfinance services, support SMEs, and extend access to credit for women, youth, and rural communities, reinforcing Platcorp’s leadership in sustainable finance across Africa.
Tag: fintech africa news
Fintechs need to overcome regulatory barriers that limit access to financial services for underserved communities
Nikki Kettles, Licences and Payments Regulation Executive at Mukuru, discusses how regulatory barriers often limit fintech innovation and hinder access to financial services for these communities. She highlights the importance of collaboration between fintechs and regulators in overcoming barriers to innovation and expanding access to financial services for underserved communities. Mukuru’s success in holding 49 licenses across 15 countries underscores its deep commitment to working closely with regulators while expanding financial access.